U.S. Energy Development Corp. earned an ISO 14001:2015 certification for its environmental management system, which was deployed as part of the company’s commitment to advancing its ESG efforts.
“I am very proud of the efforts made by our team to achieve its ISO 14001:2015 certification,” commented Jordan Jayson, CEO and chairman of the board for U.S. Energy, in a release by the company on Aug. 26.
ISO 14001:2015 is intended for an organization to manage its environmental responsibilities in a systematic manner that contributes to environmental sustainability. Consistent with the organization’s environmental policy, the intended outcomes of an environmental management system include enhancement of environmental performance, fulfillment of compliance obligations and achievement of environmental objectives.
Based in Arlington, Texas, U.S. Energy is an E&P firm providing direct investments in energy. The company has invested in, operated and/or drilled more than 2,400 wells in 13 states and Canada and deployed more than $1.5 billion on behalf of its partners, according to its release.
By issuing this certification of achievement, U.S. Energy confirms, via a third-party audit, that they are in accordance with the requirements of ISO 14001:2015. The company will maintain its designation until 2024 with annual surveillance audits.
“We have been very focused on implementing our ESG initiatives to do our part to protect the environment,” Jayson added in the release. “Earning this certification is a testament to our hard work and efforts.”
Examples of U.S. Energy’s 2021 objectives include a reduction of flaring by 90%, deployment of ESG scorecards for all projects, and improving community involvement via company-sponsored PTO for volunteering and educational incentives.
In association with ISO 14001, the U.S. Energy team, when determining annual objectives and targets, has also chosen to follow ISO 26000:2010 guidelines. ISO 26000 is an international standard providing guidelines for Corporate Social Responsibility (CSR) in alignment with the United Nations Sustainable Development Goals.
Recommended Reading
Exclusive: Why Family Offices Favor ‘Lower-Risk’ Oil, Gas Investments
2024-11-22 - Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview.
RWE Acquires Majority Interest in R3 Renewables
2024-11-21 - RWE said it will acquire seven potential renewable projects in Indiana and Illinois.
Exxon to Invest Over $200MM Toward Advanced Recycling Units in Texas
2024-11-21 - Exxon Mobil Corp.’s new operations, in Baytown and Beaumont, will bring the company’s capacity to 500 million pounds per year.
Electrification of Permian Faces a Problem: Not Enough Shock for the System
2024-11-21 - Permian Basin producers may have to wait years for Texas utilities to grow the grid.
SolarBank Plans for 4.6-MW Solar Project in New York
2024-11-21 - SolarBank Corp. is developing Stone Church, a 4.6-megawatt direct current ground-mount solar project in New York.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.