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SECURE Energy Releases 2021 Sustainability Report

Press Release

CALGARY, AB, May 2, 2022  – SECURE ENERGY Services Inc. (“SECURE”, the “Corporation”, “we” or “our”) (TSX: SES) announced today the release of its 2021 Sustainability Report outlining the Corporation’s environment, social and governance (ESG) performance progress. This report is the first combined report for SECURE following its merger with Tervita Corporation on July 2, 2021.

“Embedding ESG factors into our business is a core element of our corporate strategy,” said Rene Amirault, President and CEO. “We recognize that our long-term success goes beyond the financial metrics of our business, and we focus on connecting our strong employee culture with our corporate strategies to drive improved ESG performance. Leading safety practices, strong governance, minimizing environmental impacts, and making positive contributions in the communities where we live and work continue to drive SECURE’s initiatives.”

2021 Sustainability Report Highlights

  • Reiterate our goal of achieving Net-Zero greenhouse gas (GHG) emissions by 2050
  • Short-term target of reducing GHG emissions intensity by 15% by the end of 2024
  • Evaluating opportunities to participate in carbon capture and sequestration
  • Targeting 5% reduction in freshwater water usage in 2022
2021 Accomplishments
  • Lowered GHG energy intensity across our business lines by approximately 9% compared to 2020 despite increased activity;
  • Reduced Scope 1 and 2 GHG emissions by 12% and 4%, respectively;
  • Our recovery processes and pipelines resulted in the avoidance of 128,240 tonnes of CO2e, enough to offset all our Scope 1 emissions;
  • Continued our Indigenous Relations partnerships, worked with 89 Indigenous suppliers and invested $10.5 million with Indigenous businesses;
  • Installed temporary caps at certain landfill cells to reduce leachate generated and its associated environmental impact;
  • Maintained the number of women on the Board of Directors at 25%; achieving our set target in 2021
  • Appointed an independent director as Chairman of the Board; and
  • Appointed Rhonda Rudnitski as Vice President, Environment, Social and Governance, a newly established senior leadership position that affirms the Corporation’s commitment to sustainability.

SECURE is a dedicated sustainability partner to our customers and we work collaboratively to challenge what’s possible to develop innovative solutions that are both cost effective and minimize environmental impacts while providing community benefits. The solutions we provide are designed not only to help reduce costs, but also lower emissions, increase safety, manage water, recycle by-products and protect the environment. During 2021, we helped our customers accomplish the following:

  • At our 61 Midstream Processing Facilities, 1.6 million barrels of crude oil were recovered from customer waste. Since 2018, SECURE has avoided the generation of 164,258 tonnes of CO2e by recovering crude oil from waste;
  • Treated over 41,000 tonnes of contaminated soil on our customers’ sites and reclaimed over 300 hectares of land; and
  • At our five metal recycling facilities, over 197,000 tonnes of scrap metal were recycled in 2021, avoiding 86,816 tonnes of greenhouse gas emissions by recycling.

SECURE’s 2021 Sustainability Report was prepared in accordance with Global Reporting Initiative (GRI) Standards, Sustainability Accounting Standards Board (SASB) and the United Nations Sustainable Development Goals (SDGs). SECURE plans to report within the Task Force on Climate-Related Financial Disclosure framework and release a Climate Action Plan by the end of 2022 to build on the previously released Climate Policy.

For further information: Rene Amirault, President and Chief Executive Officer; Allen Gransc, Chief Operating Officer; Chad Magus, Chief Financial Officer, Phone: (403) 984-6100, Fax: (403) 984-6101, Email: [email protected], Website: www.secure-energy.com, TSX Symbol: SES

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