ARC’s production achieves 100 per cent certification – largest Canadian certified production base
- It is Equitable Origin’s honour to share that, as of December 2022, ARC Resources Ltd. was recognized for its ESG leadership with the final certification of its Ante Creek asset under the EO100™ Standard for Responsible Energy Development. With this certification, ARC’s full asset base is certified, representing the largest certified production base in Canada.
- The site’s EO100™ Certification was assessed by Impact Resolutions Ltd. To see the summary report for Ante Creek, click here.
- To see ARC’s formal announcement in full, please click here.
- A video announcing that 100% of ARC Resources assets are fully certified under the EO100™ Standard for Responsible Energy Development can be found here.
Over ARC Resources Ltd. 26-year history, they have been committed to responsible development of their assets. Through innovation and a focus on efficiency, ARC stives to improve its environmental and operational performance.
“Being a responsible energy developer is core to how we operate. Since our inception, we’ve taken a comprehensive approach to sustainability and have strived to incorporate ESG into every aspect of our business. Our certification reaffirms our commitment to responsible leadership and our efforts to continue advancing our ESG performance at ARC,” said Armin Jahangiri, Chief Operations Officer, ARC Resources Ltd. “Achieving this incredible milestone was only possible with the support of our stakeholders, Indigenous partners and employees who participated in Equitable Origin’s assessment process. Thank you to everyone involved.”
Through the Business Combination with Seven Generations Energy Ltd. (Seven Generations), ARC was the first natural gas producer in the world to achieve certification under the EO100™ Standard with certification of its Kakwa asset in 2019. This initial certification was the first of its kind for a natural gas producer, and other North American energy producers have since followed suit. In April 2022, ARC received its second certification of their northeast BC assets near Dawson Creek. The final EO100™ Certification of Ante Creek was achieved in December 2022, covering ARC’s full production base of approximately 340,000 barrels of oil equivalent (boe) per day.
“ARC continues to impress us with their commitment to responsible energy production through their truly outstanding practices. It has been a great collaboration since it all began back in 2017 with Seven Generations Energy. We are excited to share in this history and to see where ARC has evolved as an energy producer and with their commitment to further continuous improvement over time, we are equally excited to see how they grow over the coming years. We congratulate ARC on a well-deserved achievement,” said Soledad Mills, CEO, Equitable Origin.
Equitable Origin has a proven track record of certifying energy production on ESG indicators in accordance with its EO100™ Standard for Responsible Energy Development. Equitable Origin approved assessors, Impact Resolutions Ltd., evaluated ARC Resources’ operations against the principles of the EO100™ Standard, including corporate governance and ethics; social impacts, human rights, and community engagement; Indigenous Peoples’ Rights; occupational health & safety and fair labor standards; and environmental impacts, biodiversity, and climate change.