Recently, Expand Energy published its inaugural sustainability and climate reports to highlight our sustainability commitments and performance in our first year. These reports emphasize transparent disclosures around sustainability topics most impactful to our industry, encouraging accountability among our stakeholders.
We share our CEO message below, which puts our sustainability commitments into context within the larger energy landscape. The letter also addresses our sustainability strategy and credits the Expand Energy team for their diligence and hard work in integrating two premier producers. Read the 2024 Sustainability Report and the 2024 Climate Report.
A Letter to Our Stakeholders
The world is short energy, which means for many, the world is also short opportunity. More than a billion people either lack access to electricity or struggle with energy insecurity due to high costs. These numbers are exacerbated by increasing population growth and rapidly evolving technological needs. Without a secure energy supply, we face a global crisis at a pivotal moment for human prosperity.
Affordable, reliable and lower carbon energy drives progress, economic growth and socio-economic equality. Energy security improves quality of life and spurs innovation, encouraging societies to reach their full capabilities.
Integrity in Every Action
At Expand Energy, we believe that natural gas is the best positioned solution to deliver critical energy to global markets. We are America’s largest natural gas company and a leading producer globally, primed to expand energy access and accelerate opportunity. This is an ambitious purpose — one that motivates us every day at every level of our organization.
As we built our sustainability program, we established five key fundamentals to shape our decision-making, steer our success and improve how we create value for all stakeholders. These fundamentals are cross functional — helping us mitigate and manage risk, strengthening the communities where we operate and encouraging the retention and recruitment of top talent, among many benefits. Delivering on these fundamentals advances our sustainable future as a company.
Our Sustainability Fundamentals
- Ensure a safe and inclusive workplace, promoting collaboration and innovation
- Take meaningful action to support community well-being
- Implement environmentally sound operations that mitigate impact and protect ecosystems
- Minimize emissions in support of delivering lower carbon energy to sustain economic progress
- Provide transparent and measurable information encouraging accountability
Excellence in the Ordinary
Expand Energy has exceptional operational standards, unwavering from our start. After merging two premier companies (Chesapeake Energy Corporation and Southwestern Energy Company) in 2024, our employees moved quickly to help ensure a seamless transition for our business partners, landowners and other stakeholders. As our community footprint grew as a merged company, we reaffirmed our commitment to strengthening and supporting our communities and the neighbors who allow us to operate on their land.
When we ask our team to show up and do hard things, they deliver to the highest standard because that’s what it takes to maximize operational efficiency, environmental protection and workplace health and safety.
Committed to Continuous Improvement
We are seeing growing recognition of our team’s diligent execution of our business strategy. Shortly after our merger’s closure, the company achieved uniform Investment Grade rating by all three agencies (Fitch Ratings, Moody’s Ratings and S&P Global Ratings). In March 2025, S&P Dow Jones Indices also affirmed our performance, adding EXE to the S&P 500.
Recognition matters, related to our performance and best-in-class portfolio, but it is our people who are our greatest asset. Safety is our priority and we challenge everyone on our worksites to ‘Own Safety, Lead Safety.’ This tagline reminds us that we all play a role in safe operations and we must speak up if something is unsafe. I’m proud of the safety-first culture that we’ve built as we continue to embrace opportunities to improve our operations and protocols to help ensure that our workforce returns home safely each day.
Being a steward of the resources in our care is a responsibility we take seriously. In fact, it’s fundamental to our long-term business. Through the integration, we continued our commitment to net zero Scope 1 and 2 GHG emissions by 2035. Our ability to continue to reduce the emissions associated with our production further showcases natural gas as a key resource in a lower carbon future.
Challenging the Status Quo
While no company can be a single-shot solution to the global energy security crisis, we believe Expand Energy will be a significant force for good. Our confidence comes from the strength of our team — we have the right people in place who are emboldened by our mission. By leveraging the expertise of our team, alongside our connected portfolio and resilient financial foundation, we will deliver sustained success.
Our mission is big, our team is motivated and our portfolio is primed to seize opportunity. We invite your partnership as we grow upon the success of our first year.
Domenic J. “Nick” Dell’Osso, Jr.
President, Chief Executive Officer and Director