CaribPR Wire

CALGARY, AB, July 12, 2022 /PRNewswire-HISPANIC PR WIRE/ — Today, Parkland Corporation (”Parkland”, “we”, the “Company”, or “our”) (TSX: PKI) released its 2021 Sustainability Report (the “2021 Report”). The 2021 Report highlights our progress on our Drive to Zero, including our goals of achieving zero safety incidents and spills, upholding zero tolerance for racism, discrimination, corruption, bribery, and unethical behaviour, and supporting our governments’ goals of achieving net-zero emissions by 2050.

2021 was a landmark year for Parkland in which we formalized our enterprise-wide sustainability strategy. This marked a step change in how our organization is approaching key strategic Environmental, Social, and Governance (ESG) issues and established baselines and set targets upon which we can continuously improve.

“When we launched our enterprise-wide sustainability strategy last year, we set ambitious and measurable targets to help ensure long-term success,” said Christy Elliott, Chief Sustainability Officer. “Our pillars of People, Environment, Partners, and Responsible Growth are the foundation that allows us to continuously improve and expand our sustainability practices. We are excited to share the work we’ve done over the past several months as we continue to Drive to Zero.”

Key highlights from the 2021 Report include:

• Continued to strengthen our safety culture and delivered strong performance with 2021 Total Recordable Injury Frequency of 1.14. This represents an almost 55 percent improvement since 2017.
• In 2021, we co-processed a record 86 million litres of bio-feedstocks at our Burnaby Refinery. This had the equivalent environmental effect of taking over 70,000 cars off the road.

With our 2021 Report, we have set a new annual cadence for publishing future sustainability reports which more closely aligns with our annual reporting calendar.

For an overview of Parkland’s sustainability efforts and to read the 2021 Report, visit: https://www.parkland.ca/en/sustainability/overview

About Parkland
Parkland’s purpose is to Power Journeys and Energize Communities. We serve essential needs in our communities, providing our customers with the fuels they depend on to get around, quality foods and convenience items, while helping them achieve their goals of lowering their environmental impact. Through our portfolio of trusted and locally relevant brands, we serve well over one million customers per day across Canada, the United States, the Caribbean region, and Central and South America.

In addition to leveraging our supply and storage capabilities to provide the fuels our diverse customers depend on; we are leading our customers through the energy transition. From electric vehicle charging, renewable fuels, solar energy and compliance and carbon offset trading, we are leaders in helping our customers lower their environmental impact.

Parkland’s proven strategy is centred around organic growth, our supply advantage, acquiring prudently, and integrating successfully. We are focused on developing our existing business in resilient markets, growing, and diversifying our retail business into food, convenience, and renewable energy solutions and helping our commercial customers decarbonize their operations. Our strategy is underpinned by our people, as well as our values of safety, integrity, community, and respect, which are deeply embedded across our organization.

Forward-Looking Statements & Note on Specified Financial Measures
Certain statements contained herein constitute forward-looking information and statements (collectively, “forward-looking statements”). When used the words “expect”, “will”, “could”, “would”, “believe”, “continue”, “pursue” and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements with respect to among other things:  Parkland’s business, objectives and strategies, including Parkland’s enterprise-wide sustainability strategy and its goals, targets and plans relating thereto, including without limitation, Parkland’s ‘Drive to Zero’ and supporting our governments’ goal of achieving net-zero emissions by 2050; Parkland publishing sustainability reports in the future and the frequency, timing and release thereof; and Parkland’s energy transition strategy, including with respect to developing, diversifying and decarbonizing its business, and its goals and plans with respect thereto.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be unduly relied upon. These forward-looking statements speak only as of the date of this presentation. Parkland does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to, general economic, market and business conditions, including the duration and impact of the COVID-19 pandemic and the Russia-Ukraine conflict; Parkland’s ability to execute its business strategies, including with respect to sustainability and energy transition; Parkland’s ability to achieve its goals and targets relating to its sustainability and energy transition strategies; industry capacity; competitive action by other companies; refining and marketing margins; the ability of suppliers to meet commitments; actions by governmental authorities and other regulators including but not limited to increases in taxes or restricted access to markets; changes and developments in environmental and other regulations; and other factors, many of which are beyond the control of Parkland. See also the risks and uncertainties described in “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” included in Parkland’s Revised Annual Information Form dated March 17, 2022 and in “Forward-Looking Information” and “Risk Factors” included in the Q1 2022 Management’s Discussion and Analysis dated May 4, 2022, each as filed on SEDAR and available on the Parkland website at www.parkland.ca.

CaribPR Wire, HOUSTON, March 16, 2021: The renewable energy transition is complex, but it is possible, practical and affordable. That is the topic global smart technology leader, Wärtsilä, will explore during the S&P Global Platts Central America and Caribbean Energy Webinar March 18. Energy Business Director, Latin America North, Wärtsilä Energy, Sampo Suvisaari; Business Development Manager, Latin America North, Raúl Carral and Business Development Manager, Central America and Caribbean, Francisco Picasso will discuss decarbonization strategies.

