New Jersey Resources (NJR), a Fortune 1000 company, provides reliable energy and natural gas services including transportation, distribution and asset management in states from the Gulf Coast to New England, including the Mid-Continent region, the West Coast and Canada, while investing in and maintaining an extensive infrastructure to support future growth. NJR safely and reliably operates and maintains 7,300 miles of natural gas transportation and distribution infrastructure serving more than half a million customers; develops and manages a diverse portfolio of more than 1.6 Bcf/day of transportation capacity and 45 Bcf of storage capacity; and provides appliance installation, repair and contract service to homes and businesses. Additionally, NJR holds investments in midstream assets through equity partnerships, including Steckman Ridge and its stake in Dominion Midstream Partners, L.P., as well as equity interest in the PennEast Pipeline project.
New Jersey Natural Gas
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3.6
Overall Excellence Rating
Industry
UtilitiesCategory
Energy & UtilitiesESG/Ethical Impact
NJR’s focus on corporate responsibility has long had an emphasis on the people and communities we serve. Community investment has been a core value of our company since the formation of New Jersey Natural Gas seven decades ago. Over the years, we have worked with our nonprofit community partners to provide financial support with a focus on mentorship, education, environmental protection, housing, health and wellness, and economic opportunity. In addition to financial support, our employees and retirees have contributed countless hours of volunteer service to support local causes. To sustain our local community efforts and help achieve greater progress moving forward, NJR has endowed our charitable foundation with nearly $20 million to support this work long into the future. These resources will enable our foundation to focus on medium- and long-term partnerships to drive outcomes that make a difference for local communities, the environment, and our most vulnerable customers. This important action also builds on and reinforces our efforts around environmental responsibility while combating climate change with local solutions, including our Coastal Climate Initiative (CCI). NJR continues to make strides advancing our sustainability goals and agenda. As we progress, our belief in broad, open stakeholder communication and transparency around our sustainability journey will remain a priority. In line with this commitment, this year’s report includes reporting and disclosures consistent with the standards set by the Task Force for Climate-Related Financial Disclosure and the Sustainability Accounting Standards Board, among others.
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Awards Received
2023
Revenues
$560,000,000.00
Website Traffic
Employee Rating
3.7
Customer Rating
4
Company Size
100-1000
ESG Risk Rating
2