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at 20:29 Jul 15,2020
Sustainability

Sustainability

Building a positive legacy

Delivering the energy people need connects us to the land and communities where we operate.

For 65 years we’ve proudly managed our network of pipelines and facilities in a way that respects the people and environment where we work.

At Pembina we focus on:

  • the safety and integrity of our assets
  • reducing our environmental impacts
  • developing strong relationships 
  • reporting our economic contribution and financial performance

For more information on how we achieve our sustainability goals read our full report.

 

Sustainability Report​

 

Performance Tables

Pembina publishes a biennial sustainability report which allows us the opportunity to share key performance metrics with our customers, investors, communities and employees. Our inaugural report, published in 2018, established a strong foundation and was an important first step in our sustainability reporting journey. 

The 2018 Sustainability Report included data for the years 2015 to 2017. The tables below include updates for our 2018 performance and should be read together with the 2018 Sustainability Report.

2019 Sustainability Data Update

 

  2015 2016 2017 2018
Employee
Fatalities (#) 0 0 0 0
Total recordable injury frequency (TRIF)3 0.29 0.14 0.19 0.25
Motor vehicle incident frequency (MVI)4 0.76 0.83 1.36 0.46
Industry Average5
Fatalities (#) 0 0 0 0
Total recordable injury frequency (TRIF) 0.43 0.37 0.43 0.49
Motor vehicle incident frequency (MVI) 1.62 1.26 1.37 1.07
Third-Party Contractor
Fatalities (#) 0 16 0 0
Total recordable injury frequency (TRIF) 1.05 1.02 1.14 1.60
Motor vechicle incident frequency (MVI) 1.62 1.41 1.82 1.28

 

Asset Integrity Spending

$ million 2015 2016 2017 2018
Pipeline repairs & in-line inspections 80 67 48 47
Geotechnical 47 22 26 27
Facility integrity 5 7 8 3
Total 132 96 82 77










Integrity Digs and In-Line Inspections

  2015 2016 2017 2018
Integrity digs completed (#) 687 543 296 284
In-line inspections completed (#) 108 76 91 88
In-line inspection coverage length (km) 5,040 1,570 3,440 3,328

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Preventing Third-Party Damage7 

  2015 2016 2017 2018
One-Calls per km (average #) 0.65 1.37 1.45 1.26



 

Incidents (Spills, Releases and Significant Failures)7 

  2015 2016 2017 2018
Reported significant failures (#)8 2 1 0 0
Reportable spills (#) 6 9 7 5
Released substances from reportable spills (m3) 28 32 4 8
Reportable spill intensity
(m3 spilled/ mmboe delivered)		 0.0515 0.0577 0.0066 0.0096

GHG Emissions7,9,10,11,12 

Direct GHG Emissions13 

  2015 2016 2017 2018
Direct GHG Emissions (tCO2e)
Pipelines 37,201 34,576 38,879 29,397
Facilities 643,257 760,570 973,216 1,111,932
Total 680,458 795,146 1,012,095 1,141,329
Direct GHG Emissions Intensity (tCO2e/BOE)
Pipelines 0.0090 0.0077 0.0100 0.0076
Facilities 0.0047 0.0055 0.0063 0.0053
Total 0.0048 0.0055 0.0064 0.0054

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Indirect GHG Emissions14

  2015 2016 2017 2018
Indirect GHG Emissions (tCO2e)
Pipelines 270,796 311,776 311,979 452,971
Facilities 519,415 588,502 643,586 691,074
Total 790,211 900,278 955,565 1,144,045
Indirect GHG Emissions Intensity (tCO2e/BOE)
Pipelines 0.00067 0.00075 0.00069 0.00073
Facilities 0.0038 0.0042 0.0042 0.0033
Total 0.0015 0.0016 0.0016 0.0014

 

  2015 2016 2017 2018
High-risk assessments completed as part of historic liability program (%) 48 94 100 100
High-risk well sites receiving reclamation certificate as part of wellsite reclamation program (%) 015 29 34 46

