Plains All American Releases 2021 Sustainability Report
July 28 2022 - 9:05AM
Plains All American (Nasdaq: PAA & PAGP) today
announced the release of its 2021 Sustainability Report, offering
updates on the company’s efforts to continuously improve
environmental, social and governance (ESG) performance.
“Sustainability underpins our work of delivering energy that
fuels innovation and improves quality of life for individuals and
communities around the globe,” said Willie Chiang, Chairman and CEO
of Plains. “Our 2021 Sustainability Report details our improvements
in our safety and reliability, while outlining accomplishments
including the establishment of our Health, Safety, Environmental
and Sustainability (HSES) Board Committee and formation of our
multi-disciplinary Emerging Energy team focused on optimizing and
aligning our assets with emerging opportunities. We are committed
to advancing our Sustainability effort and look forward to
continued engagement with our stakeholders on ways to further
advance these efforts.”
Other notable progress detailed in the report includes:
- Continued efforts to reduce releases
and our total recordable incident rate reflecting ~50% improvements
over the past four years.
- A decrease in our total Scope 1 and
2 emissions in each of the last four years.
- Creation of a Code of Business
Conduct for Contractors and Suppliers.
- Publication of a Human Rights
Policy.
- Development of a company-wide waste
management and minimization plan.
- Active participation in
standardizing industry ESG reporting.
- Collaboration on industry guidelines
for conservation programs on pipeline rights-of-way.
- Enhancements to our employment
practices through expanded workplace flexibility, additional
leadership development programs and improvements to our performance
management practices.
“We are pleased with the advancements we have made to date, but
our journey is far from over,” said Chris Chandler, EVP and Chief
Operating Officer of Plains. “We believe in the long-term
sustainability of our business and the important role Plains will
continue to play in the future of energy. Key to this success will
be an increasing focus on efficiency, conservation and further
strengthening our ability to deliver critical energy resources
while minimizing our impact.”
Plains’ Sustainability Report includes disclosure of performance
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.
About Plains PAA is a publicly traded master
limited partnership that owns and operates midstream energy
infrastructure and provides logistics services for crude oil and
natural gas liquids (NGL). PAA owns an extensive network of
pipeline gathering and transportation systems, in addition to
terminalling, storage, processing, fractionation and other
infrastructure assets serving key producing basins, transportation
corridors and major market hubs and export outlets in the United
States and Canada. On average, PAA handles more than six million
barrels per day of crude oil and NGL.
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 plains.com.
Contacts:Michael GladsteinDirector, Investor
Relations(866) 809-1291
Beth LeeSr. Manager, Sustainability & Communications(866)
809-1290
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