Paramount Resources Ltd 2021 SR
The report highlights Paramount Resources Ltd.'s sustainability performance for 2020, featuring a 17% reduction in combined absolute Scope 1 and Scope 2 GHG emissions. The company successfully decommissioned 254 wells and abandoned approximately 500 kilometers of pipelines. Key initiatives included retrofitting 1,900 high vent controllers to reduce methane emissions and utilizing bi-fuel drilling rigs to decrease diesel consumption. Paramount also participated in the 2021 CDP Climate Change Survey and aligned its reporting with TCFD, SASB, and GRI frameworks. The report emphasizes the company's commitment to responsible energy development in Western Canada through its Paramount Operations Excellence Management System (POEMS).
Company: Paramount Resources Ltd
Sector: Energy
Country: Canada
Year: 2021
Type: SR
Pages: 42
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Paramount Resources Ltd
ESG Report
The report highlights Paramount Resources Ltd.'s sustainability performance for 2020, featuring a 17% reduction in combined absolute Scope 1 and Scope 2 GHG emissions. The company successfully decommissioned 254 wells and abandoned approximately 500 kilometers of pipelines. Key initiatives included retrofitting 1,900 high vent controllers to reduce methane emissions and utilizing bi-fuel drilling rigs to decrease diesel consumption. Paramount also participated in the 2021 CDP Climate Change Survey and aligned its reporting with TCFD, SASB, and GRI frameworks. The report emphasizes the company's commitment to responsible energy development in Western Canada through its Paramount Operations Excellence Management System (POEMS).
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Aug 4, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
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
Employees