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Chesapeake Utilities Corporation Publishes Third Sustainability Micro-Report Showcasing Commitment to People, Communities and Customers

1. Chesapeake Utilities released its sustainability micro-report emphasizing corporate responsibility. 2. The report highlights a 93% employee retention rate post-acquisition of Florida City Gas. 3. Company aims for top-quartile customer service performance by 2027. 4. Chesapeake contributed $1.25 million to charities and logged over 12,000 volunteer hours. 5. Investment in diverse vendors and several accolades showcase their community impact.

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Why Bullish?

Chesapeake’s strong sustainability commitment can enhance its market position, driving investor interest. Historical trends show companies with robust CSR programs often see stock appreciation.

How important is it?

The focus on sustainability and community contribution likely resonates well with socially conscious investors, thus impacting CPK's price positively over time.

Why Long Term?

Sustainability initiatives generally lead to prolonged growth; past examples include company stock increases after CSR enhancements. The goals set for 2027 indicate a prepared strategy for future performance.

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CMSDTEWEC
, /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced the release of its third sustainability micro-report, showcasing the Company's ongoing commitment to building a values-driven culture through strategic investments in its employees, communities and customers. The report, which details Chesapeake's approach to responsible corporate citizenship across its operations, is available at www.chpk.com/sustainability-reporting/. "Our commitment to sustainability is rooted in the values that define who we are. Every investment we make reflects our responsibility to the customers and communities we serve, and to the employees who drive our progress. Together, we're building a future that's not only more sustainable, but grounded in care, integrity and excellence," said Jeff Householder, chair of the board, president and CEO of Chesapeake Utilities Corporation. The report discusses Chesapeake Utilities' efforts to foster a safe, inclusive workplace that empowers employees to grow, lead and contribute meaningfully, while developing a skilled and dedicated workforce to propel the Company's continued growth. It also highlights Chesapeake's community contributions and investments, which nurture strong local partnerships and support programs aligned with the Company's philanthropic priorities to drive measurable impact. Additionally, the report details Chesapeake Utilities' customer-focused approach to service excellence. The Company has set a goal of achieving top-quartile customer service performance in the industry by 2027, guided by a strategy designed to enhance every customer interaction and support long-term, sustainable growth. Highlights from the report include: Maintaining a 93% employee retention rate at Florida City Gas as of the end of 2024, one year after the acquisition Achieving 93% participation in our pre-Florida City Gas acquisition employee engagement survey and 81% participation in a post-acquisition survey of Florida City Gas employees Recording a 9.1% voluntary turnover rate (excluding retirements) and a 4.8% involuntary turnover rate among regular full-time employees in 2024 More than doubling over the past two years the annual spend on vendors with diverse backgrounds Donating $1.25 million to charitable causes and community sponsorships, and contributing 12,060 volunteer hours in 2023 and 2024 Operating customer-focused programs in both northern and southern service territories for more than 40 years Investing in transformative technologies that enhance operations and service delivery Earning multiple accolades and highlighting the positive impact of our engaged workforce within the communities we serve About Chesapeake Utilities Corporation Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange (NYSE:CPK). Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. For more information, visit www.chpk.com. Media Alexander NyeDirector, Strategic Communications727.754.0136[email protected] SOURCE Chesapeake Utilities Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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