Climate Change Data

Select Water Solutions, Inc.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:237,140 tCO2e (Scope 1 and 2 combined)
Scope 1 Emissions:233,546 tCO2e
Scope 2 Emissions:35,566 tCO2e
Renewable Energy Share:2%
Total Energy Consumption:3,376,770 GJ
Waste Generated:304 million pounds

ESG Focus Areas

  • Environmental Consciousness
  • Health and Safety
  • Human Capital Management
  • Community Outreach

Environmental Achievements

  • Expanded daily recycling capabilities by over 400% to more than 3 million barrels per day.
  • Recycled 192 million barrels of produced water for reuse (approximately 8 billion gallons).

Social Achievements

  • Reduced employee turnover for the third year in a row, with an annual turnover rate of approximately 12% for employees with a tenure of one year or more.
  • Distributed 1,104 Safety Recognition Program (SRP) medallions to 643 employees.

Governance Achievements

  • Rechartered the Nominating & Governance committee to the Nominating, Governance & Sustainability committee.
  • Increased ethnic and gender representation on the Board of Directors.

Climate Goals & Targets

Environmental Challenges

  • Climate change related physical risks (hurricanes, flooding, winter storms, seismic events, tornadoes), chronic risks (supply chain disruption, scarcity of raw materials, impacts to the water cycle).
  • Transition risks associated with climate change (policy, legal, market, technology, financial, and reputational risks).
Mitigation Strategies
  • Regular employee trainings, robust policies and procedures, regular interaction with regulatory agencies, and extensive insurance programs.
  • Decreasing emissions from legacy operations, increasing investments in pipeline infrastructure, water recycling facilities and automation technologies, diversifying revenue streams, investing in R&D, and engaging with stakeholders.

Supply Chain Management

Responsible Procurement
  • ESG and sustainability programs evaluation
  • Prioritizing US-based suppliers
  • Reducing reliance on China-based suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Hurricanes
  • Flooding
  • Winter storms
  • Seismic events
  • Tornadoes
  • Supply chain disruption
  • Scarcity of raw materials
  • Impacts to the water cycle
Transition Risks
  • Policy changes
  • Consumer preferences
  • Automation
Opportunities
  • Water infrastructure development
  • Produced water recycling
  • Pipeline infrastructure investments

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN SDGs

Third-party Assurance: Grant Thornton LLP (limited assurance on targets related to TRIR and recycled produced water)

Sustainable Products & Innovation

  • WaterONE® automation
  • AquaView® software platform
  • Emission Rx emission mitigation technology
  • Ventless flowback operations
  • Electric pumps

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:283,776 tCO2e/year (Scope 1 and 2 combined)
Scope 1 Emissions:244,069 tCO2e/year
Scope 2 Emissions:39,707 tCO2e/year
Renewable Energy Share:2.1% of total energy use
Total Energy Consumption:3,845,622 GJ/year
Waste Generated:5,562 metric tons/year
Carbon Intensity:154 tCO2e/Revenue $M (Scope 1), 25 tCO2e/Revenue $M (Scope 2)

ESG Focus Areas

  • Climate Change
  • Water Management
  • Chemicals Management
  • Waste Management
  • Health & Safety
  • Human Capital Management
  • Diversity & Inclusion
  • Supply Chain
  • Stakeholder Engagement
  • Community Involvement
  • Governance
  • Business Ethics
  • Risk Management
  • Cybersecurity

Environmental Achievements

  • Recycled 157.2 million barrels (6.60 billion gallons) of produced water at fixed facilities (319% outperformance of target)
  • Reduced chemical spills by 73%
  • Reduced auto incidents per 100 vehicles by 77%
  • Significantly reduced trucking requirements through pipeline expansion and optimization
  • Implemented ventless flowback operations to capture and responsibly manage produced gas
  • Expanded commercial recycling facilities with an operational capacity of more than 700,000 barrels per day

Social Achievements

  • Achieved 14% employee turnover rate
  • Implemented Employee Relations training for over 200 people leaders
  • Launched the Drop of Excellence Award to recognize employee contributions
  • Distributed 2,027 safety recognition medallions to 799 employees
  • Granted 20 wishes through the Grant-A-Wish Program

Governance Achievements

  • Maintained a Board of Directors with 86% independence
  • Implemented robust cybersecurity governance structure and policies
  • Established a comprehensive incident management framework

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Mitigate risks through strategic partnerships, sustainable materials, and enhanced water recycling
  • Meet market demands for eco-friendly products
Short-term Goals:
  • Enhance preparedness for acute climate events
  • Invest in more resilient infrastructure and technology

Environmental Challenges

  • Climate-related risks (hurricanes, flooding, winter storms, lightning, supply chain disruptions, scarcity of raw materials, changes to the water cycle)
  • Water scarcity
  • Seismic activity related to underground injection practices
  • Evolving regulatory landscape
  • Raw material availability for chemicals
  • Environmental impact of spills
  • Facility emergencies
  • Cybersecurity threats
Mitigation Strategies
  • Improved forecasting, emergency response strategies, and protective measures for equipment and infrastructure
  • Investment in more resilient infrastructure and technology
  • Diversification of supplier base, enhanced inventory management, and robust logistics solutions
  • Strategic partnerships, investment in sustainable materials and technologies, and enhanced water recycling capabilities
  • Diversified supplier network, predominantly sourcing raw materials domestically
  • Adherence to Hazardous Waste Contingency Plans and Storm Water Pollution Prevention Plans
  • Investment in green chemistry principles
  • Robust cybersecurity governance structure, policies, and procedures
  • Incident management framework with employee training and reporting

Supply Chain Management

Supplier Audits: Thorough assessments of all key vendors, incorporating evaluations of their sustainability practices and policies

Responsible Procurement
  • Prioritizing U.S.-based suppliers
  • Integrating sustainability-focused questions in vendor inquiries
  • Adherence to environmental laws and regulations
  • Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Hurricanes
  • Flooding
  • Winter storms
  • Lightning
  • Supply chain disruptions
  • Scarcity of raw materials
  • Changes to the water cycle
Transition Risks
  • Regulatory changes (Inflation Reduction Act)
  • Shifts in market demand
  • Technological advancements
  • Potential decrease in demand for oil and natural gas
Opportunities
  • Continued substantial interest from customers in new water infrastructure development
  • Expanding infrastructure assets through organic investments in water recycling
  • Converting existing produced water waste streams into an alternative, sustainable water source
  • Beneficial reuse of freshwater for mineral extraction

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN SDGs

Third-party Assurance: Grant Thornton LLP (limited assurance)

Sustainable Products & Innovation

  • AquaView® automation services
  • PreSliq™ friction reducer
  • Emission Rx enclosed combustors
  • E-pumps