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Sustainability

At Bonterra, we place high importance on doing what is right for our stakeholders, the environment and long-term value creation for shareholders.

We strive to understand the various impacts our business has on the environment around us, and we are constantly seeking to minimize our footprint while expanding and enhancing production and reserves. Bonterra’s license to operate ultimately depends on advancing both a commitment to strong environmental, social and governance (ESG) mandates and our ability to achieve competitive operational and financial results that can drive long-term profitability.

Being a Canadian oil and gas operator, we are subject to some of the world’s most stringent environmental regulation and legislation for resource development. Canada is globally recognized for our environmental leadership and an impeccable human rights record.

Further, Bonterra’s Board of Directors and leadership team stand behind the prioritization of integrity and responsibility across all aspects of our business, underscored by the following commitments.

  • Employ minimal disturbance techniques to reduce the overall impact to the environment
  • Ensure all employees, contractors, and representatives are provided with applicable health, safety, security and environmental and regulatory training
  • Secure a safe work environment with robust policies, procedures, and equipment
  • Provide timely and effective response to any incidents that may occur
  • Implement and follow vigorous asset integrity programs
  • Consult internal and external stakeholders that are impacted by our operations, and remain committed to working with involved parties to resolve any concerns

2023 Sustainability Report

2023 ESG Report
Previous ESG Reports: 2022 ESG Report

As a responsible Canadian upstream oil and gas operator, Bonterra recognizes the importance of balancing economic growth with environmental stewardship and social responsibility.

  • Efforts to Minimize Greenhouse Gas (GHG) Emissions
  • Land Impact and Footprint Minimization
  • Liability Management + Abandonment & Reclamation Obligations
  • Asset & Operational Integrity
  • Water Management

Bonterra believes in collaboration as a way to enhance the health and well-being of our communities, focusing on addressing actual and potential impacts. Further, we strive to develop initiatives that can drive lasting positive social and economic benefits.

Health & Safety

Bonterra is committed to the protection of life and property and we have implemented extensive policies, proactive procedures and an Emergency Response Plan (“ERP”) designed to protect our people and local communities, along with the environment.

Employee Engagement

The people at Bonterra represent our most important asset. Our team includes qualified and highly technical professionals who not only comply with the Company’s internal code of conduct and policies, but are also held to a high standard of ethics and self-regulation due to membership with organizations such as the Association of Professional Engineers and Geoscientists of Alberta (APEGA). As such, we strive to create an empowered culture where our people can thrive as individuals, and collectively contribute to the long-term success of our business.

Economic Impacts, Community Contributions & Indigenous Engagement

Bonterra believes that we represent the community, and the community represents us. As such, we aim to provide meaningful economic contributions by hiring local community members or third-party contractors for employment, relying on local businesses for services with the ultimate goal of uplifting local economies. In addition, we make meaningful indirect financial contributions through the payment of taxes and royalties which help to develop the broader community.

Bonterra has a long track record of demonstrating our commitment to ethical and transparent governance, ensuring that all stakeholders’ interests are taken into consideration and that our actions align with stakeholders’ expectations for ESG.

ESTMA & MSA

Find out more about ESTMA and view Bonterra's commitment to responsible reporting. Learn More
Find out more about the Modern Slavery Act and view Bonterra's commitment to responsible reporting. Learn More