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TIDEWATER RENEWABLES LTD. RELEASES ITS INAUGURAL ESG REPORT
TIDEWATER RENEWABLES LTD. RELEASES ITS INAUGURAL ESG REPORT Canada NewsWire ...
About this update from Tidewater Renewables Ltd.
[{"type":"text","content":"\n \n \n \n TIDEWATER RENEWABLES LTD. RELEASES ITS INAUGURAL ESG 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 \n CALGARY, AB\n \n \n ,\n \n \n April 24, 2023\n \n \n /CNW/ - Tidewater Renewables Ltd. (\"\n \n Tidewater Renewables\n \n \" or the \"\n \n Corporation\n \n \") (TSX: LCFS) is pleased to announce the release of its inaugural ESG Report summarizing the Corporation's performance on several key environmental, social, and governance (\"\n \n ESG\n \n \") topics and highlighting its commitment to responsible energy development and the energy transformation.\n \n \n \n \n \n \n \n \n \n \"Tidewater Renewables is excited about our role in creating clean energy solutions for a more sustainable future,\" said\n \n Rob Colcleugh\n \n , Chairman and Interim Chief Executive Officer. \"Tidewater Renewables was created in response to the increasing global demand for renewable fuels and alternative energy solutions.  We are in the business of turning waste materials into biofuels in the form of Renewable Diesel, Renewable Natural Gas, and Renewable Hydrogen.  These reliable and affordable energy solutions help reduce waste pollution and decrease greenhouse gas emissions to reduce the carbon intensity of fuels used across\n \n Canada\n \n .\"\n \n \n The ESG Report features Tidewater Renewables' progress to date including:\n \n \n \n Building\n \n Canada's\n \n 1\n \n st\n \n Renewable Diesel and Renewable Hydrogen (HDRD) facility\n \n \n Total Recordable Injury Frequency (TRIF) of 0.31 for construction of the HDRD facility\n \n \n Produced Renewables Diesel at the HDRD facility is expected to reduce consumer carbon intensity by 80-90% compared to fossil fuel-based diesel\n \n \n 25% of Tidewater Renewables' Board of Directors are women\n \n \n The Corporation's team has grown from three to 35 employees in only 18 months\n \n \n Over\n \n $16 million\n \n in Provincial and Federal Government funding provided through clean technology grants\n \n \n \n The ESG Report can be found on the Corporation's website\...