Combustion of fossil fuels, such as the coal we produce, results in the emission of
carbon dioxide into the atmosphere by coal end-users, such as coal-fired electric
power generation plants. While climate change legislation in the U.S. is unlikely in
the next several years, numerous proposals have been made and are likely to
continue to be made at the international, national, regional and state levels of
government that are intended to limit emissions of GHGs . . . Any significant
legislative changes at the international, national, state or local levels could
significantly affect our ability to produce and sell our coal and develop our reserves,
could increase the cost of the production and sale of coal and could materially reduce
the value of our coal and coal reserves.”97
“We may be subject to litigation seeking to hold energy companies accountable for
the effects of climate change.
Increasing attention to climate change risk has also resulted in a recent trend of
governmental investigations and private litigation by local and state governmental
agencies as well as private plaintiffs in an effort to hold energy companies
accountable for the effects of climate change. Other public nuisance lawsuits have
been brought in the past against power, coal, oil and gas companies alleging that
their operations are contributing to climate change. The plaintiffs in these suits
sought various remedies, including punitive and compensatory damages and
injunctive relief.”98
“CONSOL has made it a top environmental priority to achieve the most accurate and
complete representation of our Greenhouse Gas (GHG) emissions, as understanding
our footprint is a first step in identifying opportunities for improvement. Under the
USEPA’s mandatory greenhouse gas reporting rule (MRR), we are required to
disclose the direct scope 1 emissions from our operations on an annual basis. We’ve
expanded our annual inventory to include an assessment of our indirect scope 2 and
scope 3 emissions as well.”99
“We are dedicated to increasing efficiency while reducing our footprint. Through
innovation, improved technology, and an unrelenting focus on responsible
production, we will continue to provide an affordable energy source not only to the
United States but throughout the world.”100
Statements on Human Rights
“The CONSOL Human Rights Policy (this ‘Policy’) articulates our responsibility to
respect all human rights in line with the UN Guiding Principles on Business and
CONSOL Energy, Inc. (08 February 2019), Annual Report 2018, p. 33, available at
http://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=12685316&type=PDF&symbol=CEIX
&companyName=CONSOL+Energy+Inc.&formType=10-K&dateFiled=2019-02-08 (last accessed on 12
September 2019).
98 Id., p. 34.
99 CONSOL Energy Inc. (2018), Fuel the World for a Better Tomorrow: 2018 Corporate Sustainability Report, p.
15, available at http://www.consolenergy.com/consolcoal/media/CNXCML/2018crr.pdf (last accessed on 12
September 2019).
100 Id., p. 19.
97
Annex D: Corporate Statements on Climate Change and Human Rights | 24
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