Environmental Technician Program Performance16 

  2015 2016 2017 2018
Program Technicians trained 7 59 20 2
Program Technicians subsequently employed by band-owned businesses 2 18 41 18
Communities represented in program 2 13 15 7
Pembina projects with Technicians 1 3 5 11

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Aboriginal and Tribal Contracting and Procurement Performance

  2015 2016 2017 2018
Aboriginal and Tribal communities engaged for services Formal tracking of Aboriginal and Tribal contracts began in 2016 28 37 36
Aboriginal and Tribal suppliers utilized 68 112 91

 

  2015 2016 2017 2018
Value to communities ($ millions) 5.0 6.6 6.9 11.4
Hours volunteered (#) 559 3,286 4,049 5,562
Hours per employee (#)  0.4  2.4  2.5 2.9

Workforce Overview2,17 

  2015 2016 2017 2018
Permanent employees 1,245 1,329 1,528 1,942
Invoicing contractors18 426 417 539 690
Fixed-term employees 78 58 75 95
New hire permanent employees 231 157 287 471

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Workforce Composition2 

Permanent Employees 2015 2016 2017 2018 2018 % of Workforce Market Availability
Men 896 965 1,101 1,378 71% 69.7%
Women 349 364 427 564 29% 30.3%
             
Aboriginal peoples 53 57 65 78 4% 4.4%
Persons with disabilities 14 15 14 16 0.8% 8.2%
Visible minorities 130 126 145 220 11.3% 17.8%

Financial Performance7,19 

Company Financial Snapshot

  2015 2016 2017 2018
TSX common share trading price ($/share)17 30.15 41.96 45.51 40.51
TSX 52-week trading range ($/share) 43.66 - 27.75 42.73 - 32.32 46.17 - 39.04 47.52 - 38.49
Market capitalization17,20 ($ millions) 12,286 18,260 21,688 20,580
Total enterprise value17,21 ($ millions) 15,450 22,245 32,410 30,120
Common share dividend paid ($/share) 1.79 1.89 2.02 2.23
Yield17  6.07% 4.58% 4.75% 5.63%
Corporate credit rating21 BBB/BBB BBB/BBB BBB/BBB BBB/BBB












 


Capital Expenditures and Acquisitions

  2015 2016 2017 2018
Capital expenditures 1,811 1,745 1,839 1,226
Acquisitions - 566 6,400 -
Total 1,811 2,311 8,239 1,226
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Economic Value Generated, Distributed and Retained7 

  2015 2016 2017 2018
Net revenue22  1,507  1,764  2,238 2,836
 Total Economic Value Generated23  1,507  1,764  2,238 2,836
         
Operating and general and administrative expenses24  276  215  263 323
Employee wages and benefits  254  299  350 420
Payments to governments25  80  100  94 123
Payments to providers of capital26  433  576  1,029 1,561
Community Investments 3 4 4 8
 Total Economic Value Distributed  1,046  1,230  1,740 2,435
         
 Total Economic Value Retained  461  534  506 402

Definitions

"km" means kilometres
"m3" means metres cubed
"mmboe" means millions of barrels of oil equivalent
"tCO2e" means tons of carbon dioxide equivalent


