SaskEnergy 2023-24 ESG Report

Measures and Standards: Key Indicators

2023-24 Highlights

Looking Ahead

Our Approach to ESG

President’s Message

About SaskEnergy

Environment

Prosperity

Our People

Governance

Providing Critical Energy to Saskatchewan Environmental responsibility is key to SaskEnergy’s long-term corporate sustainability as we meet Saskatchewan’s demand for safe and reliable energy. The actions we take are also important to our customers and to the communities where we operate. We recognize our role, as an energy company, in reducing GHG emissions in our operations, and in assisting our customers to be more energy efficient and reduce their impact on the environment. Roadmap to 35 per cent by 2030 In 2020-21, we set a target to reduce our emissions from operations by 35 per cent, from 2019 levels, by 2030. SaskEnergy’s operational emissions — measured in tonnes of carbon dioxide equivalent (CO 2 e) — include those from our natural gas system as well as company-owned vehicles, and emissions related to heating and powering our offices and facilities. By the end of 2023-24, we are now halfway toward achieving that goal. As we progress on our roadmap to 35 per cent by 2030, SaskEnergy will continue to categorize, prioritize, and execute on projects and activities to address our direct GHG emissions (scope 1 emissions) and our indirect GHG emissions from electricity (scope 2 emissions). These projects and activities are categorized within three priority areas: vent gas reduction, renewable electricity, and optimization.

Vent gas reduction Approximately 25 per cent of our emissions come from venting, whether from gas line maintenance work or through devices that vent gas by design. By reducing vented gas, we can have an impact on overall scope 1 emissions.

Renewable electricity This focus area involves bringing more renewable electricity into our operations. The implementation of renewable electricity is a cost-effective approach to reducing indirect, scope 2 emissions.

Optimization SaskEnergy focuses on optimizing our existing operational practices, and our infrastructure, to reduce GHG emissions. This directly impacts scope 1 emissions from operational activities such as venting, flaring, and combustion.

2023-24 ESG Report

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