- Northern Oil and Gas, Inc. (NOG, Financial) releases its 2024 ESG Report, highlighting new policies and community-focused initiatives.
- The report includes updates on Scope 1, Scope 2, and Scope 3 emissions disclosures.
- NOG aligns its ESG strategy with the SASB Oil & Gas and Asset Management standards.
Northern Oil and Gas, Inc. (NOG) has published its Environmental, Social, and Governance (ESG) Report for the year ending December 31, 2024. The comprehensive document is accessible via the company's website, detailing its commitment to sustainability and corporate responsibility.
Key highlights from NOG's 2024 ESG Report include the creation of a formal ESG Policy and the introduction of an ESG Risk and Control Matrix. The company has also launched a GHG Inventory Management Plan to track and manage greenhouse gas emissions more effectively. Additionally, NOG has revamped its corporate philanthropy into a Community Investment program to better align with strategic objectives.
The report further outlines NOG's disclosures on Scope 1, Scope 2, and Scope 3 emissions, showcasing the company's ongoing efforts to minimize its environmental impact. NOG's ESG disclosure framework is based on the Sustainability Accounting Standards Board (SASB) standards for Oil & Gas – Exploration & Production, and Asset Management and Custody Activities, providing transparency in its non-operated minority working and mineral interests.
More information about Northern Oil and Gas, including the full 2024 ESG Report, can be found on their website at www.noginc.com.
