“Tourmaline continues to focus on generating results for our stakeholders by setting technically feasible targets that provide real results now. Not only does this improve our operational efficiencies, but it reduces our environmental impact today as we strive to be the lowest-cost, lowest emission natural gas producer in North America.”
Michael Rose
President, Chief Executive Officer & Chairman
Making the grade
in the MSCI ESG ratings assessment
Reducing emissions
34%reduction in CO2 emissions intensity since 2013
Industry leader
LowestGHG emissions intensity among Canadian senior producers
Tourmaline is Canada’s largest natural gas producer.
Tourmaline is proudly Canadian. We are headquartered in Calgary, Alberta, and have significant positions in three of Western Canada’s major resource plays: the Alberta Deep Basin, the northeast British Columbia Montney complex and the Peace River High Charlie Lake complex.
We’re proud to send our natural gas across Canada, into the U.S. and to other markets, warming and powering the lives of many. Our goal is to have the largest, lowest development cost and lowest-emission natural gas supply in North America.
Significant production
>500,000 boepdexit production 2021
Integrated value chain
5th largestCanadian processing midstream operator
Sustainable producer
75+ yearsof drilling inventory
Materiality Assessment
In 2020, we conducted our first formal materiality assessment that identified five key ESG focus areas for Tourmaline:
- Business Ethics
- GHG Emissions
- Water
- Spills
- Health and Safety
We’ve set ambitious targets to guide Tourmaline’s ESG performance and help our business remain resilient as the world transitions to a low-carbon economy.
Reduce our total methane emissions by 25% from 2018 levels by 2023 Target achieved in 2020
Achieve a 25% reduction in corporate emissions intensity (scope 1) from 2018 levels by 2027
Eliminate the use of fresh water throughout our core gas operations
Innovation is at the heart of everything we do.
A proud partner in the Natural Gas Innovation Fund (NGIF)
We’re dedicated to not only continuously improving our own environmental performance but to elevating the performance of the industry, as a whole. Tourmaline is a proud participant and investor in NGIF, initiated by the Canadian Gas Association to support the funding of cleantech innovation and fill the technology development gap throughout the natural gas value chain.
Emissions Testing Centre (ETC)
Tourmaline has partnered with NGIF, Natural Resources Canada, the University of Calgary and Perpetual Energy Ltd. to develop the first ETC in Canada. At our West Wolf gas processing plant in Alberta, cleantech companies will be able to perform live emissions testing and field-test their technologies. We believe this ground-breaking ETC will allow Tourmaline and other companies to test and develop the best emerging technologies to reduce our impacts on air, water and land.
