Climate Change Data

ZEFIRO METHANE CORP.

Climate Impact & Sustainability Data (2023, 2023 to 2024, 2023-04-01 to 2024-03-30, 2024)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Methane abatement
  • Carbon offset solutions
  • Environmental remediation

Environmental Achievements

  • Eliminated ~100,000 methane well sources in 2023
  • Estimated methane emissions eliminated in 2023 (tCO2e): ~413

Social Achievements

  • Leaving communities better than we found them

Governance Achievements

  • Listed on Cboe Canada Exchange (April 2024)
  • Completed multiple strategic acquisitions resulting in more than $30 million in revenue since 2023

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • International expansion (Canada, Middle East)
Short-term Goals:
  • Geographical expansion into new basins
  • Targeting 25% of issued state funds from IIJA

Environmental Challenges

  • Large backlog of abandoned oil and gas wells leaking methane (2.2M+ wells)
  • High cost of well remediation
  • Competition in the carbon credit market
Mitigation Strategies
  • Vertically integrated model for cost savings and enhanced efficiency
  • Targeting state grant-funded plugging and abandonment projects (IIJA funds)
  • Developing new product lines (methane monitoring)
  • Strategic acquisitions

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities
  • Growing demand for carbon credits

Reporting Standards

Frameworks Used: American Carbon Registry (ACR)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)

Reporting Period: 2023 to 2024

Environmental Metrics

Total Carbon Emissions:413 tCO2e (2023)

ESG Focus Areas

  • Methane abatement
  • Carbon offset solutions
  • Environmental remediation

Environmental Achievements

  • Eliminated ~100,000 methane well sources in 2023
  • Estimated methane emissions eliminated in 2023 (tCO2e): 413

Social Achievements

  • Leaving communities better than we found them
  • Creating jobs through well remediation

Governance Achievements

  • Listed on Cboe Canada Exchange (April 2024)
  • Completed multiple strategic acquisitions resulting in over $30 million in revenue since 2023

Climate Goals & Targets

Long-term Goals:
  • Become the national leader in methane abatement in the U.S.
Medium-term Goals:
  • International expansion (Canada, Middle East)
  • Launching new services (methane monitoring)
Short-term Goals:
  • Geographical expansion into new basins
  • Targeting 25% of issued state funds from IIJA

Environmental Challenges

  • Large backlog of abandoned oil and gas wells leaking methane (2.2M+ wells)
  • Competition in the methane abatement and carbon credit market
  • Regulatory changes and evolving carbon markets
Mitigation Strategies
  • Vertically integrated model for cost savings and efficiency
  • Strategic acquisitions to expand geographic footprint and capabilities
  • Focus on high-quality carbon credit origination and distribution

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks
  • Evolving carbon market
  • Fluctuating price of carbon credits
  • Reduced demand for carbon credits
Opportunities
  • Growing demand for carbon offsets
  • Supply-demand gap in high-quality carbon credits

Reporting Standards

Frameworks Used: American Carbon Registry (ACR)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)

Methane abatement contributes to reducing greenhouse gas emissions and promoting clean energy.

Reporting Period: 2023-04-01 to 2024-03-30

Environmental Metrics

Total Carbon Emissions:413 tCO2e (2023)

ESG Focus Areas

  • Methane abatement
  • Carbon offset solutions
  • Environmental remediation

Environmental Achievements

  • Eliminated ~100,000 methane well sources in 2023
  • Estimated methane emissions eliminated in 2023 (tCO2e): 413

Social Achievements

  • Leaving communities better than we found them
  • Creating jobs through well remediation

Governance Achievements

  • Listed on Cboe Canada Exchange (April 2024)
  • Completed multiple strategic acquisitions resulting in over $30 million in revenue since 2023

Climate Goals & Targets

Long-term Goals:
  • Become the national leader in methane abatement in the U.S.
Medium-term Goals:
  • International expansion (Canada, Middle East)
  • Launching new services (methane monitoring)
Short-term Goals:
  • Geographical expansion into new basins
  • Targeting 25% of issued state funds from IIJA

Environmental Challenges

  • Large backlog of abandoned oil and gas wells leaking methane (2.2M+ wells)
  • Competition in the methane abatement and carbon credit market
  • Regulatory changes and evolving carbon markets
Mitigation Strategies
  • Vertically integrated model for cost savings and efficiency
  • Strategic acquisitions to expand geographic footprint and capabilities
  • Focus on high-quality carbon credit origination and distribution

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks
  • Evolving carbon market
  • Fluctuating price of carbon credits
  • Reduced demand for carbon credits
Opportunities
  • Growing demand for carbon offsets
  • Supply-demand gap in high-quality carbon credits

Reporting Standards

Frameworks Used: American Carbon Registry (ACR)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)

Methane abatement contributes to reducing greenhouse gas emissions and promoting clean energy.

Reporting Period: 2024

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

  • Climate Change
  • Environmental Remediation

Environmental Achievements

  • Successfully registered its first methane reduction project on the American Carbon Registry (ACR), generating carbon credits from environmental remediation of orphaned oil and gas well sites.

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

  • Navigating the complexities of the carbon credit market and obtaining necessary approvals for environmental remediation projects.
Mitigation Strategies
  • Successfully completed the rigorous validation and verification process required by ACR for project registration.

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: American Carbon Registry (ACR)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed