Trans Mountain Releases 2022 Environmental, Social and Governance Report

Press Release

Jun. 26, 2023

Trans Mountain Corporation announced today the release of its 2022 Environmental, Social and Governance (ESG) report. The report highlights Trans Mountain’s continued dedication to managing ESG matters responsibly and being transparent about the organization’s progress on ESG topics relevant to our business.

Highlights from the report include Trans Mountain’s progress on 18 ESG commitments and notable achievements including:

Contributing to Indigenous reconciliation through our ongoing efforts to build lasting and respectful relationships and improving economic opportunities for Indigenous communities.
More than 3,100 Indigenous workers have been employed on the Expansion Project as of December 31, 2022.
Approximately 25 per cent of contracts on the Expansion Project have been awarded to Indigenous businesses and partnerships, totaling upwards of $4.8 billion.
Trans Mountain developed and delivered an Indigenous cultural awareness training module to all employees and contractors in 2022.
Conducting our operations in a responsible manner that is respectful of the environment and minimizes our impact to water, land and air.
As part of the Expansion Project, Trans Mountain’s teams conducted more than 18,700 person days of environmental inspection, completed more than 6,400 person days of Indigenous Monitoring, and more than 40,000 person days of technical field studies and monitoring were completed by third-party consultants.
Trans Mountain has one of the largest archaeological programs in Canada. To protect heritage resources, since 2016 the company has invested more than $40 million in archaeological studies and conducted more than 79,000 shovel tests.
Remaining steadfast in our focus on safety by protecting the health and safety of Trans Mountain’s employees, contractors, and the public.
More than 12,500 focused inspections were conducted on the Expansion Project.
Trans Mountain mentored 36 new hires through the company’s “Green Hand” new and young worker program and expanded the Safety Recognition Program corporate-wide with more than 400 rewards distributed to employees and contractors in 2022.

The company is governed by a skilled Board of Directors and driven by a strong leadership team conducting the business ethically and responsibly with transparency and attention to a long-term vision of growth.

Trans Mountain published its greenhouse gas (GHG) emissions reduction plan in late 2022 here. The company supports the Government of Canada’s ambition to be net zero by 2050 and has set targets to reduce and/or offset Scope 1 and Scope 2 emissions along with a milestone target to reduce absolute GHG emissions by 100,000 tonnes of CO₂e by 2030 (compared to the first full year of operations of the expanded system).

The report was prepared to align with requirements of the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD) and shares our contributions towards the United Nations Sustainable Development Goals (SDGs).

Trans Mountain plays a key role in safely connecting energy sources with people in Canada and around the world. As a responsible company, Trans Mountain strives to balance the economic, social, and environmental impacts of its activities, while serving this important function.

Read more about Trans Mountain’s ESG commitments here.

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