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Sustainability Report
Values Matter
2016 Sustainability Report
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2017

Measurement & Evaluation

MEASUREMENT, EVALUATION AND ADJUSTMENT 

Internal Approach: We proactively focus on achieving Best-in-Class performance in environmental stewardship. We assess this based on a robust framework of measurement, reporting and adjustment, including the following actions:

External Approach – Regulatory and Reporting Framework:  The following table illustrates the significant reporting and regulatory bodies under which we operate:

Business Unit

Reporting Body

Reporting and Action Activities

All Business Units

CDP

We initiated reporting under CDP in 2014, beginning with a base year of 2012.

All Business Units

Montreal Protocol

We have phased out Freon-22 in our C3 cooling plants in Netherlands to reduce the risk that this substance could be released.

Canada

Specific Gas Emitter Regulation

Reduction requirements do not apply, as Vermilion is below the threshold of 100,000 tonnes of CO2e annually; our current and projected CO2e reductions indicate that even with a 50% reduction in this threshold, we would still be below it. Although Vermilion meets our regulatory requirements, we maintain a detailed initiative database to identify and implement CO2 reduction projects where practical.

Canada

Greenhouse Gas Reporting and National Pollutant Release Inventory reporting under the Canadian Environmental Protection Act

Reduction requirements for Greenhouse Gas Reporting do not apply, as Vermilion is below the threshold of 50,000 tonnes of CO2e annually; our current and projected CO2e reductions indicate that even with a 20% reduction in this threshold, we would still be below it. We report under the National Pollutant Release Inventory (NPRI) requirements.

Canada

Alberta's Directive 039 (2013)

A regulatory change in Directive 039 led us to plan and begin the implementation of additional elements in our facility engineering and maintenance program to reduce benzene emissions associated with glycol dehydrators.

France

Register and the Annual Reporting of Emissions and Transfers of Pollutants and Waste

We report operations water, waste and greenhouse gas (GHG) information annually.

Netherlands

Netherlands Long-term Agreements with Industry (MJA3)

We report operations energy efficiency and emissions information annually.  

Australia

National Greenhouse and Energy Reporting Act (2007)

We report under the robust emissions accounting required by this Act, and have examined three potential carbon taxation pricing scenarios and budgeted the costs associated with compliance.

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Vermilion Energy