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Tamarack Valley Energy Ltd. Releases 2021 Sustainability Report

Tamarack Valley Energy Ltd. Releases 2021 Sustainability Report Canada NewsWire...

articleTamarack Valley Energy Ltd.December 2, 20215/company/tamarack-valley-energy-ltd/news/tamarack-valley-energy-ltd-releases-2021-sustainability-report
Tamarack Valley Energy Ltd. Releases 2021 Sustainability Report

About this update from Tamarack Valley Energy Ltd.

[{"type":"text","content":"\n \n \n \n Tamarack Valley Energy Ltd. Releases 2021 Sustainability Report\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSX: TVE\n \n \n \n \n CALGARY, AB\n \n ,\n \n Dec. 2, 2021\n \n /CNW/ - Tamarack Valley Energy Ltd. (\"Tamarack\" or the \"Company\") is pleased to announce the release of its second annual Sustainability Report, outlining the Company's progress on environmental, social and governance (\"ESG\") practices and how these factors help guide Tamarack's strategy. The Company has made significant progress on previously identified commitments and goals related to the focus areas of ethical governance; stakeholder engagement; biodiversity and water management; and emissions management.\n \n \n \n \n \n \n \n \n \n \"We are pleased with the progress our organization has made in the last year, building on the foundation that was set in the first year of our program\" said\n \n Brian Schmidt\n \n (Aakaikkitstaki), Tamarack's President and CEO. \"This report highlights how Tamarack continues to be a leader in responsible development with a focus on the environment, while simultaneously strengthening Indigenous and stakeholder relationships. We have further incorporated ESG goals into our executive and employee compensation with a path to further increase and integrate ESG in our incentive structures\"\n \n \n \n Highlights of Tamarack's 2021 Sustainability Report include:\n \n \n \n \n Significant progress towards the Company's clear, measurable goals and targets, including achievement of approximately 20% of goals to date – on time or ahead of schedule;\n \n \n Integration of ESG key performances indicators (\"KPIs\") into acquisition criteria with highlights of the positive impact of acquisitions and capital planning on the economic and environmental profile of the Company's assets;\n \n \n Continued partnership with Indigenous stakeholders including support for the Indian Resources Council to secure dedicated Site Rehabilitation Program (SRP) funding for Indigenous lands in addition to support for Kainai Re...

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