CNX Releases Updated 2024 Corporate Sustainability Report, Announces Shift to Industry-Leading ESG Reporting

PITTSBURGH, May 14, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) today announced the release of its updated Corporate Sustainability Report featuring data for 2024. Additionally, continuing the Company's unprecedented brand of transparency and in a move further differentiating CNX's environmental performance and disclosures, the Company also announced that it will no longer issue a static annual report. Instead, CNX will update its website continuously and its ESG Performance Scorecard data on a quarterly basis. Upcoming quarterly updates will provide stakeholders with fresh data in a more real-time manner on critical environmental, social, and governance (ESG) topics.

"While most companies issue sustainability reports just once a year and move on, having checked the annual box, CNX believes that this information should be provided on a more real-time and transparent basis in keeping with our Radical Transparency philosophy. We also believe that ESG metrics should be treated with the same rigor and frequency as financial data," CNX Chief Financial Officer Alan Shepard said. "By making these changes, CNX is empowering shareholders and the communities where it operates with the ability to better track progress and hold the company accountable in real time. Providing access to a dynamic ESG disclosure process underscores CNX's dedication to continuous improvement and Radical Transparency across our business."

CNX's reporting is prepared following the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) standards, and integrates ESG priorities into its unique Appalachia First strategic vision. Highlights for 2024 include:

Environmental Stewardship: CNX's efforts to protect and improve the environment are revolutionary and unmatched:

    --  Radical Transparency - Creating Mutual Trust through Facts and Data: As
        CNX's novel Radical Transparency program advances across operating
        areas, results from continuous monitoring by Clean Air Engineering
        demonstrate CNX site-level emissions are far below nationally-designated
        air quality standards. Importantly, no sustained levels of
        asthma-inducing PM(2.5) or cancer-causing BTEX have been observed during
        any phase of development. Within the first year of the Radical
        Transparency program, hundreds of thousands of datapoints were
        collected, simultaneously reported to the Pennsylvania Department of
        Environmental Protection (PADEP) and transparently posted on the CNX
        website. The number of sites equipped with monitoring equipment
        continues to grow, with active and archived sites contributing to the
        real-time feed of air data, in addition to water and chemical data.


    --  Bold Greenhouse Gas Reductions: Appalachian natural gas boasts the
        nation's lowest methane intensity of all producing regions, and CNX
        takes these qualities to the next level through its Emission Reduction
        Task Force that is continuously innovating to further reduce emissions.
        CNX reduced methane intensity by nearly 30 percent in its production
        segment compared to 2023. With a parallel mission to reduce methane in
        its midstream segment, CNX invested $5 million into new technologies,
        including switching to electric-driven pumps at the Mamont Compressor
        Station in Westmoreland County, PA.


    --  Pioneering Waste Methane Capture: CNX captured approximately 9.1 million
        metric tons of waste methane CO?e. Importantly, the U.S. Treasury
        recognized the value that captured waste coal mine methane presents as a
        feedstock for clean hydrogen production in their final tax credit rules
        (45V). CNX is encouraged by this milestone and remains committed to
        advocating for opportunities to fully realize the benefits this
        ultra-low-carbon-intensity fuel source can unlock in the Appalachian
        region and beyond.




    --  Innovation and Partnerships: Last year was another year of
        differentiation at CNX, advancing oilfield services solutions that
        provide cost, safety, and environmental efficiencies for the industry.
        CNX launched the AutoSep(SM) Technologies (AutoSep) joint venture with
        Deep Well Services (DWS), which introduced an automated flowback system
        for the completions process that leverages CNX's technical development
        capabilities with the service quality standard DWS provides.CNX also
        reached compressed natural gas (CNG) milestones during 2024, notably
        completing the first full year of deploying CNG-fueled water-hauling
        trucks in southwestern Pennsylvania with FORCE Environmental Solutions.
        By utilizing CNG, these trucks reduce emissions by 30 percent and
        related operating costs by 50 percent.
    --  Water Stewardship: CNX recycled and reused more produced water than it
        generated by consuming produced water from its peers, minimizing
        freshwater consumption. In 2024, CNX continued to upgrade and expand its
        water infrastructure--further reducing the need to transport water via
        truck in local communities and diversifying freshwater sources to lessen
        CNX's impact on local water resources.

