GRI: 102-40, 102-42, 102-43, 103-1, 103-2, 413-1

We focus our sustainability priorities and disclosures on the issues and opportunities that are most important to our stakeholders. To identify these priorities, we engage internal and external stakeholders and weigh their views with respect to both SWN-specific activities and energy development practices in general.

Detailed throughout this report are our approaches to managing ESG-related issues. The following represents the key stakeholders and their initiatives that influenced the development of our material ESG priorities and continue to play an influential role in driving SWN’s long-term value and success:

Investors

  • Annual report, quarterly reports and earnings calls
  • In-person meetings with institutional investors, including analyst conferences
  • Meetings with investors who are specifically interested in environmental, social or governance issues
  • Additional regular investor contact through our Investor Relations function, including active engagement and soliciting feedback
  • Continuous monitoring of relevant and emerging ESG issues important to investors

Employees

  • SWNet (intranet)
  • Town hall meetings
  • Support and networking groups, including diversity groups
  • Safety training
  • Performance management
  • “Career Matters” conversations
  • Wellness programs
  • Leadership and professional development programs
  • Ethics hotline
  • Day-to-day interactions
  • Employee engagement surveys

See the Workforce section for more information.

Contractors

  • ONE Team events and communications
  • Safety Stand Down days and safety training
  • Monthly safety meetings at SWN sites
  • Special project meetings at SWN sites to address specific health, safety and environment issues and corrective actions
  • Operational reviews by division management
  • Vendor forums and audits
  • SWNlink communications, including operational announcements and quarterly newsletters
  • ISNetworld, a third-party service for hiring, communicating with and managing contractors

See the Contractor Assessment and Selection page for more information.

Customers

  • Regular contact through our Marketing group

Landowners and Holders of Mineral Rights

  • Access via SWN.com website
  • Direct conversations and negotiations – individually and in small groups
  • Monthly payment statements to royalty owners
  • Semiannual newsletters
  • Landowner hotline

Local Communities (including residents, elected officials, community and civic groups, economic development and conversation organizations, emergency responders)

  • Regular contact via SWN community liaisons
  • “Everyday Heroes” events for first responders (annually in our operating areas)
  • Employee volunteerism
  • Feedback hotlines

See the Social section for more information.

State- and Federal-Level Government Officials

  • Participation in select SWN health, safety and environment meetings
  • Legislative and regulatory engagement

See the Governance section for more information.

Environmental Organizations and Universities

  • Participation in and funding of specific partnership projects
  • Joint research projects
  • Resources for technical assistance
  • Direct communication with relevant SWN employees

See the Environment section for more information.

TCFD: TCFD-S1, TCFD-R1 / GRI: 102-43, 102-44, 102-46, 102-47, 103-1, 201-2, 103-2

Key Issues

Based on these engagement efforts, we identified the following as our most important CR issues:

  • Economic Performance
    • Company financial health
    • Shareholder return
    • Commodity price volatility
  • Governance
    • Setting appropriate metrics and incentives
    • Risk management
    • Health and Safety
    • Safe working conditions and training
  • Environment
    • Environmental management, policies, targets and metrics
    • Environmental monitoring
    • Regulation/compliance
    • Wellbore integrity
    • Water quality, sourcing and wastewater management
    • Spill prevention and management; asset integrity
    • GHG emissions, methane emissions
    • Impacts of transporting materials
  • Communities
    • Economic impact in local communities
    • Proactive community engagement
    • Impacts on community infrastructure and quality of life
    • Community health and safety
  • Workforce
    • Managing contractors
    • Talent attraction, retention, development and career transitions

Following the close of our acquisition of Indigo Natural Resources in September 2021, we engaged a third party to begin a strategic materiality assessment. This assessment will provide updated information regarding the material topics to our newly expanded stakeholder group, which will further inform our ESG approach and corporate strategy. Once complete, this materiality assessment will be available at www.swn.com/responsibility.