Executive Insight: What is ESG?

By In ESG, Executive Insights

BY JENNIFER HOFFMAN
VICE PRESIDENT OF EHS & REGULATORY

Prior to joining Olympus, Ms. Hoffman spent five years at Chesapeake 
Energy in the Regulatory Department, including time spent as
Regulatory
Director of the Northern Division, where her team was
responsible for permitting and regulatory affairs activities in the
Marcellus and Utica plays.
Before Chesapeake, Ms. Hoffman spent 14
years at Susquehanna River Basin Commission in various roles,
including Monitoring & Assessment Chief.
Ms. Hoffman holds a B.S. and an M.S. in Biology from Shippensburg University.
At Olympus Energy, our team shares a concerted focus on Environmental, Social, Governance (ESG) programs and the impact our decisions can have on our communities, investors, and landowner partners. Our passion to continuously improve permeates through all our activities, from planning to operations to safety and environmental – and every action in between.
 
To achieve a best-in-class program that addresses the needs and concerns of our stakeholders, Olympus has committed to building upon four key ESG-focused pillars. These pillars are the lens through which we view each project and relationship, and they will be the foundation of our continued growth.
 
Minimizing Surface Impacts:
This feature of our program considers our commitment to achieve zero environmental impacts due to spills, but it also includes Olympus’ efforts to actively search for ways to reduce disruptions to the natural landscape of our communities as part of its overall planning process. With this commitment, our team strives to reduce the amount of land needed for development projects and reduce truck traffic in the community whenever feasible.
 
Driving Operational Excellence:
Each Olympus employee has an innate drive towards excellence. We strive to be the best operator in all aspects of our business, from drilling record-breaking wells to building safe and efficient pipelines, and always maintaining safe, clean and compliant projects. Striving for excellence does not simply mean that we expect the best of our employees and contractors, it requires everyone associated with the company to continuously improve our processes, our programs, and our way of thinking.
 
Strong Partnerships:
Our ability to build relationships is one of the most important things we do as human beings. Strong personal connections naturally lead to collaboration, partnerships, growth, enterprise, and sustainability. As such, we treat each interaction as a time to listen and learn, which drives our ability to affect positive change. Olympus is proud of the relationships and trust that we have and continue to foster with our neighbors, local officials, regulators, and community organizations. Our team acts with integrity in all our business dealings, addresses difficult conversations directly, and takes quick action to resolve problems or concerns.
 
Diversity, Equity, & Inclusion:
As a company, Olympus has created a collaborative and communicative team culture, centered around our fourth pillar of diversity, equity, and inclusion. Olympus employees and contractors are expected and empowered to speak out and contribute during team meetings and one-on-one communication. As such, we value every team member and their perspective in making decisions on behalf of Olympus Energy. Olympus also seeks to partner with diverse vendors, increase diversity in its workforce, and support organizations with a mission of diversity and supporting underprivileged populations.
 
To me, personally, ESG is about how we as Olympians can make things better – for the environment, for our communities, and for our employees and their families – and using the resources of our company to do just that.
 
I invite you to explore the pages that have been dedicated to highlighting some of our recent and ongoing projects and ESG-related initiatives. We have a goal to achieve a sustainable business model for natural gas development in Appalachia, and these are just some of the stories that have arisen on our path to success. I encourage you to provide us with your feedback at questions@olympusenergy.com. We look forward to engaging with you – our stakeholders.