Summit Midstream Partners, LP
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:383,296 tCO2e/year (Scope 1)
Scope 1 Emissions:383,296 tCO2e/year
Scope 2 Emissions:154,129 tCO2e/year
Carbon Intensity:0.005393 tCO2e per Thousand BOE
ESG Focus Areas
- Safe and reliable operations
- Minimizing environmental impact
- Protecting employees’ health and wellbeing
- Responsible and ethical business practices
- Energy transition initiatives
Environmental Achievements
- Significant decrease in the number of hydrocarbon spills
- Zero PHMSA-reportable pipeline incidents
- Installation and operation of over 1,000 solar panels across assets
- Installation of air driven or electrically operated pneumatic devices/controllers reducing methane emissions
- Installation of engine catalysts on certain equipment reducing methane emissions
- Capture and routing of process vent gas streams to combustion devices reducing methane emissions by approximately 95%
- Utilization of electric motor driven compression reducing Scope 1 GHG emissions
- Fugitive component leak detection and repair (LDAR) reducing methane emissions
- Capture and combustion of planned equipment and facility blowdowns reducing methane emissions by approximately 95%
- Use of hot taps on pipeline tie-ins reducing emissions
- Investment in projects improving efficiency and reducing GHG emissions (e.g., vapor recovery, gas control combustion units installation, upgrading compressor stations)
Social Achievements
- Zero employee and contractor fatalities
- Wellness reimbursement program
- Wellness day paid time off
- Employee Assistance Program (EAP) providing mental health assistance, legal and financial help
- Annual anti-harassment and discrimination compliance training
- Annual diversity and inclusion training
- Employee engagement survey conducted
- Community contributions exceeding $500,000
Governance Achievements
- Independent board of directors (86% independent)
- ESG oversight incorporated into Nominating, Governance & Sustainability Committee Charter
- Executive compensation linked to ESG performance (25% weighted in SLT Scorecard)
- First public election of directors held
- No losses associated with rates, pipeline access, price gouging, or price fixing
Climate Goals & Targets
Environmental Challenges
- GHG emissions and climate change transition risks
- Potential for increasingly stringent regulations related to drilling activities or hydraulic fracturing
- Potential impact of legislation or regulations addressing climate change and GHG emissions on markets and demand for products
- Potential for increased cost of operating natural gas facilities due to tax on waste methane emissions (IRA 2022)
- Potential for changing precipitation patterns and increased geohazards in mountainous areas
- Potential for supply chain disruptions
Mitigation Strategies
- Strategic collaboration with Clariter S.A. for chemical recycling plants
- Initiatives to improve operational efficiency and reduce GHG emissions
- Monitoring evolving regulatory landscape relating to GHG emissions
- Adoption of the “three lines model” for risk management
- Comprehensive Integrity Management Program (IMP)
- Damage Prevention Program
- 24/7 pipeline system monitoring
- Comprehensive Spill Response Prevention and Countermeasure Plan (SRPC)
- Emergency Response Manual and Plan
- Health and Safety Policy Statement
- Core Safety Principles
- Health and safety training programs
- Use of ISNetworld contractor management system
- Responsible Contractor Form
Supply Chain Management
Supplier Audits: 76% of suppliers signed off on Code of Business Conduct and Ethics
Responsible Procurement
- Preference for domestic and North American steel providers
- Use of ISNetworld contractor management system
- Responsible Contractor Form
Climate-Related Risks & Opportunities
Physical Risks
- Changing precipitation patterns
- Increased geohazards
Transition Risks
- Stringent regulations related to drilling activities or hydraulic fracturing
- Impact of legislation or regulations addressing climate change and GHG emissions on markets and demand
- Increased cost of operating natural gas facilities due to tax on waste methane emissions
Opportunities
- Increased demand for natural gas as a transition fuel
- Strategic collaboration with Clariter S.A. for chemical recycling
Reporting Standards
Frameworks Used: SASB, TCFD, EIC/GPA Midstream ESG Reporting Template