Alyeska releases inaugural ESG report
Comprehensive overview of Alyeska's 2022 initiatives, strategies, performance; also proactive engagement with local communities Kay Cashman Petroleum News
On Aug. 24, Alyeska Pipeline Service Co. released its first Environmental, Social and Governance, or ESG, report, highlighting its dedication to environmental stewardship, sustainable practices and safe operations of the Trans Alaska Pipeline System, or TAPS. The report, showcasing activity and results from 2022, is available on the company's website.
The 800-mile trans-Alaska pipeline moves oil from Prudhoe Bay on Alaska's North Slope south to the Port of Valdez, the northernmost ice-free port in the United States. The pipeline traverses three mountain ranges, permafrost regions and 34 major rivers and streams. Alyeska personnel work in Anchorage, Fairbanks and Valdez and at pump stations and response facilities all along the pipeline. They also operate the Ship Escort/Response Vessel System for Prince William Sound.
"Our inaugural ESG report is a testament to our enduring promise to the environment and the communities we serve," John Kurz, Alyeska president and CEO, was quoted as saying in the company's Aug. 24 press release about the ESG report. "Since our inception, we have upheld a steadfast commitment to sustainability and safe operations. This report highlights our ongoing dedication to transparency and accountability as we navigate the complex challenges and opportunities of the modern energy landscape."
Dating back to 1970, Alyeska has operated TAPS since its startup in 1977. With approximately 740 full-time employees, Alyeska also collaborates closely with numerous contract and industry partners.
The ESG report provides a comprehensive overview of Alyeska's 2022 initiatives, strategies, and performance in key areas such as environmental impact, social responsibility and governance practices. From innovative environmental protection measures to proactive engagement with local communities to spotlights on employees, the report highlights Alyeska's multifaceted approach to fostering a sustainable future.
Corri Feige, former commissioner of the Alaska Department of Natural Resources, concurs. She told Petroleum News Aug. 30 that Alyeska's ESG report is "really well done. They covered all the reporting bases and showed the integration of the company in the communities, local and Native hire, employee reporting of concerns, safety stats and even talked about their compliance record. TAPS is such a huge part of Alaska's industry that I am sure this helps the TAPS owners, too. They can point to it as an asset that meets or exceeds ESG performance standards."
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