SECURE is committed to achieving net-zero greenhouse gas emissions by 2050
Climate change is a global challenge and we believe that every individual, organization, industry and government has a responsibility to reduce GHG emissions and transition toward a lower emission future. SECURE is committed to participating in this effort by reducing our own emissions and seeking opportunities to help our customers achieve their emission reduction targets and advance the energy transformation so that we can collectively help Canada reach net-zero by 2050. SECURE is committed to undertaking actions within its operations to respond to climate change. Delivering the most environmentally responsible energy so that people and communities thrive is core to our vision of a sustainable future.
In this section, you'll find details on:
- Climate Change Action
- SECURE's Operations and Impact on Climate
- Climate Action Plan
- Natural Gas Consumption
- Mitigating the Impacts of Climate Change
- Greenhouse Gas Emission Intensity
- Energy Efficiency Projects
- Fleet Management
Decrease in Absolute Emissions
Decrease in Scope 1 Emissions vs. 2020
Tonnes of CO2e generation avoided, since 2018, from
Tonnes of CO2e generation avoided by recycling 197,310
UN Sustainable Development Goals
13. Climate Action
SECURE is committed to taking meaningful action to combat climate change and its impacts. All levels of the organization are engaged to improve the energy efficiency and reduce emissions of our current operations and to consider energy efficiency and a lower emission economy in our future capital investments. SECURE is focused on developing and implementing best practices and applying new and existing technologies to achieve our objectives as the world strives to meet emission reduction targets.
Climate Change Action
To fulfill our climate change commitment, SECURE is formalizing a Climate Action Plan to direct our efforts on energy efficiency and emissions reduction.
SECURE commits to addressing climate considerations in our overall business strategy, corporate development, risk management and business models. Our climate strategy includes short and long-term emission reduction targets to achieve net-zero emissions by 2050. SECURE is committed to providing clear, transparent reporting on material climate change issues.
SECURE is committed to taking action on climate change by reducing our own emissions and providing services that support our customers in transitioning to a lower emission economy. In Q4 2021, SECURE took its first steps towards the energy transformation by exploring potential Carbon Sequestration projects. SECURE’s operational skillset and industry experience with disposal well operations and midstream infrastructure aligns with what is required to successfully operate sequestration facilities.
Exploring Transition Technologies
SECURE is exploring new technologies to reduce emissions from our current operations, while also seeking opportunities to offer our customers ways of reducing their emissions. SECURE is investigating ways to drive energy efficiency in our day-to-day operations; potential options include heat recovery, boiler efficiency and use of less carbon intense fuels in our yellow iron and vehicle fleets. We are assessing opportunities in carbon capture and storage, compressed natural gas (CNG) and hydrogen so we can offer our customers services and options that support the energy transformation. Finally, embracing new digital technologies to improve performance, reduce cost and improve energy efficiency will drive business resilience for SECURE and its customers.
Climate change has the potential to impact multiple aspects of SECURE’s business; it poses both risks and opportunities. The most significant climate risk factors that can impact our business include wildfires, flooding, water scarcity and temperature extremes. These conditions have the potential to threaten business continuity and damage assets in both our own business and that of our customers. Including climate impacts in our business risk assessments and ESG materiality assessments enables us to prioritize climate risk equally with other business risks and ensures that we implement strategies to mitigate our most material risks. As the science around climate change evolves climate-related business risk and materiality assessments will be re-evaluated and prioritized to reflect emerging scientific understanding.