Milestone Environmental Services
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:2029 tCO2e (Scope 1) + 3564 tCO2e (Scope 2) + 1153 tCO2e (Scope 3)
Scope 1 Emissions:2029 tCO2e
Scope 2 Emissions:3564 tCO2e
Scope 3 Emissions:1153 tCO2e
Renewable Energy Share:0%
Total Energy Consumption:32,498 GJ
Waste Generated:256,175 cubic yards (incidental solids) + 10,772,319 barrels (liquids)
Carbon Intensity:0.562 kg CO2e/bbl (2021)
ESG Focus Areas
- Greenhouse Gas Emissions
- Air Quality
- Ecological Impact
- Workforce Health & Safety
- Diversity & Inclusion
- Governance
- Risk Management
- Management of the Legal & Regulatory Environment
Environmental Achievements
- Sequestered 276,153 MT CO2e in 2021 through slurry injection, avoiding estimated 200,000 MT CO2e from land application.
- Achieved a net negative carbon footprint of (193,052) MT CO2e in 2021.
- Established Milestone Carbon to develop CO2 sequestration projects.
Social Achievements
- Maintained a ZERO Total Recordable Incident Rate and ZERO Fatality Rate in 2021.
- Provided approximately 37,000 meals to families in need through donations to food banks.
- Supported various community initiatives focused on hunger, homelessness, STEAM education, and veteran assistance.
Governance Achievements
- Integrated ESG factors into business processes and reported on significant ESG issues during quarterly Board meetings.
- Proactively managed financial, market, political, compliance, operational, reputational, cybersecurity, and climate risks.
Climate Goals & Targets
Environmental Challenges
- Regulatory risks related to policies and regulations aimed at curbing GHG emissions.
- Potential for climate-related physical risks (extreme weather) impacting operations and assets.
- Transitional risks associated with the shift from fossil fuels to zero-carbon energy sources.
Mitigation Strategies
- Proactive monitoring of legislative and regulatory bodies, participation in industry associations, and transparent engagement with regulators.
- Comprehensive incident response plan, including Storm Water Pollution Protection Plan (SWPPP) and Spill Prevention Control & Countermeasures (SPCC) Plan.
- Innovative waste sequestration technologies to help customers meet carbon emissions-reduction goals.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Changes in public policy and regulations
- Market shifts related to energy transition
Opportunities
- Providing customers with means to mitigate climate risks and achieve net-zero goals
Reporting Standards
Frameworks Used: SASB
Awards & Recognition
- Hart Energy’s ESG Award (2021)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:10,235 tCO2e/year
Scope 1 Emissions:2,439 tCO2e/year
Scope 2 Emissions:4,157 tCO2e/year
Scope 3 Emissions:3,639 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:40,460 GJ/year
Carbon Intensity:0.569 kg CO2e/bbl
ESG Focus Areas
- Greenhouse Gas Emissions
- Workforce Health and Safety
- Corporate Governance
- Air Quality
- Diversity, Equity, and Inclusion
- ESG Risk Management
- Ecological Impact
- Employee Engagement and Training
- Management of the Legal and Regulatory Environment
- Community Engagement and Contributions
- Critical Incident Risk Management
Environmental Achievements
- Sequestered 416,732 MT of CO2e in facilities, a significant increase from 2021.
- Avoided emissions of 306,085 MT CO2e through carbon sequestration.
Social Achievements
- Workforce grew by 28% in 2022.
- Implemented monthly diversity, equity, and inclusion (DE&I) meetings.
- Average of 23 hours of safety training per operations personnel.
Governance Achievements
- Solidified internal processes to identify and manage ESG-related issues and risks.
- Fine-tuned carbon sequestration data collection procedures.
- Implemented a multi-tiered approach to data integrity.
Climate Goals & Targets
Environmental Challenges
- Reducing Scope 3 emissions.
- Managing climate-related risks (transition and physical risks).
Mitigation Strategies
- Building knowledge to lead the way in the sector by providing transparent, replicable, robust, and verified data.
- Providing customers a means to mitigate some of their climate-related risks and achieve their carbon emissions-reduction goals.
- Conducting a Physical Hazard Screening to identify short-term and future climate-related physical risks.
- Installing tornado shelters at locations identified as having high-level hazards for tornadoes.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Tornadoes
Transition Risks
- Changes in public policy and regulations
- Investor pressure to reduce emissions intensity
Opportunities
- Providing customers with solutions to mitigate climate-related risks and achieve carbon emissions-reduction goals
Reporting Standards
Frameworks Used: SASB
Third-party Assurance: CRI (certain agreed-upon procedures on avoided CO2 and sequestered carbon calculations)
Sustainable Products & Innovation
- Slurry injection process
- Carbon capture and sequestration (CCS) solutions