Ring Energy Inc 2022 SR
The report outlines Ring Energy's ESG initiatives and performance for the 2020-2021 period, highlighting the formal implementation of the TARGET ZERO-365 HSE program. A major milestone was the transformational acquisition of Stronghold Energy's assets in August 2022, enhancing the company's scale in the Permian Basin. In 2021, the company achieved a zero Total Recordable Incident Rate and zero fatalities for both employees and contractors. Environmental disclosures include a baseline GHG emissions inventory and detailed water management data, noting that 100% of produced water was injected into company-owned wells. Governance was strengthened by aligning executive compensation with health, safety, and environmental performance.
Company: Ring Energy Inc
Sector: Energy
Country: United States
Year: 2022
Type: SR
Pages: 52
Ring Energy Inc
Sustainability Report
The report outlines Ring Energy's ESG initiatives and performance for the 2020-2021 period, highlighting the formal implementation of the TARGET ZERO-365 HSE program. A major milestone was the transformational acquisition of Stronghold Energy's assets in August 2022, enhancing the company's scale in the Permian Basin. In 2021, the company achieved a zero Total Recordable Incident Rate and zero fatalities for both employees and contractors. Environmental disclosures include a baseline GHG emissions inventory and detailed water management data, noting that 100% of produced water was injected into company-owned wells. Governance was strengthened by aligning executive compensation with health, safety, and environmental performance.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2020 - Dec 31, 2021
Fiscal Year
2021
Published
Dec 1, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
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