Footnotes

1Unless otherwise noted, the data reflects all Pembina majority-owned and operated assets. Assets which are jointly-owned and which Pembina does not operate are excluded. Except where specifically noted, the assets assumed by way of the acquisition of Veresen Inc., which closed on October 1, 2017, are also excluded from the reported data.
2Workforce data for 2018 is inclusive of certain assets which Pembina assumed by way of the acquisition of Veresen Inc., which closed on October 1, 2017 including Alliance Pipeline, Jordan Cove, Alberta Ethane Gathering System, and Veresen Midstream Limited Partnership.
3Total recordable injury frequency (TRIV) is defined as the number of recordable injuries per 200,000 hours of work.
4Motor vehicle incident frequency (MVI) is the number of preventable incidents per 1,000,000 kms driven.
5Industry Average based on employee data from member companies reported by the Canadian Energy Pipeline Association (CEPA).
6On April 27, 2016, a prime contractor was fatally injured while working at the Williams' Redwater Olefinic facility located in Redwater, Alberta. Press release
7Prior periods (2015 – 2017) have been restated from data reported in Pembina's 2018 Sustainability Report.
8Pembina uses CEPA's definition of a significant failure incident – a failure incident that includes one or more of the following: caused a serious injury or fatality, caused a liquid release of greater than 8 m3 (50 US barrels), produced an unintentional ignition or fire, or occurred as a rupture.
9Pembina participates in the following applicable regulated emission reporting programs: Canadian Greenhouse Gas Emissions Reporting Program; Alberta Carbon Competitiveness Incentive Regulations; British Columbia Greenhouse Gas Emission Reporting Regulation; and the Canadian National Pollutant Release Inventory Reporting Program.
10The reported emissions are based on direct emission sources primarily using metered fuel volumes or invoiced volumes; however, in instances where metering data is not available, calculated emissions from sources were determined using industry and regulatory accepted methods.
11The revisions are the result of changes to Pembina's calculation methodology, including revisions to the underlying carbon factors and the classification of assets between the Pipelines and Facilities Divisions.
12GHG emissions data includes: i) emissions related to the Alberta Ethane Gathering System (AEGS), acquired from Veresen Inc in October 2017; and ii) emissions related to the Younger NGL Extraction Facility beginning in April 2018 when Pembina became operator of the facility.
13Direct GHG Emissions (e.g. Scope 1) sources in the reported data include emissions from operational stationary combustion equipment, fugitive component leaks, as well as flaring and venting activities at gas processing facilities, and vented emissions from storage tanks.
14Indirect GHG Emissions (e.g. Scope 2 and 3) sources in the reported data include the electrical consumption used to power natural gas and NGL processing plants and pipeline systems. Sources of indirect emissions, such as those from office buildings, fleet use and employee travel (e.g. in vehicles other than fleet vehicles or air travel) are currently not included in this report.
15Reclamation certificate reviews delayed by regulator until 2016.
16Previously referred to as the "Environmental Trainee Program".
17At December 31 each year.
18Represents invoicing contractors as of the date listed. These numbers fluctuate throughout the year based on business requirements.
19This report refers to the terms net revenue and adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA), which do not have any standardized meaning under IFRS ("Non-GAAP Measures"). Please refer to "Non-GAAP Measures" in the 2018 Sustainability Report and the Company's other disclosure including the quarterly and annual Management's Discussion and Analysis available on SEDAR or at www.pembina.com. This report also refers to certain other terms commonly used to satisfy sustainability reporting requirements. These terms are not necessarily used by Pembina in the management of the business.
20Market capitalization includes common shares. Total enterprise value includes common shares, convertible debentures, preferred shares and senior debt less cash.
21DBRS and S&P.
22Net Revenue represents revenue less cost of sales.
23Economic Value Generated is equivalent to Net Revenue. See "Non-GAAP Measures" in the 2018 Sustainability Report and the Company's other disclosure including the quarterly and annual Management's Discussion and Analysis available on SEDAR or at www.pembina.com.
24Operating expenses plus general and administrative expenses less personnel expenses.
25Current income taxes plus property taxes.
26Dividends paid plus net finance costs plus interest paid during construction.
Operating Management System (OMS)

A big part of sustainability is caring about everything we do for the long term.

To achieve excellence in our operations, we need strong processes, so Pembina has put in place an Operating Management System (OMS). This system of checks and balances governs what we do in safety, security, emergency management and environment, among many other areas.

The OMS is a framework for planning, implementation, checking and corrective action. It’s an important part of Pembina’s commitment to regulatory compliance and is reviewed and approved by our executive team every year.