Sustainability

At a glance

By 2050, global electric-power generating capacity is expected to increase between 50 to 100%, with electricity generation demand increasing by 30 to 76% (USEIA). The increasing energy demand must be met in more climate-aligned ways. With Steel Reef’s expanding network of utility-grade infrastructure, we continue to power potential and push the boundaries of what is possible to power the ever-expanding demand for electricity.

Informed by our humble rural Canadian roots, we are focused on sustainability in our decisions and actions every day. Sustainability is integral in our ability to support the energy community in capturing wasted energy, processing and distributing associated natural gas, and bringing in net new electricity production and distribution for homes, communities and businesses.

Steel Reef has Environmental, Social, and Governance (ESG) goals to ensure we are positioned for strong and sustainable growth long into the future.

Steel Reef’s Board and ESG Advisory Committee, provides oversight of value creation opportunities and the assessment and oversight of ESG-related risks.

Steel Reef has incorporated ESG factors into the mandate of its Board committees, ensuring that sustainability-related matters receive the highest level of oversight from the Board on a quarterly basis.

140M

cubic feet per day of captured flare gas

1.45M

Annual amount of captured gas displaces the equivalent average emissions of 1.45 million homes per year

40%

of corporate employees are women

~$180K

donated to ~100 community organizations in 2023
Beautiful landscape view of a forest and river.

Environment

By leading the way in flare gas capture in Saskatchewan, we contribute significantly to global emission reduction efforts. Our dedication lies in developing sustainable and economically feasible solutions to mitigate environmental impacts for both our company and our clients.

Social

At the core of our social performance lies our commitment to safe and reliable operations. Upholding values of discipline, respect, and excellence, we foster a workplace environment that encourages engagement, accountability, equal representation, innovation and creativity.
Mid adult man walking alongside a senior landowner and having a discussion.
A woman reading book to her children with a lamp on.

Community

Community involvement is a core pillar of our culture as these are the places we, too, live, work and play. Our team actively volunteers with, and contributes to, local charities and community-led programs, championing our dedication to community enhancement.