Highlights of Targa’s Sustainability Report for the 2021 calendar year include the following:
- Reduced scope 1 plus scope 2 GHG intensity by 12%
- Reduced flaring volumes from emissions events by 40%
- Exported approximately 4.9 billion gallons of liquefied petroleum gas (“LPG”) globally in 2021 that can offset higher GHG-emitting fuels
- Completed aerial methane detection on 13,000 miles of pipelines and 162 surface facilities in the Permian
- Decreased its preventable vehicle accident rate by 31%
- Received the
International Liquid Terminals Association (ILTA) safety excellence award for the second year in a row - 25% of our Board of Directors were women; and 17% of our Board of Directors were from traditionally under-represented racial or ethnic groups
- Our Board-level Sustainability Committee continues to oversee management’s implementation of strategy to integrate sustainability into various business activities to create long-term stakeholder value
The report references the
About
Targa is a FORTUNE 500 company and is included in the S&P 400.
For more information, please visit the Company’s website at www.targaresources.com.
Forward-Looking Statements
Certain statements in this release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future, are forward-looking statements.
These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside the Company’s control, which could cause results to differ materially from those expected by management of the Company. Such risks and uncertainties include, but are not limited to, weather, political, economic and market conditions, including a decline in the price and market demand for natural gas, natural gas liquids and crude oil, the impact of pandemics such as COVID-19, commodity price volatility due to ongoing conflict in
These and other applicable uncertainties, factors and risks are described more fully in the Company’s filings with the
Contact the Company's investor relations department by email at
InvestorRelations@targaresources.com or by phone at (713) 584-1133.
Vice President, Finance & Investor Relations
Chief Financial Officer
Source:
2022 GlobeNewswire, Inc., source