Pieridae Energy Ltd.
  • Pieridae (PEA) released its 2022 Environmental, Social and Governance report for the year ended December 31, 2021
  • Increased the percentage of women on Board from 12.5 per cent to 37.5 per cent from 2020 to 2022
  • Held three Indigenous knowledge-sharing events in 2021 and 2022, including a workshop for senior management
  • Pieridae focuses on the exploration, extraction and processing of natural gas and natural gas liquids
  • Pieridae Energy Ltd. (PEA) is down 3.35 per cent, trading at C$1.00 per share at 3:18 pm ET

Pieridae (PEA) released its 2022 Environmental, Social and Governance report for the year ended December 31, 2021.

Highlights:

  • Increased the percentage of women on Board from 12.5 per cent to 37.5 per cent from 2020 to 2022
  • Added a Director of ESG to the Senior Leadership Team in 2022
  • Performed an updated ESG Materiality Assessment with a broad range of stakeholders
  • Expanded ESG Data disclosures to follow the notable international reporting framework from the Sustainability Accounting Standards Board (SASB), in addition to referencing frameworks from the Taskforce on Climate Related Financial Disclosures (TSFD), and the Global Reporting Initiative (GRI)
  • Held three Indigenous knowledge-sharing events in 2021 and 2022, including a workshop for senior management
  • Reduced total Scope 1 GHG emissions by 5 per cent from 2020 to 2021 and reduced combined Scope 1 and 2 GHG emissions intensity by 2.8 per cent from 2020 to 2021
  • Contributed $125,000 of community and social investment funding in 2021 to organizations such as local food banks, community associations and events

Pieridae strives for excellence in all aspects of its ESG performance. The company’s ESG vision is to be responsible stewards of the environment, foster mutually beneficial relationships with Indigenous People in Canada and its stakeholders, and be leaders in demonstrating good governance to establish trust, act with purpose and support Pieridae’s business vision.

Pieridae focuses on exploring, extracting, and processing natural gas and natural gas liquids.

Pieridae Energy Ltd. (PEA) is down 3.85 per cent, trading at C$1.00 per share at 3:35 pm ET.


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