Published: October 20, 2021 |

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Pembina Pipeline Corporation announced its commitment to reduce the company’s greenhouse gas (GHG) emissions intensity by 30 percent by 2030, relative to baseline 2019 emissions. The GHG reduction target will help guide business decisions and improve overall emissions intensity performance while increasing Pembina’s long-term value and ensuring Canadian energy is developed and delivered responsibly.

“Pembina has never been one to shy away from a challenge. As the world around us continues to evolve, Pembina is embracing the opportunity to adapt, respond and contribute to a more sustainable future,” said Mick Dilger, Pembina’s president and chief executive officer.

“The meaningful target we have announced today is supported by a solid foundation of baseline emissions data that will drive accurate and consistent reporting across the organization moving forward,” added Dilger.

To meet the 2030 GHG emissions intensity target, Pembina will focus initially on operational opportunities, greater use of renewable and lower emission energy sources, and investments in a lower carbon economy.

OPERATIONAL OPPORTUNITIES

Pembina is pursuing initiatives that will lower both emissions and operating costs. Through a lens of continuous improvement, the company is taking further steps to reduce its environmental footprint while utilizing its assets more efficiently. Operational contributions to the achievement of Pembina’s target will include:

• Optimizing pipeline capacity and operations
• Constructing cogeneration facilities at the Empress NGL Extraction Facility and Duvernay Complex, as well as
  additional potential cogeneration projects at other facilities
• Modernizing and optimizing compression facilities to reduce the amount of energy consumed
• Enhancing leak detection and repair programs at facilities
• Reducing flaring and venting

RENEWABLE ENERGY AND INVESTING IN A LOWER CARBON ECONOMY

Pembina has a long history of evolving its business to meet our stakeholders’ needs. The energy evolution to a lower carbon economy will create new opportunities for Pembina and its stakeholders. Pembina has recently announced new initiatives, and is actively exploring others, that represent fundamentally strong business opportunities and at the same time will contribute to the achievement of its GHG emissions reduction target including:

• Increasing the use of renewable energy through efforts such as Pembina’s recently announced power purchase
  agreement with TransAlta on the Garden Plain Wind Power Project, as well as other potential renewable power
  purchase agreements across Pembina’s business
• Developing the Alberta Carbon Grid, which will allow Pembina to play a vital role in helping Alberta-based
  industries effectively manage emissions and contribute positively to a lower-carbon economy
• Evaluating pilot projects for carbon capture and storage at Pembina’s gas processing and fractionation facilities

SUSTAINABILITY DATA UPDATE

Pembina publishes a full-length sustainability report on a biennial basis and in interim years provides an update of its environmental, social and governance (ESG) performance metrics on its website. The company’s 2020 Sustainability Report, which was released in December 2020, included ESG performance data for the years 2017-2019. Today, Pembina released ESG performance data for 2020, highlights from which include:

• Pembina continued to deliver a safety record that exceeded the industry average, with a total recordable injury
  frequency that was more than 30 percent lower than the industry average
• Pembina invested over $9 million within communities where it operates and maintained all pre-pandemic
  community investment commitments. Through Pembina’s Community Investment Program, it partners with
  non-profit and charitable organizations to provide financial and in-kind support and engage employees to
  support communities through its volunteering and donation matching program.

For additional information on Pembina’s ESG performance, refer to the sustainability performance tables HERE

Over the past few years, in addition to significantly enhancing its disclosure, Pembina has actively advanced its overall ESG strategy by integrating sustainability within its long-term business planning and further embedding sustainability into its organizational structure and corporate policies and practices. Recent highlights from Pembina’s ESG journey include:

• Incorporated ESG performance into incentive compensation for all employees;
• Obtained independent third-party limited assurance of Pembina’s 2020 Scope 1 and Scope 2 GHG emissions
• Completed its inaugural carbon disclosure project submission
• Implemented a fugitive methane leak detection and repair (LDAR) program at all Canadian natural gas
  processing, natural gas pipeline transportation and handling operations. This program aims to reduce
  methane emissions by at least 40 percent from 2012 levels by 2025
• Amended the company’s code of ethics to include human rights; adopted a new anti-bribery policy and
  community relations policy; and updated its Indigenous and Tribal relations policy
• Continued to advance Pembina’s equity, inclusion, and diversity strategy
• Announced transformational Indigenous-led partnerships on two significant projects
• Pembina has successfully improved or maintained ESG scores and or rankings on the following globally
  recognized rating agencies: Sustainalytics ESG Rating; MSCI ESG Ratings; ISS Quality Score

About Pembina
Pembina is a leading transportation and midstream service provider that has been serving North America’s energy industry for more than 65 years. Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada. The company also owns gas gathering and processing facilities; an oil and natural gas liquids infrastructure and logistics business; and is growing an export terminals business. Pembina’s integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina’s service offering even further along the hydrocarbon value chain. These new developments will contribute to ensuring that hydrocarbons produced in the Western Canadian Sedimentary Basin and the other basins where Pembina operates can reach the highest value markets throughout the world.

To stop by Pembina’s website, CLICK HERE

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