MEG Energy Corp 2023 SR
The report highlights MEG Energy's commitment to achieving net zero Scope 1 and 2 GHG emissions by 2050, with a mid-term target to reduce absolute emissions by 0.63 megatonnes by 2030. In 2022, the company maintained zero fresh water use in thermal operations and achieved a 15% lower GHG intensity than the in situ industry average. Safety performance remained strong with zero employee recordable injuries. MEG also advanced Indigenous reconciliation, spending $72 million with Indigenous businesses, a 30% increase from the previous year. Furthermore, the company reached its board diversity targets ahead of schedule, with 33% women and 44% diverse persons on the Board.
Company: MEG Energy Corp
Sector: Energy
Country: Canada
Year: 2023
Type: SR
Pages: 97
MEG Energy Corp
ESG Report
The report highlights MEG Energy's commitment to achieving net zero Scope 1 and 2 GHG emissions by 2050, with a mid-term target to reduce absolute emissions by 0.63 megatonnes by 2030. In 2022, the company maintained zero fresh water use in thermal operations and achieved a 15% lower GHG intensity than the in situ industry average. Safety performance remained strong with zero employee recordable injuries. MEG also advanced Indigenous reconciliation, spending $72 million with Indigenous businesses, a 30% increase from the previous year. Furthermore, the company reached its board diversity targets ahead of schedule, with 33% women and 44% diverse persons on the Board.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Sep 8, 2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees