RESPONSIBILITY

Highlighting environmental stewardship, community engagement and employee empowerment

At Tamarack, we prioritize operational excellence, ensuring results are delivered while highlighting the importance of environmental stewardship, community engagement and employee empowerment. We pride ourselves on being an organization that operates with integrity across all aspects of our business. Learn more about our commitment to sustainability through our video series and our Sustainability Report.

SUSTAINABILITY MATERIALITY ASSESSMENT

MATERIALITY ASSESSMENT TO IDENTIFY KEY ESG FACTORS.

Data was collected from external resources such as stakeholder interactions, industry regulations and public third-party information guided by the recommendations of GRI. Tamarack referenced key risk areas identified by the SASB framework that included probability of occurrence, materiality of outcome, regionality of risk, degree of organizational control, relevant timeframe and trends being considered. Results included five Priority and four Significant topics to monitor, which have been grouped into five main areas of potential risk and opportunity. Tamarack will continue to refine our assessment process on an ongoing basis including the identification and prioritization of key factors.

EMISSIONS MANAGEMENT 

Emissions management includes the priority topic of GHG and emissions management . It is aligned with the SASB disclosure topics of greenhouse gas emissions and air quality.

WATER MANAGEMENT

Water management includes the priority topic of water use. It is aligned with the SASB disclosure topic of water management.

LAND & BIODIVERSITY PRESERVATION

Land and biodiversity preservation includes the priority topic of asset retirement and land reclamation as well as the significant topics of ecosystem and biodiversity management and product leaks and spills . It includes information from the SASB topics of biodiversity impacts and critical incident risk management.

STAKEHOLDER
ENGAGEMENT 

Stakeholder engagement includes the priority topic of Indigenous rights and the significant topic of community partnership . It aligns with the SASB disclosure topics of security, human rights and rights of Indigenous peoples as well as community relations.

ETHICAL 
Governance

Ethical governance includes the significant topics of safety and ethical governance . It aligns with the SASB disclosure topics of workforce health and safety as well as business ethics and transparency.

Two oil rigs in a field
Sustainability Linked BonD

To reflect the continued development and growth of our sustainability foundation, Tamarack has put in place a Sustainability-Linked Bond Framework to link our funding with our sustainability objectives. Please review the SLB Framework Summary to learn more.

S&P Global provided the second party opinion (SPO) for the SLB Framework. Please see the S&P SLB-SPO Report for more information.