Ranks Number One in Gas Distribution Network, Maintenance and Operation
Centennial, Colorado (October 18, 2022) – Summit Utilities, Inc., (Summit) is honored to announce that it has received a score of 98 in its Environmental, Social, and Governance (ESG) evaluation by GRESB for 2021. In addition to this score, Summit is ranked number one of 13 in Network Utilities: Gas Distribution Companies and received a five-star rating for the second time. Summit ranked 17 out of the 649 participating companies worldwide.
Summit was also recognized as a sector leader in the Network Utilities: Gas Distribution Companies category. The GRESB Sector Leaders are the best performers by sector, region and nature of ownership from across the GRESB Assessments.
“We are honored to receive this prestigious designation,” said Lizzy Reinholt, Senior Vice President of Corporate Affairs, Sustainability, and Marketing for Summit. “The result of this ESG evaluation is true recognition for the accomplishments of our Summit team members. They are relentlessly committed to our aggressive targets to reduce our carbon footprint and they consistently deliver on all of Summit’s initiatives to innovate and build a sustainable future for both our customers and the environment.”
GRESB is a globally recognized, independent rating service. The score received assesses the long-term sustainability of infrastructure companies through a measurement of the company’s environmental, social and governance principles.
“GRESB Sector Leaders are the top-performing organizations leading the way to a net-zero future and pulling the industry forward. We applaud this year’s Sector Leaders for their commitment, leadership, and dedication to ESG and sustainability,” said Sebastien Roussotte, CEO of GRESB.
Summit Utilities, Inc. owns natural gas distribution and transmission subsidiaries that operate in Arkansas, Colorado, Maine, Missouri, Oklahoma, and Texas. The company provides safe, clean and affordable natural gas to businesses and residents in six states through Arkansas Oklahoma Gas, Colorado Natural Gas, Summit Natural Gas of Maine, Summit Natural Gas of Missouri, Summit Utilities Arkansas, and Summit Utilities Oklahoma. Each of Summit’s natural gas distribution and transmission subsidiaries constructs and installs natural gas distribution systems with the goal of supporting economic development by providing clean-burning, safe and reliable natural gas to residential and commercial customers through exceptional customer service and commitment to community. Overall, Summit entities serve approximately 625,000 customers and operate more than 23,400 miles of pipeline.