W&T Offshore Inc 2023 SR
The report highlights W&T Offshore's 40-year history of operations in the Gulf of Mexico, focusing on safety and environmental stewardship. In 2023, the company achieved a 26% reduction in total Scope 1 GHG emissions compared to 2019 and consolidated its gas processing facilities to improve efficiency. The Board established a new Environmental, Safety and Governance Committee to enhance oversight of ESG initiatives. The company also reported zero workplace fatalities and continued its significant decommissioning efforts, having spent over $100 million in the last two years. Furthermore, W&T engaged with its largest shareholders to implement governance and compensation changes, demonstrating a commitment to transparency and stakeholder alignment.
Company: W&T Offshore Inc
Sector: Energy
Country: United States
Year: 2023
Type: SR
Pages: 60
W&T Offshore Inc
Corporate ESG Report
The report highlights W&T Offshore's 40-year history of operations in the Gulf of Mexico, focusing on safety and environmental stewardship. In 2023, the company achieved a 26% reduction in total Scope 1 GHG emissions compared to 2019 and consolidated its gas processing facilities to improve efficiency. The Board established a new Environmental, Safety and Governance Committee to enhance oversight of ESG initiatives. The company also reported zero workplace fatalities and continued its significant decommissioning efforts, having spent over $100 million in the last two years. Furthermore, W&T engaged with its largest shareholders to implement governance and compensation changes, demonstrating a commitment to transparency and stakeholder alignment.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees