BISMARCK, N.D., June 28,
2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:
MDU) published its 2023 Sustainability Report today on its website
at www.mdu.com/sustainability.
MDU Resources marked 100 years in business on March 14, 2024. While the report outlines the
company's practices and results for 2023, achieving 100 years in
business underscores MDU Resources' long-term commitment to doing
what's right for its stakeholders by balancing economic,
environmental and social considerations to ensure reliable,
cost-effective products and services for its customers.
In 2023, MDU Resources achieved an 11% reduction in methane
emissions from its natural gas utility segment as compared to 2022
and achieved a 38% reduction in its electric generation greenhouse
gas emissions intensity since 2005. These and other results of the
company's regulated energy delivery and construction services
businesses are outlined in the report.
"Achieving 100 years in business is a result of our long-term
commitment to doing the right thing for our customers, communities,
employees and shareholders," said Nicole A.
Kivisto, president and CEO of MDU Resources. "We remain on
track for a late 2024 spinoff of our construction services
business, Everus Construction Group. As we look to the future, we
will be focusing on our regulated energy delivery business, which
is where MDU Resources got its start 100 years ago. We remain
committed to operating with integrity as we execute our core
strategy."
Forward-Looking Statements
Information in this
release includes certain forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934. The
forward-looking statements in this release, including statements by
the president and CEO of MDU Resources and comments about the
planned spinoff of the construction services business, are
expressed in good faith and are believed by the company to have a
reasonable basis. Nonetheless, actual results may differ materially
from the projected results expressed in the forward-looking
statements. For a discussion of important factors that could cause
actual results to differ materially, refer to Item 1A — Risk
Factors in MDU Resources' most recent Form 10-K and Form 10-Q and
subsequent filings with the SEC.
About MDU Resources
MDU Resources Group, Inc., a
member of the S&P MidCap 400 index, provides essential products
and services through its regulated energy delivery and construction
services businesses. Founded in 1924, the company is celebrating
its 100th anniversary; learn more at www.mdu.com/100th-anniversary.
For more information about MDU Resources, visit www.mdu.com or
contact the Investor Relations Department at
investor@mduresources.com.
Investor Contact: Brent
Miller, assistant treasurer, 701-530-1730
Media Contact: Laura Lueder,
manager of communications and public relations, 701-530-1095
View original content to download
multimedia:https://www.prnewswire.com/news-releases/mdu-resources-publishes-2023-sustainability-report-302186159.html
SOURCE MDU Resources Group, Inc.