July 12, 2021 — Trans Mountain Corporation has released its inaugural Environmental, Social and Governance (ESG) report. The report communicates the environmental, social and governance initiatives and key metrics that demonstrate progress to date and the company’s commitment to continual improvement.
In 2020, Trans Mountain aligned to the sense of urgency related to emission reductions and climate action. In the report, the company outlines its support for the Government of Canada’s ambition to be net zero by 2050 and will set its own targets to reduce and/or offset its scope 1 and scope 2 emissions to meet this goal.
“Trans Mountain’s success has been built on a solid and unwavering commitment to doing the right thing, for the right reasons. Reporting on our commitments, our performance and our aspirations through this report is our way of taking the next step and more broadly sharing our journey,” said Ian Anderson, President and CEO, Trans Mountain Corporation. “For the first time, in our inaugural ESG report, we are presenting our story through the lens of environment, social and governance considerations.”
As a federally-owned corporation, Trans Mountain is governed by an experienced Board of Directors and driven by a strong leadership team running the business as any other publicly-traded company would be—with transparency, attention to a long-term vision of growth and competitiveness and a strict adherence to ethics and compliance.
On the ground, Trans Mountain has a team of dedicated professionals safely operating and maintaining the Trans Mountain pipeline system across two provinces and into Washington state, and many more thousands of individuals who are working today to build the Trans Mountain Expansion Project.
Access to energy is a crucial component to raise and maintain the standard of living in communities at home and abroad. Midstream pipeline companies, like Trans Mountain, play a key role in safely connecting energy sources with people in Canada and around the world. As a responsible company, we strive to balance the economic, social, and environmental impacts of our activities, while serving this important function.