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Topaz Energy Corp. Publishes Inaugural Sustainability Report

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articleTopaz Energy CorpOctober 1, 20213/company/topaz-energy-corp/news/topaz-energy-corp-publishes-inaugural-sustainability-report
Topaz Energy Corp. Publishes Inaugural Sustainability Report

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[{"type":"text","content":"\n \n \n \n Topaz Energy Corp. Publishes Inaugural 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 CALGARY, AB\n \n ,\n \n Oct. 1, 2021\n \n /CNW/ - Topaz Energy Corp. (TSX: TPZ) (\"Topaz\" or the \"Company\") is pleased to announce the publication of its inaugural 2020 Sustainability Report which outlines how the Company has integrated environment, social & governance (\"ESG\") performance considerations within the Company's energy investment strategy. The report is available on the Company's website at\n \n www.topazenergy.ca\n \n .\n \n \n \n \n \n \n \n \n \n The Company's 2020 Sustainability Report covers its first full calendar year of operations, during which: Topaz established its executive team and ESG and sustainability practices; expanded its board of directors; completed an initial public offering; listed its shares on the TSX; and demonstrated its acquisition strategy which is focused on high quality, growth assets and top tier operators. The report shows how Topaz invests and evaluates its partners, in order to generate solid risk-adjusted financial returns, and verifies Topaz as a high quality, low-emissions royalty and infrastructure energy investment. Topaz looks forward to expanding its ESG disclosure in the future as the Company continues to advance beyond its formative year.\n \n \n Highlights of the report include:\n \n \n \n Environment:\n \n \n \n \n Focus on lower emissions energy investment underpinned by:\n \n \n \n gross overriding royalties - while Topaz is not exposed to future capital costs, associated emissions or abandonment obligations, partners and plays are thoughtfully selected on the basis of integrated economic and environmental sustainability; and\n \n \n non-operated ownership interests in new, state of the art natural gas processing facilities and certain water management infrastructure that together produce very low emissions.\n \n \n \n For Topaz, our strategic partnerships with high-quality operators attentive to environmental s...

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