ESG Insight™ delivers environmental and social performance information at the industry sector and operator level based entirely on authoritative data gathered in mandated federal and provincial programs. ESG Insight™ leverages peer reviewed methods.
Explore environmental and social performance by operator or across operators at geographic scale (e.g., by province, municipality, or electoral district) using self service analytics.
Benchmark company performance versus peers based on absolute values (e.g., tonnes of greenhouse gas emissions) and intensities with our benchmarking report series.
Create the custom analyses required to meet your unique use cases with access to our comprehensive dataset and the support of our experts.
ESG Insight™ allows benchmarking based on absolute impacts (e.g., tonnes of greenhouse gases emitted) as well and intensities which allow the performance of operators of different sizes to be compared. Olympic ranking (e.g., operator accounts for the 4th total emissions of 20 operators) and percentile ranking (e.g., 23% of operators have a lower intensity / superior performance) are available. All information derived with ESG Insight is available at geographic scale (e.g., benchmarking is available relative to province, municipality, or electoral district). The below table describes the ESG areas available to explore, benchmark and create custom analyses with using ESG Insight™.
- Greenhouse Gases
- Environmental liability
- Air emissions
- Public safety
- Workplace safety
- Water use
- Payments to governments
Scope 1 greenhouse gas emissions – direct facility emissions
- Scope 1 greenhouse gas (GHG) emissions derived from all upstream oil and gas facilities are available. GHGs associated with all oil and gas facilities not reporting into the federal Greenhouse Gas Reporting are derived based on Alberta Technology Innovation and Emissions Reduction Regulation program methodologies (stationary combustion, flaring, venting) and the latest research performed for Natural Resources Canada and the Alberta Energy Regulator (fugitives, pneumatic venting).
Scope 2 greenhouse gas emissions – emissions associated with imported quantities of electricity or heat
- Data describing greenhouse gas (GHG) emissions associated with imported quantities of heat or electricity has been retrieved from the Alberta Government. Methodologies used to derive scope two emissions for oil sands in-situ, oil sands mines (stand-alone and integrated), and conventional gas plants are peer reviewed.
- The Liability Management Rating (LMR) calculates the ratio of an upstream oil and gas producer’s assets to its liabilities to determine the likelihood that the producer will meet its abandonment and reclamation obligations. The LMR provides important insight into the financial health of upstream oil and gas operators. ESG Insight™ calculates an operator specific LMR based on the latest regulator data. The methodology applied is consistent with that used by the Alberta Energy Regulator but has been enhanced to consider operator specific production by product type and the latest commodity prices.
- It is understood by industry, government, and energy regulators that the cost of reclaiming oil and gas assets is underestimated in current regulation. Should the user wish ESG Insight™ a reclamation cost increment to be defined which will be dynamically factored into well/facility/pipeline environmental liability estimates as well as Liability Management Rating inputs.
- Abandonment and reclamation cost estimates for all wells, pipelines, and facilities (i.e., both inactive and active assets) are available through ESG Insight™. Costs are estimated based on the method used by the Alberta Energy Regulator.
Data describing pollutants associated with upstream oil and gas operations are made available by Environment and Climate Change Canada, Energy Regulators, multi-province initiatives (e.g., FracFocus) and production accounting systems (e.g., Petrinex). Each of these data sources describes the quantify of pollutant substances released but does not present information regarding human or environmental hazards or seek to group the substances by hazard category. ESG Insight™ allows user to analyze pollutants based on the GreenScreen for Safer Chemicals method. The GreenScreen method allows pollutants to be classified into benchmark categories (e.g., Benchmark 1: Avoid – Chemical of High Concern), human health effects (e.g., carcinogenicity) and ecotoxic effects (e.g., acute aquatic toxicity).
Data describing the fresh, alternative, and recycled water use of upstream oil and gas operators has been integrated and associated performance information is available in ESG Insight™.
- Dedicated instance
- Should customization or integration with client data systems be desired ESG Insight™ may be delivered as a client dedicated cloud or on-premise solution.
- If customization and/or integration with internal systems and data is not required licenses to a multi-client cloud-based solution of ESG Insight™ are available.