TC Energy Releases GHG Emissions Reduction Plan
30 November 2021
TC Energy Corporation announced the release of 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. In addition, these reports highlight TC Energy’s increasing transparency on sustainability matters and the Company’s focus on, and accountability for, achieving meaningful and measurable results.
The 2021 Report on Sustainability and ESG Data Sheet expand on the 10 foundational sustainability commitments established in 2020 and now include 32 specific and measurable targets across all these commitments. These targets showcase the Company’s continuous improvement and establish benchmarks to measure future sustainability progress. The new GHG Emissions Reduction Plan provides additional transparency, sharing five key focus areas and a roadmap to achieve net zero by 2050. These reports highlight how TC Energy continues to meet growing demand for clean, affordable energy with a focus on protecting our planet, empowering people, and creating shared prosperity.
2021 ESG target highlights:
- Announcing new targets to reduce GHG emissions intensity from the Company’s operations by 30 per cent by 2030 and position to achieve net zero emissions from our operations by 2050.
- Advancing the Company’s commitment to Indigenous peoples as part of the Reconciliation Action Plan with a focus on Indigenous representation and education; and
- Expanding the Company’s safety program to include advancements in targets for mental health and psychological health and safety.
TC Energy’s 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).
Courtesy of TC Energy.