Headwater Exploration Inc.
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Emissions Intensity
- Fresh Water Usage Intensity
- Safety
- Indigenous Engagement
Environmental Achievements
- 45% reduction in emissions intensity by eliminating vent volumes
- 42% further reduction in emissions from installation of gas plant and oil processing facility
- Fresh water use is less than 0.020 m3/m drilled
- Waterflooding to be completed with 100% saline water
Social Achievements
- Active partner with Treaty 8 Nations supporting indigenous businesses and community initiatives
- Industry leading Total Recordable Incident Frequency and Lost Time Injury Frequency
Governance Achievements
- Management compensation aligned with shareholder return and ESG performance
- Insiders own 9% of basic shares and 15% of fully diluted shares
- Short Term Incentive Plan: Shareholder return 50%, Financial and operational performance 30%, ESG 20%
- Long Term Incentive Plan: 100% allocated to stock options
Climate Goals & Targets
Short-term Goals:
- Top decile performer in peer group emissions intensity by Q1 2022
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- ESG focus
- Active partner with Treaty 8 Nations supporting indigenous businesses and community initiatives
Environmental Achievements
- Released inaugural ESG report Nov 2022
- Minimal uninflated undiscounted corporate ARO of $37.6 million
Social Achievements
- Active partner with Treaty 8 Nations supporting indigenous businesses and community initiatives
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Active partner with Treaty 8 Nations supporting indigenous businesses and community initiatives
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed