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SJI Reports Second Quarter 2021 Results Reaffirms Guidance
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SJI Congratulates Atlantic Shores Offshore Wind for Winning New Jersey Wind Farm Application that Advances Green Hydrogen Partnership
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Captona Announces Third Fuel Cell Acquisition with South Jersey Industries in its Catamaran Renewables JV
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SJI Joint Venture, Catamaran Renewables, Announces Fuel Cell Project in Bronx, NY
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FOLSOM, NJ, April 19, 2021
– SJI (NYSE: SJI) announces a comprehensive clean energy plan, including a timeline to achieve carbon-neutral operations, as part of a commitment to sustainability.
In 2020, SJI formed a Clean Energy and Sustainability team with the ambitious goal of achieving operational carbon neutrality by the year 2040. Through a new series of sustainability initiatives, SJI plans to reach that goal by eliminating its own carbon footprint and significantly reducing its 700,000+ utility customers fossil fuel consumption.
SJI has set forth benchmarks to achieve a 70% carbon reduction of operational emissions and consumption by the year 2030 and 100% reduction by 2040. Moving forward, SJI is committing at least 25% of annual capital expenditures on sustainability projects.