Targa Resources Corp. Releases Sustainability Report
09 Ottobre 2023 - 10:54PM
Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company")
announced today that its Sustainability Report for 2022 is now
available on the Company’s website at
https://www.targaresources.com/sustainability. The report advances
Targa’s sustainability disclosures and provides a review of Targa’s
performance for calendar year 2022 against various environmental,
social, and governance topics that are important to our industry
and our business.
Highlights of Targa’s Sustainability Report for
the 2022 calendar year include the following:
-
Reduced absolute methane emissions by 42% (as based on figures
reported to the EPA), making progress towards Targa’s 2025 methane
intensity reduction goals;
-
Reduced flaring intensity from emissions events in the Permian
Basin by 21%;
-
Reduced Scope 1 and Scope 2 Greenhouse Gas (“GHG”) emissions
intensity even when including newly acquired assets;
-
Exported approximately 4.8 billion gallons of liquefied petroleum
gas (“LPG”) globally that can displace higher GHG-emitting
fuels;
-
Demonstrated commitment to safety through a 26% decrease in Total
Recordable Incident Rate and 30% decrease in Preventable Motor
Vehicle Accident Rate;
-
Five Targa sites recognized by GPA Midstream for exceptional safety
records;
- Formalized
expectations through newly published Human Rights Policy and
Indigenous Peoples Policy;
- Published Task Force
on Climate-Related Financial Disclosures (“TCFD”) index on efforts
to identify climate-related risks and opportunities; and
- Board-level
Sustainability Committee continues to oversee management’s
implementation of strategy to integrate sustainability into various
business activities to create long-term stakeholder value.
The report also highlights efforts Targa has made or will
undergo in 2023, including:
- Increase methane
aerial surveys to cover all of Targa’s assets;
- Increase methane
aerial surveys to cover all of Targa’s assets in the Permian basin
twice during the year; and
- Increase hand-held
camera monitoring to quarterly at all compressor stations and
bi-monthly at all gas plants.
Please refer to the full sustainability report
for additional context regarding these highlights as well as other
sustainability matters. The report references the Global Reporting
Initiative (“GRI”) Standards, Sustainability Accounting Standards
Board (SASB) Oil & Gas - Midstream Standard, as well as TCFD.
In addition, Targa engaged an external third party to perform an
attest review engagement for certain greenhouse gas emissions and
employee safety data metrics disclosed in Targa’s 2022
Sustainability Report for the year ended December 31, 2022.
About Targa Resources Corp.
Targa Resources Corp. is a leading provider of
midstream services and is one of the largest independent midstream
infrastructure companies in North America. The Company owns,
operates, acquires and develops a diversified portfolio of
complementary domestic midstream infrastructure assets and its
operations are critical to the efficient, safe and reliable
delivery of energy across the United States and increasingly to the
world. The Company’s assets connect natural gas and NGLs to
domestic and international markets with growing demand for cleaner
fuels and feedstocks. The Company is primarily engaged in the
business of: gathering, compressing, treating, processing,
transporting, and purchasing and selling natural gas; transporting,
storing, fractionating, treating, and purchasing and selling NGLs
and NGL products, including services to LPG exporters; and
gathering, storing, terminaling, and purchasing and selling crude
oil.
Targa is a FORTUNE 500 company and is included
in the S&P 500.
For more information, please visit the Company’s
website at www.targaresources.com.
Regulation FD Disclosures
We use any of the following to comply with our
disclosure obligations under Regulation FD: press releases, SEC
filings, public conference calls, or our website. We routinely post
important information on our website at www.targaresources.com,
including information that may be deemed to be material. We
encourage investors and others interested in the company to monitor
these distribution channels for material disclosures.
Forward-Looking Statements
Certain statements in this release are
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements, other
than statements of historical facts, included in this release that
address activities, events or developments that the Company
expects, believes or anticipates will or may occur in the future,
are forward-looking statements, including statements regarding our
projected financial performance and capital spending. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of
uncertainties, factors and risks, many of which are outside the
Company’s control, which could cause results to differ materially
from those expected by management of the Company. Such risks and
uncertainties include, but are not limited to, weather, political,
economic and market conditions, including a decline in the price
and market demand for natural gas, natural gas liquids and crude
oil, the impact of pandemics or any other public health crises,
commodity price volatility due to ongoing or new global conflicts,
actions by the Organization of the Petroleum Exporting Countries
(“OPEC”) and non-OPEC oil producing countries, the impact of
disruptions in the bank and capital markets, including those
resulting from lack of access to liquidity for banking and
financial services firms, the timing and success of business
development efforts and other uncertainties. These and other
applicable uncertainties, factors and risks are described more
fully in the Company’s filings with the Securities and Exchange
Commission, including its most recent Annual Report on Form 10-K,
and any subsequently filed Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K. The Company does not undertake an
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or
otherwise.
Contact the Company's investor relations department by email at
InvestorRelations@targaresources.com or by phone at (713)
584-1133.
Sanjay LadVice President, Finance & Investor Relations
Jennifer KnealeChief Financial Officer
Grafico Azioni Targa Resources (NYSE:TRGP)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Targa Resources (NYSE:TRGP)
Storico
Da Giu 2023 a Giu 2024