Responsibility

Responsibility

Our Approach

We are committed to operating in an economically, socially and environmentally sustainable manner. We conduct our business responsibly by actively managing risk, working with our business partners and service providers to ensure alignment on best practices, proactively taking steps to minimize our impact on the environment, and upholding the highest standards of governance and ethics which we believe will enhance long-term shareholder value. We are proud to work in Canada, a jurisdiction that maintains some of the highest regulatory and legal standards in the world for the protection of the environment, good governance and human rights. To demonstrate our commitment to responsible management, PrairieSky is a signatory to the United Nations Global Compact https://www.unglobalcompact.org/what-is-gc/participants/138331-PrairieSky-Royalty-Ltd-

Responsibility Reports

Our Responsibility Reports summarize the sustainability of our business model and provide a tool for accountability – identifying our successes as well as areas for improvement over the short and longer term. We are committed to transparency and the continued development of our sustainability reporting.

Reporting

2022

2021

2020

2019

Company Performance

Survey Results and Recognition

Sustainalytics | PrairieSky is ranked #1 out of 283 global oil and gas producers and in the top 0.5% of all companies across all industries with a “negligible risk” rating of 8.2. (February 7, 2022) www.sustainalytics.com

CDP | PrairieSky achieved a CDP score of “A-“ in the 2022 Climate Change Survey, which is above the North American average score of “D” and global average score of “C”.  PrairieSky achieved a CDP score of “B-” in the 2022 Water Survey, which is in line with the global average score of “B”. CDP Climate Survey. CDP Water Survey.

MCSI | In 2022, PrairieSky received an “AAA” rating from MSCI ESG ratings.

PrairieSky ranked in the 83rd percentile on the S&P Corporate Sustainability Assessment (CSA) and in February 2022 was included in The Sustainability Yearbook 2022 for corporate sustainability excellence.

2021 Globe and Mail Board Games | PrairieSky was recognized by the Globe and Mail Board Games Governance ranking in the top quartile of companies, achieving a score of 90/100 (42 out of 210 companies) for excellence in governance practices.

2021 Report on Business Women Lead Here Honouree
PrairieSky was included as one of the 71 honourees in the annual Report on Business Women Lead Here survey. The survey identifies companies at the forefront of women in leadership positions and intends to set a benchmark for gender diversity in corporate Canada. https://www.theglobeandmail.com/business/rob-magazine/article-women-lead-here-our-annual-survey-on-gender-diversity-in-corporate/

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