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Tamarack Valley Energy Ltd. Releases 2022 Sustainability Report
Tamarack Valley Energy Ltd. Releases 2022 Sustainability Report Canada NewsWire ...
About this update from Tamarack Valley Energy Ltd.
[{"type":"text","content":"\n \n \n \n Tamarack Valley Energy Ltd. Releases 2022 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 \n CALGARY, AB\n \n \n ,\n \n \n Dec. 20, 2022\n \n \n /CNW/ - Tamarack Valley Energy Ltd. (\"Tamarack\" or the \"Company\") is pleased to announce the release of its third annual Sustainability Report, outlining the Company's progress on environmental, social and governance (ESG) practices in 2021 and early 2022 and how these factors help guide Tamarack's strategy. The Company has made significant advancements on 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 continued evolution of our ESG program in the last two years\" 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 demonstrated our commitment to accountability and transparency through the utilization of sustainability linked debt. We remain committed to ensuring long-term sustainability while driving positive results for shareholders, our communities and the environment.\"\n \n \n \n Highlights of Tamarack's 2022 Sustainability Report include:\n \n \n \n \n Significant progress towards the Company's clear, measurable goals and targets, including achievement of more than 50% of goals to date – on time or ahead of schedule;\n \n \n Demonstrated commitment to accountability and transparency through the conversion of debt to sustainability linked loans and instruments, as well as third-party assurance of key ESG metrics;\n \n \n Achieved original emissions and methane intensity reduction goals of 25% and 60%, respectively, over the 2017 baseline and set new ambitious reductions goals;\n \n \n Continued partnership with Indi...