Energia
Pembina Pipeline Corporation Announces GHG Reduction Target and Releases Annual Sustainability Data Update
To meet the 2030 GHG emissions intensity target, Pembina will focus initially on operational opportunities, greater use of renewable and lower emission energy sources, and investments in a lower carbon economy.
Pembina is pursuing initiatives that will lower both emissions and operating costs. Through a lens of continuous improvement, the Company is taking further steps to reduce its environmental footprint while utilizing its assets more efficiently. Operational contributions to the achievement of Pembina's target will include:
Pembina has a long history of evolving its business to meet our stakeholders' needs. The energy evolution to a lower carbon economy will create new opportunities for Pembina and its stakeholders. Pembina has recently announced new initiatives, and is actively exploring others, that represent fundamentally strong business opportunities and at the same time will contribute to the achievement of its GHG emissions reduction target including:
Pembina publishes a full-length sustainability report on a biennial basis and in interim years provides an update of its environmental, social and governance ("ESG") performance metrics on its website. The Company's 2020 Sustainability Report, which was released in December 2020 , included ESG performance data for the years 2017-2019. Today, Pembina released ESG performance data for 2020, highlights from which include:
For additional information on Pembina's ESG performance, please refer to the sustainability performance tables available on Pembina's website at www.pembina.com/sustainability/.
Over the past few years, in addition to significantly enhancing its disclosure, Pembina has actively advanced its overall ESG strategy by integrating sustainability within its long-term business planning and further embedding sustainability into its organizational structure and corporate policies and practices. Recent highlights from Pembina's ESG journey include:
Looking forward, a dedicated ESG team has been formed and will play an important role in further advancing Pembina's ESG journey. In 2022, Pembina will continue to make progress towards aligning its disclosure with the Task Force on Climate-related Financial Disclosure (TCFD) reporting framework while continuing to explore additional opportunities to quantify and analyze climate-related risks and opportunities, and industry best practices.
For more information on Pembina's ESG strategy and performance, please visit Pembina's Website.
Pembina is a leading transportation and midstream service provider that has been serving North America's energy industry for more than 65 years. Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada. The Company also owns gas gathering and processing facilities; an oil and natural gas liquids infrastructure and logistics business; and is growing an export terminals business. Pembina's integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina's service offering even further along the hydrocarbon value chain. These new developments will contribute to ensuring that hydrocarbons produced in the Western Canadian Sedimentary Basin and the other basins where Pembina operates can reach the highest value markets throughout the world.
Purpose of Pembina:
To be the leader in delivering integrated infrastructure solutions connecting global markets:
Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.
Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com.
Investor Relations: Scott Arnold , (403) 231-3156, 1-855-880-7404, e-mail: investor-relations@pembina.com, www.pembina.com