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We are committed to racial equality and fostering a culture of diversity and inclusion throughout our organization, a commitment that both starts with, and is reflected in, our board of directors.
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We have made diversity and inclusion an important part of our hiring and retention efforts.
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The CHRO is also responsible for the design of employee compensation and benefits programs in addition to promoting diversity and inclusion throughout the company.
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Our global footprint has over internationally in more than 30 countries.
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This includes compliance with all relevant legal requirements, environmental standards, and fair employment practices and prohibition of any form of child, forced, or compulsory labor.
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Following the roll out of our sustainability data capture and reporting system in supply chain assessment module is planned for implementation.
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In the first quarter of formed a dedicated Environmental, Social and Governance Committee (ESG) board committee to oversee the Company’s policies, programs and practices regarding matters related to sustainability responsibilities, and the Company’s management of risks and opportunities in these areas.
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GHG emissions are measured in carbon dioxide equivalents.
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Disclose Scope 1, Scope 2, and, if appropriate, Scope 3, greenhouse gas (GHG) emissions, and the related risks.
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Impacts of speed of regulatory shift on business planning, strategy and cost structures to comply with new and additional regulation.
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Low carbon access to green debt and lowering of cost of capital.
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Access to government funding/grants for new green technology, e.g., ENOVA, a Norwegian Government agency which pays for vessel battery upgrades in Norway.
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While this is Redfin’s first report on our environmental, social and governance commitments, we’ve always known that any company built to last has to contribute to a better world.
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And we’ve been a thought leader on limiting housing’s contributions to greenhouse gasses, publishing essays on home electrification and the cost savings from solar panels; if your home is heated by fossil fuels, it can contribute more to global warming than your car.
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The foundation of that commitment is the diversity of our workforce: as of December people of color, compared to an industry average of 23%; 9% were Black, compared to an industry average of 8%.
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We publish a report on the diversity of our workforce every year, and have based our executives’ bonuses in part on the diversity of our employees and our management.
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An Industry Leader in Diversity Over the past year, we’ve recruited more agents to serve low-priced homes, and become more systematic about how we assign customers to agents and also how we assign agents to neighborhoods.
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Our Down Payment Assistance Programs resource provides information on federal, state, and local down payment assistance programs for families.
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At Redfin, our commitment to diversity and inclusion is integrated into the daily conversations we have about what products to offer and what not to offer on our websites.
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Fair Lending with Bay Equity Mortgage With Redfin’s acquisition of Bay Equity in customers loans at competitive rates via a mortgage company with a shared commitment to diversity and inclusion.
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Redfin Rise Redfin Rise, our philanthropic arm, gives back to our communities through a variety of initiatives including: building partnerships and supporting nonprofit organizations; team member engagement opportunities; diversity, equity and inclusion initiatives; and sharing vital information and resources to help underserved individuals and families become homeowners.
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Community Partnerships Through Rise, Redfin supported and partnered with four nonprofit organizations that are advancing racial diversity within the residential real estate industry by creating opportunities for families through various homeownership programs and initiatives.
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At Redfin, we aim to leverage our platform to educate a broad range of stakeholders, including consumers, reporters, academics and policymakers about physical environmental and climate transition risks facing the real estate industry.
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We employ a team of data journalists and economists to research and report on emerging trends related to housing and climate impacts.
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Search FEMA Flood Map by Address and So Much More Sustainable Living In addition to thought leadership on climate change, we use our platform to help educate consumers on ways to live more sustainably and reduce their own carbon footprints.
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The energy cost estimate tool also provides information on how much homeowners could save by installing solar panels.
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Since Redfin is a service company, our own carbon footprint is mainly tied to corporate offices, local offices and agent travel.
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Redfin is always looking for opportunities to optimize our footprint as our headcount, growth and work model evolve.
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The carbon footprint of our physical office spaces is relatively small, and energy used is primarily focused on lighting, heating and cooling.
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We leveraged the COVID�re-evaluate local office footprint, and have begun an effort to right-size our physical office space portfolio, as we believe that reducing our real estate portfolio will streamline our operations and reduce our environmental impact.
