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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.
2020 Responsibility Report > 2019 Responsibility Report >
2018 Responsibility Report > 2017 Responsibility Report >

Reporting

2020

PwC Assurance Statement

TCFD Report

Renewable Energy Purchases

2019

PwC Assurance Statement

GRI and SASB Index

UN Global Compact – Communication on Progress

Renewable Energy Purchases

Company Performance

Survey Results and Recognition

Sustainalytics | PrairieSky is rated as low risk “14.7” and is ranked #1 out of 274 global oil and gas producers and #782 out of 12,722 global companies. www.sustainalytics.com

CDP | PrairieSky achieved a CDP score of “A-“ in the 2020 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 2020 Water Survey, which is in line with the global average score of “B”. www.cdp.net

MCSI | In 2021, PrairieSky received an “AA” rating from MSCI ESG ratings.

2020 Globe and Mail Board Games | PrairieSky was recognized by the Globe and Mail Board Games Governance rankings in the top quartile of companies, achieving a score of 88/100 (#41) for excellence in governance practices.

2020 Report on Business Women Lead Here Honouree
PrairieSky was included as one of the 73 honourees in the first 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-introducing-the-2020-women-lead-here-honourees/

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