Prairie Provident Resources Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021

In its 2021 reporting, Prairie Provident Resources Inc. disclosed greenhouse gas emissions of 55.8K tCO2e (2020). By scope: Scope 1: 55.8K tCO2e (2020). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
55.8K tCO2e (2020)
2021
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Water Usage
5.9K m³ (2020)
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).55.8K tCO2e (2020)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Further align with NI 51-107 standards in 2022+
  • Continue to assess venting and flaring for all operated sites in 2022 with a more formal mitigation plan in 2023
  • Develop Indigenous Relations Policy with consultation from potentially impacted Indigenous communities
  • Develop a cradle-to-grave approach to well and field development; “Circle of Life” starting in 2022
  • Develop voluntary employee survey to deliver feedback on job satisfaction and recommendations for improvement

📅 Medium-term

  • By 2025, ensure women representation at the Board level is 33 per cent or higher

🌱 ESG Focus Areas

Climate Change ManagementWater ManagementGovernance and LeadershipEmployee Well-beingCommunity and Indigenous RelationsEnvironmental StewardshipAsset Management

⚠️ Challenges & Risks +

  • Need for improvements in spill and release prevention and mitigation
  • Need to incorporate additional air emissions testing and biodiversity awareness into field operations
  • Need to reduce freshwater usage, especially considering increased requirements for Banff wells

📋 Report Information

Reporting Period: 2021
Frameworks: NI 51-107, TCFD