Southwestern Energy (SWN)
Challenge: SWN, a U.S. natural gas company specializing in hydraulic fracturing, was a first-time reporter in an industry that faces significant public scrutiny.
BuzzWord Solution: BuzzWord provided end-to-end assistance, from reporting strategy, benchmarking and materiality analysis to content development for a full report, appendix and executive summary. The resulting GRI G4 Core report moved the company from 27th to 6th in an influential ranking, conducted by the Investor Environmental Health Network (IEHN), of the top 30 oil and gas companies’ reporting and transparency efforts. BuzzWord has continued to work with SWN, transitioning the reporting to an engaging Web-based format and leveraging a variety of reporting frameworks, including GRI, the Sustainability Accounting Standards Board (SASB) and industry-specific standards.
Global Reporting Initiative Status:
- G4 Core; use of non-GRI indicators (from SASB, IEHN and IPIECA, an industry association for environmental and social issues) where relevant
- Reporting strategy
- Materiality analysis
- Content development
- GRI analysis
BuzzWord was invaluable in helping us develop our first corporate responsibility report, and they continue to be an important part of our reporting journey. BuzzWord provided assistance with reporting strategy, materiality analysis, writing and editing of our first report, which, as a result, had a strong material issue focus and achieved a GRI G4 Core level. We continue to rely on the skills and deep experience of the BuzzWord team as we advance the scope and transparency of our corporate responsibility reporting.
Senior Vice President - Resource Development, Southwestern Energy