Our core values reinforce our commitment to sustainability by integrating strong environmental, social and governance (ESG) performance into every aspect of our business
We pride ourselves on using solid data and sound judgment to make informed decisions and achieve results. This means operating a safe and reliable system, delivering cost-effective solutions, reducing our environmental footprint and creating long-term value for our shareholders and communities. We publish regular Environmental, Social and Governance (ESG) reports and updates to keep our investors and community partners informed of our ESG performance.
This approach enables us to be more responsive to customer needs, better manage risk, and attract and retain the talent we need to deliver operational excellence across our Utilities, Midstream and Power businesses.
Our commitment to sustainability means:
- Operating our business with the highest regard for the safety of our employees, contractors and stakeholders
- Protecting the environment and reducing our impact
- Building long-term, mutually beneficial relationships with Indigenous Peoples, partners and communities
- Working closely with governments and regulatory agencies to develop long-term sustainable projects
- Investing in communities through employment and training opportunities and donations to charitable organizations
Maintaining strong relationships with our employees, investors, customers, as well as our community, Indigenous and government partners - is critical to our business success.
Starting early in the development of a project, we engage in discussions with local communities to gain a solid understanding of the region and to learn about the priorities, interests and concerns of our project stakeholders.
Ongoing communication with our stakeholders is critical to informing our community consultation, strategy development, and risk management activities, and ensuring we approach our work in a responsible way that creates social value where we operate.
In 2018, we began standardizing our measurement and collection of environmental, social and governance (ESG) performance data. While our companies have always reported in compliance to the relevant standards and authorities in their operating regions, we are now consolidating and enhancing our data collection and reporting.
Going forward, our ESG reports will include performance data covering more categories in greater depth, guided by internal materiality assessments. This, and our ESG strategy, are evolving as we mature, and the broader industry evolves.
AltaGas has participated in the CDP (formerly called the Carbon Disclosure Project) since 2010. The CDP is an international, independent, not-for-profit organization that maintains a global disclosure system enabling companies, cities, states and regions to measure and manage their environmental impacts.
In 2017, AltaGas was recognized again for taking coordinated action on climate change issues by CDP and obtained a score of B (Management). Companies at the Management level are taking further steps to effectively reduce emissions, indicating more advanced environmental stewardship.