GlobalData offers a comprehensive analysis of Secure Energy Services, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Secure Energy Services‘ ESG performance. GlobalData’s company profile on Secure Energy Services offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Secure Energy Services has set a net-zero greenhouse gas (GHG) emissions target by 2050 and aims to reduce GHG emission intensity by 15% by the end of 2024. The company’s latest filings mentioned the keywords 'Emissions/Emission' and 'Climate Change' most number of times in relation to 'Net Zero'.
The company is focusing on reducing scope 1, scope 2, and scope 3 emissions. In terms of reducing scope 1 emissions, Secure Energy Services is investigating new technologies and applications to reduce fugitive emissions at its waste processing facilities. The company is seeking opportunities to purchase lower carbon intensity electricity where viable to reduce scope 2 emissions. Secure Energy Services is also monitoring ESG framework requirements and investigating the potential to quantify scope 3 emissions. The company is investing in technology to further ESG-related goals and targets, and empowering its employees to reduce facility emissions through the ESG ID Opportunity program.
In 2022, Secure Energy Services' scope 1 emissions were 120,726 tCO2e, while its scope 2 emissions were 117,470 tCO2e. Secure Energy Services is creating a carbon offset strategy for scope 1 emissions that are difficult to abate. The company is setting meaningful emission reduction goals based on baseline data and lowering the carbon intensity of its fleet through the use of lower carbon intensity fuels and transitioning to alternate fuel vehicles. Secure Energy Services is leveraging its existing infrastructure and expertise to explore carbon capture and sequestration and hydrogen opportunities.
In conclusion, Secure Energy Services is committed to addressing climate change and related risks and is prioritizing climate-related action. The company's evolving climate-related reporting includes its climate action plan, path to achieve net-zero emissions by 2050, and refreshed materiality assessment. Secure Energy Services is striving to help its clients achieve their ESG and climate-related goals and support the sustainable production of the lowest emission barrel possible.
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