Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • TC Energy (TRP) has released its 2021 Report on Sustainability, ESG Data Sheet, and GHG Emissions Reduction Plan
  • The company is positioned to achieve net zero emissions from its operations by 2050, and has set another 30 per cent reduction target in GHG emissions by 2030
  • It is also advancing its commitment to Indigenous peoples with a focus on Indigenous representation and education
  • TC Energy operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico
  • Shares in TC Energy Corp. (TRP) are currently down 0.34 per cent, trading at $67.67 per share

TC Energy (TRP) has released its 2021 Report on Sustainability, ESG Data Sheet, and GHG Emissions Reduction Plan.

Together, these reports provide a comprehensive overview of the company’s environmental, social and governance (ESG) targets and performance metrics.

The 2021 Report on Sustainability and ESG Data Sheet expands on the ten foundational sustainability commitments established in 2020 and now include 32 specific and measurable targets across all these commitments.

TC Energy is positioned to achieve net-zero emissions from its operations by 2050 and has set another 30 per cent reduction target in GHG emissions by 2030.

These targets showcase the company’s continuous improvement and desire to establish benchmarks that measure future sustainability progress.

In terms of social sustainability, the company is advancing its commitment to Indigenous peoples with a focus on Indigenous representation and education.

TC has also expanded its safety program to include advancements in targets for mental health and psychological health and safety.

“We have a direct and vital role to play in delivering a shared energy future that is more equitable, just and ultimately sustainable,” said François Poirier, TC Energy’s president and CEO.

“We will continue to progress the sustainability issues that matter most to us and our stakeholders,” he added, “including reducing our greenhouse gas emissions intensity, committing to actions to advance reconciliation, and developing innovative energy solutions for the future.”

The 2021 Report on Sustainability and ESG Data Sheet were prepared in alignment with the United Nations Sustainable Development Goals (SDGs), the Sustainability Accounting Standards Board (SASB) Oil and Gas—Midstream, and the Task Force on Climate-related Financial Disclosures (TCFD).

TC Energy operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico.

Shares in TC Energy Corp. (TRP) are currently down 0.34 per cent, trading at $67.67 per share as of 1:37 pm ET.

More From The Market Herald
The Market Herald Video

" Baselode Energy (TSXV:FIND) closes $9.2M private placement

Baselode Energy (FIND) has closed its “bought deal” private placement for aggregate proceeds of $9,200,632.50, including the exercise of the over-allotment option.

" InPlay Oil (TSX:IPO) and Prairie Storm (TSXV:PSEC) complete strategic cardium combination

InPlay Oil Corp. (IPO) and Prairie Storm Resources Corp. (PSEC) announce that they have closed the previously announced plan of arrangement.
The Market Herald Video

" Bengal Energy (TSX:BNG) releases Cuisinier water injection program update

Bengal Energy (BNG) initiated the water injection program at its Cuisinier oil field on November 12, 2021.
CF Energy Corp - Chair and CEO, Siyin Lin Ann

" CF Energy (TSXV:CFY) announces Q3 and year-to-date financial results

CF Energy (CFY) has filed its interim consolidated financial results for the three and nine months leading up to September 30, 2021.