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Many of our field and headquarters employees still take advantage of hybrid or fully remote work models that reduce the environmental impact of commuting long distances.
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In terms of energy management, our provider, Amazon Web Services �AWS�, is median enterprise data center in the U.S. and expects to power its platform with 100% renewable energy by 2025.
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Moving to the cloud improves the efficiency of our data centers, reduces costs and should shrink our environmental footprint in the long term.
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Diversity, Equity, and Inclusion The reflection of a diverse workforce, inclusive culture, and equitable practices are vital to our mission to make real estate better for all.
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Diversity Advisory Council Redfin’s Diversity Advisory Council makes our commitment to diversity and inclusion more visible and concrete for employees.
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Council selection is based on internal talent review input, job level, role within the organization, a mix of tenure with Redfin and a person’s identification with one or more dimensions of diversity.
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Members participate in networking, education and career development opportunities while also being a resource to help us gain critical employee feedback.
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Measuring our Success Redfin reports on the racial/ethnic and gender diversity of our employees on an annual basis.
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Here is the blog post for Diversity At Redfin In 2022.
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We know that the continued focus on increasing diversity among our management will create opportunities for us to make more inclusive and informed decisions as we build diverse teams.
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We are committed to maintaining a work environment where all employees at every level are treated with dignity and respect, free from discrimination and harassment, and can devote their full attention and best efforts to their job.
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Please see our latest proxy for more information on our risk oversight, board diversity, committee composition and director nomination process.
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While the analysis we undertook in gas demand scenarios, including one where global warming is limited to a less than two-degree Celsius rise, we know we must do more.
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As such, we have set a target to reduce our greenhouse gas emissions intensity by zero emissions by 2050.
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While the work we’re undertaking to meet our directionally on the path to net zero, investing in new technologies and carbon offsets is needed, along with an economy-wide ecosystem that enables cost-effective solutions globally.
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Our drive to leverage innovation and technology includes using third-party artificial intelligence which has lowered the steam-oil ratio, and therefore emissions intensity, at our Lloyd thermal projects.
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Husky has the opportunity to responsibly produce the energy the world needs while making improvements that start to address climate change.
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This year we have been reminded, yet again, that we all have more work to do to confront racism and intolerance in all its forms, and ensure we are moving towards more inclusion and diversity, building on our common bonds.
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We have introduced a gender diversity target, with the goal of having women in 25% of positions at the Vice President level and above.
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A and a closer look at Husky’s approach to diversity.
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Summary of key numbers related to the Company’s operations and environmental, social and governance performance.
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All data as at December 1 Indicators from IPIECA/API/IOGP oil and gas industry guidance on voluntary sustainability reporting (2015).
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The carbon intensity numerator excludes the following emissions: drilling and completions, Pounder Emulsions and dryer emissions from both ethanol plants.
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and nitrous oxide (N2O), reported as CO2 equivalent (CO2e).
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Scope emissions do not include emissions from biological sources, such as fermentation process emissions at Husky’s ethanol plants, and emissions from some on-site transportation, which are unavailable and not material.
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all facilities where criteria air contaminant emissions have been reported to the regulator.
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and Air Emissions and Land Use and Reclamation.
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Some of our key metrics, including total energy use, Scope emissions and fresh water withdrawal, are verified through independent, limited assurance.
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Another priority area is climate-related risks, including understanding physical risks to our business, changes to market demand for our products and the financial impacts.
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In emissions reduction target, with the long-term aspiration to achieve net zero emissions from the energy we produce by 2050.
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At Husky, whether it’s delivering energy each day, improving occupational and process safety, addressing climate change or promoting diversity, we aim to make a positive contribution to society.
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In other words, our role is to responsibly produce the energy the world needs and this report details our progress.
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We believe more renewable energy such as solar and wind is needed in the future, and that the world will continue to use oil and gas.
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technology is required to address climate-related risks while we transition our energy systems and our economies, achieving net zero emissions production over the long term.