Community and Workforce: Tangible and Local Investments - CNX has a unique commitment to local communities. CNX employees roll up their sleeves and tackle the toughest of issues:

    --  Community Engagement - Transparency, Dialogue, and Active Listening: At
        its core, Radical Transparency is about open-sourcing environmental
        data. But Radical Transparency also encompasses CNX's openness with
        stakeholders and local communities, always welcoming questions and
        seeking feedback. Through a combination of data-driven efforts and
        community open houses for local residents to directly interact with CNX
        employees, CNX is learning more about its communities' needs and
        adapting operations to best fit each operating area's unique
        characteristics.






    --  Community Investments: In 2024, work in Westmoreland County and the
        Alle-Kiski Valley came into focus as activity shifted to that area.
        Importantly, the $20 million Kiski Water Line project was completed in
        June and is better serving CNX's local operations while delivering water
        resource options for area residents. The water line significantly
        reduces water trucking and subsequently community impact. The 20" line
        is expected to serve as the primary alternative to water purchased from
        the Municipal Authority of Westmoreland County (MAWC) during voluntary
        or mandatory water conservation periods.Complementing this growing
        operational footprint, CNX opened an office in North Apollo, southern
        Armstrong County, providing access for residents, local businesses, and
        landowners to the CNX team. With the acquisition of Apex Energy's
        upstream and midstream assets, this office serves as a central location
        for new landowners, community members, and other stakeholders in what
        CNX refers to as its CPA operating footprint.Moving to CNX's southern
        operating area, a new regional headquarters was established in
        Richlands, Virginia. Serving as the epicenter of CNX mine methane
        capture operations, the expanded presence enhances CNX's unique
        opportunities to help meet rapidly expanding energy demand, advance
        energy security, and create significant new investment and jobs in local
        communities.
    --  Words in Action: Since 2022, CNX's Board has approved an aggregate
        amount of $5.5 million reduction in CEO pay, including a $1.5 million
        reduction approved in 2025 to support the expansion of the efforts of
        the CNX Foundation and its flagship initiative, the CNX Mentorship
        Academy.

    --  Mentorship Academy: Student participation in the CNX Mentorship
        Academy--now entering its fifth year--increased 44 percent, with 122
        students enrolled. The Mentorship Academy includes underserved students
        representing 28 schools/school districts. More than half of 2024
        Mentorship Academy graduates secured full-time employment in a target
        industry, or a coveted paid internship exclusive to Mentorship Academy
        graduates in healthcare, building trades, corporate support, or the
        Short Service Employee Internship in Energy.


    --  CNX Foundation: In 2024, CNX Foundation contributed $3.7 million through
        144 initiatives aligned with its Tangible, Impactful, Local focus on
        community support. These efforts are part of CNX's pledge to invest in
        local initiatives supporting underserved communities within its
        operational footprint. CNX Foundation principles are also embodied by
        employees, who volunteered over 3,500 hours in 2024.
    --  The Headquarters at CNX: In 2024, three new tenants joined the
        Headquarters at CNX, bringing capacity to 92 percent and providing
        workspace to 29 total tenants. The Headquarters at CNX provides
        world-class workspace at its corporate office to small businesses,
        including minority- and women-owned businesses, educational
        institutions, and non-profit organizations, emphasizing support for the
        same Tangible, Impactful, Local causes in which the CNX Foundation
        invests.

"CNX is defined by a commitment to transparency and a Tangible, Impactful, Local approach to our sustainable business model," CNX Senior Vice President of Compliance and Reporting Hayley Scott said. "By now providing real-time updates to our comprehensive website and quarterly ESG Performance Scorecard, we are delivering insights to our communities, employees, owners, and all stakeholders about the way that we responsibly operate our business and invest in our communities on a day-to-day basis."

CNX's ESG Performance Scorecard has limited assurance procedures performed by Keramida, Inc., a WBE-certified global sustainability and EHS services firm, for 2024 and 2023 Scope 1 and 2 GHG emissions, air emissions, water, and waste data, while CNX's Internal Audit team has reviewed additional ESG performance metrics, ensuring data integrity.

The next quarterly ESG Performance Scorecard update is anticipated for release in August, which will follow the company's release of its financial and operational results for the second quarter of 2025.

CNX remains committed to leading the industry with Tangible, Impactful, and Locally focused initiatives, and this new reporting cadence reinforces that commitment through unmatched transparency and accountability.

About CNX Resources Corporation

CNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 161-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2024, CNX had 8.54 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information is available at www.cnx.com.

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