ARC Resources Releases Sustainability Report

ARC Resources (TSX:ARC) has announced the release of its 2018 Sustainability Report, which details the company’s environmental, social, and governance performance and the critical role that ARC’s sustainability practices play in the company’s long-term strategy of risk-managed value creation.

ARC is a Canadian oil and gas company with operations focused in the Montney resource play in northeast British Columbia and the Pembina Cardium in Alberta.

As quoted from the press release:

“We are pleased to announce the release of our 2018 Sustainability Report, which highlights our leading environmental practices, commitment to corporate leadership, and accountability to our stakeholders,” said Myron Stadnyk, President and CEO. “Responsible development has shaped the company we are today and underpins our thinking for continued long-term success. We have set a 25 percent reduction target in our greenhouse gas intensity by the end of 2021, relative to our 2017 baseline, as we continue to deliver reliable and responsible energy to meet the world’s growing energy needs. Our innovation and strong culture of integrity will continue to shape positive outcomes in the future.”

The 2018 Sustainability Report marks ARC’s tenth year of formal sustainability reporting. ARC publishes a full-length sustainability report on a biennial basis and in interim years, provides an update on performance for key sustainability metrics on ARC’s website.

Click here to read the full announcement