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To meet objectives under the Paris Agreement we, along with several other energy companies and governments, aspire to achieve net zero emissions by 2050.
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2025 25% Scope 1 emissions intensity reduction target.
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demand scenarios, including one where global warming is limited to a less than two-degree Celsius temperature rise.
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As a two-degree scenario suggests the potential for rising carbon prices, we incorporated assumptions about probable carbon pricing into our long-range planning, acquisition and divestment, and investment decisions.
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Our scenario analysis tested an alternate set of prices and application, based on the International Energy Agency and Canadian Energy Regulator cases.
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While the two-degree scenario shows a plateau in oil demand out to term, as witnessed over the last few years and particularly in early 2020.
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Maintain ongoing management and governance of climate-related risks, with the goal of reducing greenhouse gas emissions and other air pollutants through the development and application of new technology and energy efficiency measures.
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Comply with regulations and explore innovative opportunities to responsibly reduce, recycle and re-use as much water as is economically feasible.
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Manage land use through mitigation and restoration, and avoidance of disturbance.
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Contribute positively to quality of life in communities where we operate by reducing negative impacts and creating benefits.
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Prepare, plan and practice to respond effectively to incidents with worker and community safety and environmental protection as priorities.
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In the event of an incident, community and worker safety and environmental protection are the priorities.
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environment and apply knowledge to all our activities.
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Standards and procedural compliance – we capture our knowledge in standards, processes and procedures, which we follow.
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This is a scientific approach using team work to focus on structured problem solving, removing defects and waste, and closing performance gaps to deliver business results.
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The impact on people or the environment – injuries or liquid/ gas releases – determines the severity of the event, Tier 1 or Tier 2.
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Association of Oil & Gas Producers, we track the number of process safety events that occur at our facilities.
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on process safety and asset integrity, to safeguard our employees and contractors, protect the public, minimize potential risks to the environment, and shelter assets from damage or loss.
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We have developed safety cases for all facilities with the potential for major accident hazards, identifying and assuring the control and mitigation measures required to manage the risk are effective.
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Our ground disturbance damage prevention program protects worker and public safety, and the environment by deterring contact with underground facilities, such as pipelines.
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operated to meet operational integrity goals, preventing injury to people and damage to the environment.
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through verifying compliance with legal and regulatory, environmental and social governance requirements.
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and at the Liwan Gas Project offshore China start at the planning stage and continue through construction, commission and operation.
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Wellbore monitoring, inspection of subsea trees, testing of subsurface safety equipment, plans for blowout mitigation and an inventory of relief well materials are part of the programs.
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In the Atlantic region, a harsh environment with seasonal sea ice and icebergs, our comprehensive ice management plan mitigates the risk inherent in such an environment with multiple layers of surveillance and a range of ice management techniques.
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These include towing icebergs and using water cannons to direct them away from operational areas.
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Our facilities use control potential risk, including benzene exposure control, hearing conservation, respiratory protection and management of silica, asbestos and chemicals.
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Through our water supply integrity program, we ensure the water quality at our rural facilities for our employees and contractors.
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Water sources at sites, including groundwater wells, tanks and cisterns, undergo maintenance and regular sampling for potable water parameters.
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approach used for facilities, identifying hazards and associated risks and, dependent on the level of risk, the control and mitigation measures required.
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When alerted to a spill, we respond by implementing containment and recovery plans while safeguarding workers, the public and the environment, and reporting to the appropriate regulatory authority.
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Containment and recovery prevent migration of the released product and reduce the potential of an impact to soil or water.
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If soil or water have been affected, an assessment is conducted to determine remediation efforts, followed by ongoing monitoring.
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The volume of both hydrocarbons and other fluids (produced process water, refined products and chemicals) released in compared to 2018.
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When an incident occurs that could affect the community, our employees and contractors, the environment, our assets and/or our reputation, our emergency management program facilitates a consistent and effective response.
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To enhance our readiness at facilities where there is the potential for a higher-consequence event, our comprehensive emergency management program includes an existing hazard review, new hazard identification, mitigation planning, the sourcing of critical equipment and training specific to those sites.
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