Energy Transfer LP
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
Renewable Energy Share:Nearly 20% of electricity purchased from solar and wind sources.
ESG Focus Areas
- Environmental Emission reduction
- Carbon capture
- Energy efficiency
- Water management
- Emergency preparedness
- Alternative energy
- Wetland conservation
- Wildlife protection
- Weatherization
- Pipeline safety
- Operational safety
- Personal safety
- Public awareness
- Supporting communities
- Charitable giving
- Employee volunteerism
- Stakeholder engagement
- Community liaisons
- Ethical standards
- Board governance
- Asset investments
- Asset optimization
- Risk management
- Employee benefits
- Employee support
- Cybersecurity
- Equal opportunity
- Nondiscrimination
Environmental Achievements
- Reduced greenhouse gas emissions by 766,788 tons of carbon dioxide annually through Dual Drive technology.
- Sequestered more than 86,328 metric tons of carbon dioxide in 2021.
- Recovered nearly 150,000 barrels of oil and condensate in 2021—a 353 percent increase from 2020.
- Reduced the volume of natural gas unintentionally released in a Class 3 location by 27% in 2021 vs. 2020.
Social Achievements
- Donated $7.4 million to more than 250 local and national nonprofit organizations.
- More than 1,200 Energy Transfer employees volunteered 2,700 total hours of their personal time—a 20 percent increase from 2020.
- Paid over $137 million in motor fuel and sales/use tax in 2021.
Governance Achievements
- Implemented a new, comprehensive training dashboard to actively monitor training activities.
- Over 99 percent of Energy Transfer employees completed the annual Code of Business Conduct and Ethics training and annual harassment training.
- Implemented the Driver Intervention Program to monitor employees’ driving habits and help prevent vehicle incidents.
Climate Goals & Targets
Environmental Challenges
- Global economic challenges due to war and oil embargos.
- Extreme weather events impacting operations.
Mitigation Strategies
- Investing in asset integrity and weatherization upgrades ($1.5 billion over three years, $30 million for winter storm preparation since 2014).
- Developing alternative sourcing strategies.
- Implementing comprehensive emergency response plans.
Supply Chain Management
Responsible Procurement
- Code of Business Conduct and Ethics requiring suppliers to sign off on the code.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Opportunities
- Development of energy-efficient products (Dual Drive technology)
- Carbon capture and sequestration projects
Reporting Standards
Frameworks Used: GRI, SASB, Midstream ESG Reporting Template (EIC and GPA Midstream)
Sustainable Products & Innovation
- Dual Drive technology
Awards & Recognition
- D CEO Magazine Midstream Executives of the Year
- Top General Counsel by the National Diversity Council
- 25 Most Influential Women in Energy by Oil & Gas Investor
- American Gas Association Industry Leader Accident Prevention Award
- Southern Gas Association Meritorious Action Award
- International Liquid Terminals Association’s Safety Excellence Award
- Florida Energy Pipeline Association’s Safety Award
- GPA Midstream Association Environmental Excellence Award (Dual Drive Technologies)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Safety
- Environmental Stewardship
- Social Responsibility
- Governance
Environmental Achievements
- Sequestered approximately 94,500 metric tons of carbon dioxide in 2022.
- Reduced emissions by 752,062 tons of carbon dioxide annually using Dual Drive Technologies.
- Recovered over 175,000 barrels of oil and condensate in 2022 through wastewater oil recovery.
- Planted 25,000 trees in Texas, Indiana and Michigan.
Social Achievements
- Donated more than $6.8 million to over 300 charities in 2022.
- More than 1,500 employees volunteered approximately 3,600 hours of their personal time in 2022.
- Supported more than 300 local and national organizations.
Governance Achievements
- Completed the acquisition of Enable Midstream Partners.
- Implemented a new safety recognition initiative.
- Rolled out a new, cutting-edge enterprise solution (DataPARC) resulting in over $10 million in annualized savings.
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions due to market conditions.
- Maintaining a zero-incident culture in a high-risk industry.
Mitigation Strategies
- Executed a pipe inventory program with distributors to guarantee pipe availability.
- Implemented a five-step risk reduction cycle through the Incident Management System (IMS) to document and report unwanted events.
- Continuous investment in safety training and technology.
Supply Chain Management
Responsible Procurement
- Code of Business Conduct and Ethics
- Approved Manufacturers List for PCMR materials
Climate-Related Risks & Opportunities
Opportunities
- Carbon capture and sequestration
- Renewable natural gas
- Hydrogen and ammonia infrastructure
Reporting Standards
Frameworks Used: GRI, SASB, EIC/GPA Midstream ESG Reporting Template
Sustainable Products & Innovation
- Dual Drive compression technology
Awards & Recognition
- 2023 Safety Excellence Award from the International Liquid Terminals Association (ILTA)
Reporting Period: 2023
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
- Safety
- Financial Performance
- Operational Efficiency
- Growth
- Environmental Management
- Social Responsibility
- Community Engagement
- Employee Well-being
Environmental Achievements
- Sequestered approximately 69,360 metric tons of carbon dioxide in 2023 through carbon capture and sequestration technology.
- Reduced emissions by 789,908 tons of carbon dioxide annually using Dual Drive Technologies.
- Recovered over 266,000 barrels of oil and condensate in 2023.
Social Achievements
- Achieved the best safety record in the history of the Partnership.
- Charitable donations totaling $6.53 million supported over 360 nonprofit organizations.
- More than 1,800 employees volunteered more than 3,900 hours.
Governance Achievements
- Upgraded to a BBB credit rating with a Stable outlook by Fitch.
- Generated a partnership record $13.7 billion of adjusted EBITDA.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
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: GRI, SASB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Dual Drive Technologies
Awards & Recognition
- Energy Legacy Award (Kelcy Warren)
- Distinguished Service Award (Kelcy Warren)
- Hart Energy’s 50th anniversary Hall of Fame (Kelcy Warren)
- Distinguished Service Award (Eric Amundsen)
- Graduate Domestic Security Executive Academy (Steven Hale)
- Innovation in Pipeline Engineering – Midstream award (Dual Drive Technologies)