Suvisaari will chair the event and moderate the first panel discussion titled Fuel choices and dilemmas; fuel oil and LNG in Central America and the Caribbean.

“In these rapidly changing times for the energy industry in Central America the choice of fuel and of renewable energy deployment is more critical than ever,” Suvisaari said. “Now is the time to think of how to future-proof your investments for the next two decades and beyond.”

The blackouts in Texas and California revealed the need for firm capacity. Carral explains the value of these fuels to Latin America.

“Due to environmental and economic reasons we see in Central America and the Caribbean the continuous strong development of renewable energies like solar and wind power while there is also a continuous emergence of fuels, like natural gas / LNG, propane / LPG, and even ammonia and hydrogen, among others,” Carral said. “These new fuels in the region will prove to be most valuable when they operate with flexible power technologies, which will be also more prominent while integrating intermittent renewable energy.”

Picasso will moderate a panel discussion on renewable energy.

“The path to 100% requires ongoing discussion with thought leaders and industry experts to raise awareness and discover operational and financially realistic approaches to reliable decarbonization,” Picasso added. “A renewable energy future requires addressing economic, technological and political challenges which are different throughout the world.”

The three-hour webinar will begin at 9:00 a.m. EDT on March 18 and there is no charge for the event. Registrations close at 9:00 a.m. on March 17.

Wärtsilä Energy Business in brief
Wärtsilä Energy Business leads the transition towards a 100% renewable energy future. We help our customers unlock the value of the energy transition by optimising their energy systems and future-proofing their assets. Our offering comprises flexible power plants, energy management systems, and storage, as well as lifecycle services that ensure increased efficiency and guaranteed performance. Wärtsilä has delivered 72 GW of power plant capacity in 180 countries around the world.
https://www.wartsila.com/energy/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eea0d8f5-6589-4f59-bd02-0cba87dc428d

Especialistas de Path to 100% comparten los más recientes desarrollos que promueven la transición a la energía renovable

CARIBPR WIRE, HOUSTON, March 17, 2021: La transición hacia la energía renovable es compleja, sin embargo, es posible, práctica y asequible. Ese es el tema que el líder mundial de tecnología inteligente, Wärtsilä, explorará durante el Webinar de Energía en Centroamérica y el Caribe de S&P Global Platts el 18 de marzo. Sampo Suvisaari, director de negocios de energía de Wärtsilä Energy, Norte de América Latina; Raúl Carral gerente de desarrollo de negocios, Norte de América Latina y Francisco Picasso gerente de desarrollo de negocios, Centroamérica y el Caribe tratarán sobre las estrategias de descarbonización.

Suvisaari presidirá el evento y moderará el primer debate titulado, Opciones y dilemas de combustibles; fuelóleo y GNL en Centroamérica y el Caribe.

“En estos tiempos de rápido cambio para el sector energético en Centroamérica, la elección de combustible y de la implementación de energía renovable es más crítica que nunca”, dijo Suvisaari. “Hoy es el momento de pensar en cómo proteger sus inversiones en el futuro para las próximas dos décadas y más adelante”.

Los apagones en Texas y California revelaron la necesidad de capacidad firme. Carral explica el valor de estos combustibles para América Latina.

“Debido a razones ambientales y económicas hemos observado en Centroamérica y el Caribe el desarrollo continuo y fuerte de energías renovables, como la energía solar y eólica, además del surgimiento continuo de combustibles, como gas natural/GNL, propano/GLP, e incluso amoníaco e hidrógeno, entre otros”, dijo Carral. “Estos nuevos combustibles en la región comprobarán ser más valiosos cuando operen con tecnologías de energía flexible, que también serán más prominentes con su integración a la energía renovable intermitente”.

Picasso moderará un debate sobre energía renovable.

“El camino al 100% requiere un debate continuo con líderes visionarios y especialistas del sector para crear mayor conciencia y descubrir enfoques operativos y financieramente realistas para la descarbonización confiable”, agregó Picasso. “Un futuro de energía renovable requiere abordar desafíos económicos, tecnológicos y políticos que son diferentes en todo el mundo”.

El webinar de tres horas comenzará a las 9:00 a.m. EDT el 18 de marzo, el evento no tiene costo. Las inscripciones cierran a las 9:00 a.m. del 17 de marzo.

Wärtsilä Energy Business en resumen
Wärtsilä Energy Business lidera la transición hacia un futuro con energía 100% renovable. Ayudamos a nuestros clientes a descubrir el valor de la transición energética optimizando sus sistemas energéticos y protegiendo sus activos en el futuro. Nuestra oferta incluye plantas eléctricas flexibles, sistemas de gestión y almacenamiento de energía, así como servicios de ciclo de vida que garantizan una mayor eficiencia y rendimiento garantizado. Wärtsilä ofrece 72 GW de capacidad de planta eléctrica en 180 países de todo el mundo.
https://www.wartsila.com/energy/

Una foto asociada con este comunicado de prensa está disponible en,  https://www.globenewswire.com/NewsRoom/AttachmentNg/eea0d8f5-6589-4f59-bd02-0cba87dc428d