On behalf of SaskEnergy, I am pleased to present our 2020-21 Sustainability Report.
This report is an important milestone in our sustainability journey and provides an overview of our continued progress on environmental, social and governance (ESG) principles such as stewardship, community collaboration and socially conscious business practices. It also provides an outlook on the long-term goals and objectives we have set for the Corporation.
While this is SaskEnergy’s first sustainability report, the information presented demonstrates how ESG principles have long been incorporated into our business plans, operations and actions, and in our areas of focus for future success.
We recognize that access to safe, reliable, affordable energy is critical to the residents, businesses and industries we serve. We are also mindful of our responsibility to contribute to the protection of the environment while supporting the social and economic prosperity of Saskatchewan communities.
Natural gas provides residents and businesses with a resilient and reliable source of energy, especially during some of the country’s most extreme weather. As the largest distributor of energy in the province, it is important that SaskEnergy can continue to serve the people of Saskatchewan for decades to come.
It is through our commitment to ESG principles that we will remain sustainable.
At the same time, natural gas utilities are facing increasing pressure and a clear call to action — reduce emissions as we move into a lower-carbon future. SaskEnergy knows the important role we play in reducing greenhouse gas emissions (GHG) while providing critical energy for a greener Saskatchewan. Sustainability is at the core of every decision we make. We are proud of our strong history of ESG leadership and will build on this legacy as we continue to advance our sustainability efforts.
SaskEnergy has made a commitment to reduce our emissions from operations by 35 per cent by 2030. We also commit to supporting customers in making their homes and businesses more energy efficient, which has an immediate environmental impact of up to a 50 per cent reduction in GHG emissions. Over the last 10 years, SaskEnergy has invested more than $6.3 million in rebates to help customers improve their gas appliance efficiency and we will double our annual investment in the upcoming years. Collaboration and strong relationships with customers, stakeholders and Indigenous communities — as well as a strong workforce reflective of the Saskatchewan population — will also continue to be important areas of focus.
I want to thank all SaskEnergy employees for their dedication during a challenging year and for all their work, past and present, to pursue our vision of environmental sustainability and economic prosperity for future generations.
SaskEnergy President and CEO