Climate Change and Environment

For decades the Canadian oil and gas industry has led the fight against emissions and is an incredible steward of the environment,

From recovering tailing ponds to investing in technology that reduces steam use and the emission of greenhouse gases, the oil and gas industry takes steps every day to fight the climate crisis.

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Counter-Points



Counter-Point:

The Canadian oil and gas industry is the #1 contributor to environmental spending in the country and make up 44% of the total investment. 

 

The total impact from oil-sands surface mining has been 0.03% of the entire boreal forest.

In 2016, the oil and gas industry accounted for $1.45 billion out of the $2 billion spent on clean technology in the 2016.

https://cleanresourceinnovation.com/preview-pdf/resource/CRIN%20Oil%20and%20Gas%20Innovation%20Ecosystem%20Presentation%202017.pdf 

Whitecap Resources eliminates more emissions with their carbon capture project in Saskatchewan than the entire company produces.

https://www.wcap.ca/sustainability/co2-sequestration#:~:text=At%20Whitecap%20Resources%2C%20we’re,Canada’s%20largest%20crude%20oil%20reservoirs.

50% of an electric vehicle is made from plastic. Canada produces nearly 4,667 kilotonnes of plastic per year from petrochemicals with the highest ESG standards in the world.
https://www.visualcapitalist.com/how-much-oil-electric-vehicle/

Studies

Evaluating temporal patterns of metals concentrations in floodplain lakes of the Athabasca Delta (Canada) relative to pre-industrial baselines

Title: Evaluating temporal patterns of metals concentrations in floodplain lakes of the Athabasca Delta (Canada) relative to pre-industrial baselines Author:  M.L.KayaJ.A.WiklundaC.R.RemmeraT.J.OwcabW.H.KlemtaL.K.NearyaK.BrownaE.MacDonaldaK.ThomsonbJ.M.VucicaK.WesenbergaR.I.HallaB.B.Wolfeb Publisher:  Science of The Total Environment   Date:  Volume 704, 20 February 2020, 135309 Full Text Article Summary: Lack of pre-industrial baseline data hampers assessment of oil sands river

ESG Disclosure Standards Template

Here is where you can find the template to submit comments on the International Financial Reporting Standard’s (IFRS) International Sustainability Standards Board (ISSB) proposed ESG Disclosures Link below: IFRS Submission Template

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