2025 Sustainability Report
Social
People first. Safety always.
A responsive culture sustained by our values.
At BKV, safety extends beyond procedures. It's built through trust, accountability and listening to the people closest to the work. In 2025, we continued strengthening our culture by investing in employee engagement, maintaining strong safety performance and supporting our teams through a period of continued growth.
Measuring what matters.
Listening to our people.
Our 2025 Employee Engagement Survey score increased by 11 points compared to 2024, reflecting a significant improvement in the employee experience. As BKV continues to grow, we're committed to listening, learning and building a workplace where employees can thrive.
Making zero a big deal.
Safety remains one of our highest priorities. In 2025, we achieved a 0.38 workforce TRIR, a 0.21 employee TRIR and zero DART incidents across our workforce. Barnett Zero also recorded zero safety incidents, reflecting our commitment to protecting our people through strong planning, accountability and continuous improvement.
Impact by the numbers.
Stronger communities. Stronger BKV.
Communities grow stronger when people invest their time, resources and expertise. In 2025, BKV contributed $450,000 to nonprofits, schools and community initiatives, while employees volunteered more than 500 hours in support of local organizations. Together, we're building partnerships that strengthen the communities where we operate for years to come.
BKV 10: More than a milestone.
One of BKV's busiest and most transformative years happened to coincide with the company's tenth anniversary. As BKV entered its second decade, it was welcoming new employees, integrating acquisitions, expanding its business and building on the momentum following its 2024 initial public offering. Amid that evolution, leaders saw an opportunity to do more than celebrate an anniversary. They wanted to strengthen the culture that made the company's growth possible.
BKV 10 became a year-long celebration built around four employee-focused initiatives: Honor 10, Give 10, Serve 10 and Celebrate 10. Together, they connected employees to the company's history, empowered them to support causes they care about, encouraged volunteerism and celebrated the people behind BKV's success. The goal was to make the anniversary an experience employees could enjoy throughout the year, rather than a single celebration.
"Chris called it a full-court press celebration,” said Becky Escott, Vice President of Corporate Communications, referring to CEO Chris Kalnin. “We work hard. We move fast. We expect a lot of our people."
Honoring an eventful decade
Honor 10 showcased ten milestones that defined BKV's first decade, from its founding in 2015 through major acquisitions, the launch of Barnett Zero, expansion into power generation and carbon capture and ultimately its 2024 initial public offering.
Employees shared photographs, videos, stories and other artifacts that captured moments throughout the company’s history. For Escott, it wasn’t simply a nostalgic retrospective; it was about helping newer employees understand the journey that brought BKV to where it is today. “The population of people who have been around since day one is very small,” she said. “Honor 10 was a way of connecting the many employees who had joined at different stages of our journey.”
Making charity personal
Give 10 was also designed around employees, inviting them to nominate and vote for charitable organizations near and dear to them. Over ten months, ten nonprofits were chosen to each receive $10,000 for a total of $100,000 in donations. Recipients ranged from children's health and veteran support organizations to food security programs, animal welfare and child advocacy groups.
For Community Relations Manager Megan Stiller, it wasn't just about writing checks. One Pennsylvania nonprofit was facing the possibility of closing its doors when the $10,000 donation arrived.
"They were crying. Literally, tears over the phone," she said. "Really moving stories."
Employees were involved throughout the process, often participating in presentations and introducing their chosen organizations to colleagues at company town halls. Being part of everything gave them a greater sense of ownership in the company’s community impact.
Serve 10 built on that momentum by encouraging employees to contribute ten hours of volunteer service during the year, through company-sponsored events or on their own time. According to Stiller, the initiative had an effect that went well beyond the anniversary, driving up volunteer hours and making charitable efforts feel like second nature.
Celebrating the people behind the progress
With Celebrate 10, the company turned that positive energy inward, acknowledging the employees behind BKV’s growth. Family-friendly celebrations were held in NEPA, Denver and Texas, each tailored to the local office while reinforcing the shared BKV experience. Employees and their families gathered for food, games, storytelling and activities that highlighted the company’s journey.
Involving families was one of Kalnin's highest priorities. "Chris wanted to thank the people who have worked so hard for him," said Escott. "But he also wanted to thank the families and spouses for loaning them to us and letting them work so hard."
“From event programming to historical videos, we tried to make sure there was something for everyone,” said Shelby Burns, Internal Communications Lead. “I think people appreciated the details.”
To the next ten
Throughout the year, BKV 10 accomplished more than anyone originally imagined. It helped to strengthen connections, even as the company continued to grow, reorganize and welcome new employees.
As BKV looks toward its next decade, the anniversary served as a reminder that growth isn't measured only by new milestones. It's also reflected in the people, relationships and culture that make those milestones possible.
"It became such a culture builder," said Escott. "Through all this change, the company still values the contributions that got us here. We're not moving so fast that we've forgotten where we came from."
