Sm energy publishes updated esg materials

Denver , aug. 31, 2022 /prnewswire/ -- sm energy company (the "company") (nyse: sm) today announced the publication of its updated environmental, social and governance ("esg") materials, all of which are available on the company's website at http://sm-energy.com/sustainability/. updated publications include: letter from our ceo to stakeholders quick reference esg metrics and performance highlights corporate responsibility report cdp climate change questionnaire 2022, which reports 2021 data task force on climate-related disclosures (tcfd) framework mapping to the cdp questionnaire sustainability accounting standards board report, which reports 2021 data 2021 esg performance and accomplishments included: methane intensity of 0.03 mt ch4/mboe, down 40% from 0.05 mt ch4/mboe in base year 2019, which meets the company's medium-term target; greenhouse gas (ghg) intensity for scope 1 emissions of 8.4 mt co2e/mboe, outperforming the company's internal compensation target of 9.5 mt co2e/mboe, and down 33% from base year 2019; ghg intensity for scope 1 + 2 emissions of 9.88 mt co2e/mboe, more than halfway to meeting the company's 2030 medium-term goal; flaring of natural gas reduced to 0.63% of total natural gas production, within the company's internal objective of less than 1%; total produced fluid spills of 0.009/1,000 bbls of produced fluid, down 40% from base year 2019; freshwater use reduced by 35% from base year 2019; and paid $169 million in local taxes.
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