Plains All American Announces Release of 2020 Sustainability Report
July 29 2021 - 8:55AM
Plains All American (Nasdaq: PAA & PAGP) today announced the
release of its 2020 Sustainability Report, available on the
Sustainability section of its website at
plainsallamerican.com/sustainability.
“Our core values of Safety and Environmental Stewardship, Ethics
and Integrity, Accountability, and Respect and Fairness are
fundamental to our commitment to run a long-term sustainable
business,” said Willie Chiang, Chairman and CEO of Plains. “We
strive to be a good corporate citizen, responsible stewards of the
environment, and active participants in our communities. We have
made solid progress on our sustainability journey and are squarely
focused on continuous improvement throughout our business. This
report represents a key milestone in our sustainability journey,
reflecting a meaningful increase in data disclosures and additional
context on environmental, social and governance (ESG) factors
relevant to our business and stakeholders.”
Sustainability performance highlights detailed in our 2020
report include:
- Scope 1 and Scope 2 greenhouse gas emissions disclosure, which
have been reduced by ~20% since 2018 and compare favorably to
peers.
- Formation of a Health, Safety, Environmental and Sustainability
Board Committee to provide oversight of our sustainability work and
reporting.
- Closing 2020 with our best safety and environmental performance
to date, including significant improvements over the past three
years to several key metrics like our Total Recordable Injury Rate
(~50% improvement), Lost Time Injury Rate (~80% improvement) and
Federally Reportable Releases (45% improvement).
- Disclosure of sustainability data in alignment with the Energy
Infrastructure Council’s (EIC) Midstream ESG Reporting Template and
in consideration of the Sustainability Accounting Standards Board
(SASB) standard for Oil and Gas – Midstream, as well as the Global
Reporting Initiative (GRI) standards.
- Continued expansion and refinement of our philanthropy and
volunteerism efforts in communities where we operate.
“Plains’ commitment to safe, reliable, efficient and responsible
operations is the foundation of our Sustainability Program,” stated
Chris Chandler, EVP and Chief Operating Officer of Plains. “As we
work to continuously improve all areas of our business, we are
eager to continue investing our time and resources in our
communities while providing the critical energy resources that
drive prosperity in North America and around the world. We
appreciate the feedback and support of our stakeholders in
generating this report, and we look forward to continuing the
dialogue as we advance our effort.”
About Plains
PAA is a publicly traded master limited partnership that owns
and operates midstream energy infrastructure and provides logistics
services for crude oil, natural gas liquids (NGL), and natural gas.
PAA owns an extensive network of pipeline transportation,
terminalling, storage, and gathering assets in key crude oil and
NGL producing basins and transportation corridors and at major
market hubs in the United States and Canada. On average, PAA
handles more than 5 million barrels per day of crude oil and NGL in
its Transportation segment.
PAGP is a publicly traded entity that owns an indirect,
non-economic controlling general partner interest in PAA and an
indirect limited partner interest in PAA, one of the largest energy
infrastructure and logistics companies in North America.
PAA and PAGP are headquartered in Houston, Texas. For more
information, please visit www.plainsallamerican.com.
Contact:
Brett MagillDirector, Investor Relations(866) 809-1291
Brad LeoneDirector, Communications & Government
Relations(866) 809-1290
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