Enstor’s goal is to create and preserve long-term sustainability and value for all of our stakeholders, including investors, employees, customers and the communities where we live and work. Everything we do reflects our dedication to the communities we serve and our commitment to responsible operations that protect the well-being of our employees, the public and the environment.
Enstor’s ESG report covers the company’s environmental, social and governance performance. Highlights from the report may be found in the sections below or request the full report by emailing ESG@enstorinc.com.
Environmental
GREENHOUSE GAS (GHG) EMISSIONS │ SASB EM‐MD‐110A.1, EM‐MD‐110A.2
Our Approach
Enstor remains committed to managing environmental stewardship in accordance with best practices and our policies. As a leading privately owned gas storage company in the United States, we acknowledge the potential environmental impacts that may arise from our operations in the absence of proper policies, management systems, and procedures. To address and mitigate our risks effectively, we have implemented formalized procedures and policies that guide our day-to-day operations, along with contingency plans to address potential unplanned incidents.
Social
SAFETY IS CORE AT ENSTOR
Leading Safety Indicators
Our safety culture encourages continuous improvement through the reporting of near misses and at-risk behaviors. We use these leading indicators to catalog lessons learned and for inclusion in our training plans. In 2023, Enstor documented 76 at-risk behaviors or near misses. The process of consistently reporting at-risk behaviors or near misses highlights our willingness to proactively identify potential risks and behaviors for immediate action and incorporation of mitigation measures.
Enstor plays a pivotal role in shaping and adhering to best practices in environmental, health, safety, and regulatory standards and actively engages with various industry-leading associations. Our participation in organizations such as the National Fire Protection Association (NFPA), American Society of Safety Professionals (ASSP), Southern Gas Association (SGA), New Mexico Oil & Gas Association (NMOGA), and Texas Gas Association (TGA) demonstrates our commitment to staying at the forefront of industry standards. Our stakeholder engagements and active memberships serve as invaluable platforms for knowledge exchange, while assisting Enstor with understanding the latest industry best practices and innovations.
Governance
GOVERNANCE FOR SUSTAINABLE DEVELOPMENT
Legal and Regulatory Compliance
Throughout 2023, Enstor made significant strides in enhancing our compliance governance systems and communication channels by fostering collaboration between our corporate team and facilities for streamlined data monitoring and measurement. Our risk management framework incorporates the identification and assessment of legal and regulatory compliance issues at both our site and enterprise levels. Any identified issues are documented and escalated to the Board, accompanied by appropriate mitigation strategies, as required.
Depleted Reservoir
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Salt Cavern
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