Environment, Society & Governance
We conduct business and operations in a safe and ethical manner. Our values lead us to constantly improve our performance as a safe and efficient, environmentally conscious, and results-oriented operator.
2024 Report
Get a PDF of Canvas Energy’s 2024 Environment, Society & Governance Report
Environment
Delivering great results over long term requires consistent efforts to minimize our environmental footprint
- We strive to always have gas gathering facilities in place to avoid routine flaring and venting of gas
- We conduct semi-annual leak inspections through an independent third party on all wells completed
- We minimize emissions through the use of grid electric power when available, piping our produced water, and otherwise limiting miles driven
- We develop spill prevention and control plans for all storage facilities, and conduct annual inspections per the guidelines of a third party professional engineer
- We manage our waste streams responsibly and perform audits of major disposal
Society
We put people first — ensuring the safety of our neighbors and co-workers, investing in our communities, and promoting wellness
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We have a zero-incident safety culture
Comprehensive, behavior-based safety program
Companywide safety awareness
Contractor management - We are a good neighbor in the communities where we live and work
- We invest in our communities through local businesses and charities
- We provide professional and personal development to our employees
- We support employee wellness and provide flexible work arrangements for a healthy work-life balance
Governance
Our culture fosters integrity and accountability through regular and transparent communication
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Our Board of Directors has been purposefully composed and organized
Direct shareholder representation
Independent directors with deep industry experience - We require independent thought, fresh contributions and relevant experience from our Directors
- We ensure key financial, operational and value-oriented metrics are subjected to systematic independent scrutiny
- Our compensation is tied to operational, financial and ESG performance
- Our employees have a voice through regular two-way communication with senior management
