Tidewater Midstream and Infrastructure Ltd.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:906,204 tCO2e/year (Scope 1); 127,413 tCO2e/year (Scope 2)
Scope 1 Emissions:906,204 tCO2e/year
Scope 2 Emissions:127,413 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:303,012 e3m3/year (Natural Gas); 247,212 MWh/year (Electricity)
Water Consumption:559,778 m3/year (Total Freshwater Withdrawal)
Waste Generated:1,177 tons/year (Solid Waste)
Carbon Intensity:0.0130 tCO2e/BOE in 2020
ESG Focus Areas
- Our People
- Business Ethics & Business Conduct
- Health, Safety & Wellness
- Emergency Preparedness & Response
- Indigenous Relations
- Economic Contributions & Community Investments
- GHG Emissions
- Asset Integrity
- Product Diversification & Business Resilience
Environmental Achievements
- Total GHG emissions intensity decreased to 0.0130 tCO2e/barrel of oil equivalent (BOE) – which is in line with 2017 levels despite more than doubling our business in the past four years.
- Received funding from the Alberta government’s Industrial Energy Efficiency and Carbon Capture Utilization and Storage (IEE CCUS) program to reduce emissions at its Brazeau facility.
Social Achievements
- Zero lost time injuries within the last three years.
- Low employee turnover rate of 3.6%
- 29% of Tidewater’s Board of Directors are women
- Implemented weekly wellness moments for all employees and a wellness campaign.
- Conducted first Mental Health and Benefits survey.
Governance Achievements
- Established an ESG Committee.
- Updated Health, Safety and Environment (HSE) Management System.
- ESG performance linked to executive compensation (15% of annual cash bonus).
Climate Goals & Targets
Long-term Goals:
- Cost-effectively reduce GHG exposure through renewable infrastructure and innovative technologies.
- Construction of an HDRD facility at the Prince George Refinery and evaluation of a renewable hydrogen plant.
Medium-term Goals:
- Build out Industrial Hygiene surveys to identify and reduce risks to worker health.
- Reduce time to complete Level 3 inspection deficiency resolution by 50%.
Short-term Goals:
- Reduce methane venting to align with Directive 60 reduction requirements.
- Develop a corporate geotechnical review of all pipelines and update the Leak Detection System Manual.
Environmental Challenges
- Increased absolute emissions levels due to growth from acquisitions and organic projects.
- Increased regulatory requirements due to product diversification.
- COVID-19 pandemic impacting training and some initiatives.
Mitigation Strategies
- Focus on improving operational efficiencies to reduce emissions intensity.
- Implementation of innovative emissions reduction technologies in new projects.
- Use of green and renewable fuels and carbon capture and sequestration.
- Actions to reduce methane venting to align with regulatory reduction requirements.
- Shifting to remote work where possible and implementing safety measures to mitigate COVID-19 risks.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Request dedicated spending and capacity development from suppliers and vendors; facilitate partnerships where appropriate.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and renewable energy projects.
Reporting Standards
Frameworks Used: SASB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Renewable diesel, renewable hydrogen, renewable natural gas
Awards & Recognition
- Not disclosed