ESG: Part of our DNA
- Commitment to Net Zero emissions before 2050
- Fugitive emission management plan in place
- Zero Routine Vent commitment by year-end 2022 for all existing and future sites
- Fully owned water disposal infrastructure; removed majority of fluid trucking in 2016
- Up to 28% recycled produced water in completions; increasing produced water storage infrastructure to accommodate increased produced water re-use
- Use pad drilling to reduce environmental footprint
- Commitment to reducing wetland impacts during development
At Hammerhead, environmental management starts in a project’s planning stage and does not end until the site is decommissioned and reclaimed.
We consider environmental constraints at several stages throughout our operations including when we select a site, perform pre-construction environmental site assessments, and purchase products and material.
We actively focus on conservation, repairing any equipment with leaks, upgrading equipment efficiencies, and educating our workers on conservation.
- Focus on supporting education in Indigenous communities with which we work
- Marc Calliou Reconciliation Through Education Initiative created in 2017; 250% increase in participation since inception
- Driving to be a Safety Leader & Partner of Choice
- Continually improving safety initiatives to make sites safe, healthy, and environmentally sound
At Hammerhead, we understand the link between successfully managing relationships and maintaining a responsible, sustainable business.
Our focus on safety performance, stakeholder relations, and community engagement has helped us build relationships with our internal and external stakeholders that have been key drivers to our success.
We believe that safety is an integral part of our business. Hammerhead recognizes the need for training, guidance, and resource allocation to ensure that our safety standards evolve with the changing circumstances and needs of our Industry.
We partner with contractors who share our safety values. In accordance with this principle, we do not differentiate among contractors, service providers, and employees when it comes to reporting injuries and have consistently maintained a Total Recordable Industry Frequency (TRIF) well below industry average.
We work hard to establish positive, stable relationships based on mutual trust and understanding with all stakeholders, including members of the local communities and Indigenous communities. Our goal is to establish mutually beneficial collaborations and facilitate positive outcomes that are the result of consultation, negotiation, and dedication to resolving differences.
Hammerhead is committed to supporting economic and social initiatives that provide benefits for our stakeholders. With a long-term investment approach, we are growing with our community through hiring local employees, sourcing local service providers and contractors, supporting local indigenous contractors, and supporting local development through tax contributions and revenue generation.
Invested and Donated to Community Initiatives
(From 2017 – 2021)
We are committed to working collaboratively with Indigenous communities in an atmosphere of integrity, honour, and respect. We strive to facilitate constructive dialogues that will result in a better understanding of the impact of our projects in the area.
Equitable development of resources requires looking forward with a view to sustainable and responsible management of the environment, but it also requires looking back. The unique history and knowledge of the Indigenous communities in our areas of operations can help us shape a sustainable and equitable approach to resource development.
- Aseniwuche Winewak Nation
- East Prairie Metis Settlement
- Gift Lake Metis Settlement
- Horse Lake First Nation
- Sturgeon Lake Cree Nation
- Sucker Creek First Nation
Accountability, Innovation, Debate, and Respect
- 20% of Hammerhead variable compensation tied to corporate ESG performance
- Established focused roles in Business Improvement, Supply Chain & Procurement, and Alternative Energy
- Progressing initiatives within TCFD framework
- 2022 ESG Report will be released Q3/2022
We believe in the principles of good governance, and we value honesty, accountability, trust, respect, and integrity. We run our business on these principles; they are the foundation of long lasting and mutually beneficial relationships with and between our employees, contractors, consultants, officers, directors, and external investors and stakeholders. We believe in upholding the highest standards to meet or exceed industry regulations, and we adhere to our company policies and procedures, which are designed to enhance our sustainability efforts.
Our governance practices and policies are regularly reviewed, audited, and modified to ensure the current expectations are met and best practices are maintained.
Hammerhead is a growth-oriented private company based in Calgary, Alberta with production and development focused in the multi-zone, Montney light oil window.