Ensign Energy Services Inc.

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

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

Health, Safety, and Environment

Environmental Achievements

Achieved a global Total Recordable Injury Rate (TRIR) of 0.92 in 2021 (second lowest in company history).
Drilling rig #551 upgraded to hybrid rig technology in 2021, resulting in CO2 emissions reductions (estimated at between 15-25%), NOx reductions (estimated at 80%) and significant reductions in particulate matter emissions (estimated at 90%).
Approximately 50% of the active fleet was drilling for natural gas in 2021.
Corporation’s environmental incident rate (spills and damage) remained below 1% of potential exposure hours.

Social Achievements

Not disclosed

Governance Achievements

Not disclosed

Climate Goals & Targets

Long-term Goals:

Not disclosed

Medium-term Goals:

Not disclosed

Short-term Goals:

Not disclosed

Environmental Challenges

Highly competitive industry with price competition and potential oversupply of equipment.
Dependence on crude oil and natural gas prices and exploration/development activities of oil and gas companies.
Risks associated with long-term contracts, including potential non-payment by customers.
Exposure to credit risk on accounts receivable balances.
Seasonal variations in activity levels, particularly in Canada.
Risks inherent in foreign operations, including political and economic uncertainty.
Environmental legislation and regulations, including potential for increased costs and restrictions.
Cybersecurity risks and potential breaches of confidential information.
Risks associated with turnkey drilling contracts.
Inflationary pressures and global supply chain delays.

Mitigation Strategies

Strategic acquisitions, building new equipment, updating existing equipment through innovation, controlling costs, and remaining flexible in meeting customer demands.
Managing capital expenditures consistent with industry cycles and fluctuations in demand.
Dedicated credit resources, ongoing monitoring, and follow-up of balances owing.
Employee recruitment and training programs, and creating a safe work environment.
Comprehensive insurance and risk management program.
Policies and procedures to promote safety and compliance with requirements.
Risk management controls and protections for information technology systems.

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

Hybrid drilling rig technology

Awards & Recognition

Not disclosed

Reporting Period: 2023