New Jersey Resources Celebrates Earth Day With Pledge to Support Coastal Resilience and Healthy Ecosystems Through Monmouth University’s Urban Coast Institute
Announces
“In recognition of
"The township has been focused on restoration work at Clam Cove since we acquired the parcel and are happy to have the support from Monmouth’s
The
“The lessons learned from this work will help form strategies for restoring sensitive tidal marsh areas throughout our coastal bays, which we’ve been losing at a rapid rate over the last 50 years,”
As a company headquartered at the Jersey Shore, NJR launched the Coastal Climate Initiative (CCI) in 2021 to advance environmental restoration, preservation and stewardship opportunities in our coastal communities and beyond. This includes providing
CCI works across the following pillars:
- Customer-based Donation Program – a dollar-for-dollar match by NJR for donations from NJNG customers to CCI. This funding program supports the coastal restoration and ecosystem enhancement efforts along New Jersey’s shoreline communities.
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Direct Project Investment - financial support for organizations, such asUCI , to advance coastal resiliency and ecosystem service projects. - Volunteerism – community service opportunities for NJR employees, retirees and their families to participate in environment improvement projects that align with CCI’s mission of improving coastal habitats, community resiliency and nature-based solutions that protect against effects of climate change.
Today’s announcement builds on NJR’s strong record as a leader on environmental and climate issues across its businesses, including its goal to voluntarily achieve net-zero greenhouse gas emissions from its
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Achieved the company’s
highest single-year energy-efficiency investment of
$60 million helping customers reduce their energy consumption and emissions. - Advanced cutting-edge, lower-carbon energy solutions, including carbon capture technology and high-efficiency gas heat pumps in NJR’s own facilities.
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Completed North America’s largest capped landfill solar array and largest floating solar array – both located in
New Jersey – solidifying NJR Clean Energy Ventures’ national leadership in innovative renewable energy. - Maintained New Jersey’s most environmentally sound distribution system, with the fewest leaks per mile of any natural gas utility in the state.
- Named one of America’s Most Responsible Companies by Newsweek for the fifth consecutive year – one of only 156 companies nationwide to be recognized every year since 2020.
About
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New Jersey Natural Gas , NJR’s principal subsidiary, operates and maintains natural gas transportation and distribution infrastructure to serve nearly 576,000 customers in New Jersey’sMonmouth ,Ocean and parts ofMorris ,Middlesex ,Sussex andBurlington counties. - Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of approximately 469 megawatts, providing residential and commercial customers with low-carbon solutions.
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Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across
North America . -
Storage and Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Energy Center and the Adelphia Gateway Pipeline, as well as our 50% equity ownership in theSteckman Ridge natural gas storage facility. -
Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout
New Jersey .
NJR and its over 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as SAVEGREEN™ and The Sunlight Advantage®.
For more information about NJR:
Visit www.njresources.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240422592677/en/
Media:
732-938-1031
mkinney@njresources.com
Investors:
732-938-1145
aprior@njresources.com
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