NGL Energy Partners

NGL has not set any emissions reduction targets and does not disclose plans to develop any. The company should develop a target that aligns with its 1.5°C pathway. The company should clearly report its base year emissions and any offsetting it intends to use to allow for a complete analysis of its targets and progress against them. Additionally, the company should set intermediate targets at gaps of no more than five years to incentivise near-term actions on a longer-term goal.

NGL does not disclose sufficient emissions intensity data for its midstream activities. As a result, it is not possible to provide a meaningful assessment of the company’s past scope 1 and 2 emissions trend or projected future performance against its 1.5°C pathway. NGL aims to grow its business by utilising its existing assets and investing in new assets along with ventures that increase the volume of its operations. NGL could improve its performance on material investment by disclosing any low-carbon CapEx investment as well as any plans to invest over the next five years.

NGL does not disclose sufficient data to assess its past scope 1, 2 and 3 emissions intensity for the assessment period. As a result, it is not possible to provide a meaningful assessment of the company’s past emissions trend or projected future performance against its 1.5°C pathway. The company does not disclose its expected revenues over the next 5 years, and more importantly, the share of revenues originating from low-carbon products. No evidence was found that the company is offering energy-efficiency services to customers.

There is no evidence that NGL is developing business activities that would enable the company to decouple financial results from greenhouse gas emissions. A low-carbon future will require the company to diversify its energy mix to include renewables and low-carbon fuels or manage the close of its oil and gas business.

NGL has not set any emissions targets. The company has not developed a vision, qualitative or quantitative, of what its business will look like in a low-carbon future.

NGL does not have a low-carbon transition plan and does not intend to develop one in the near future.

NGL reports investing in an EHS enterprise management information system (EMIS), to facilitate identifying additional emissions reduction opportunities. NGL is also exploring natural and engineered carbon sequestration technologies, such as the potential of managing its ranch lands to increase soil carbon levels and the geologic sequestration of CO2. NGL also plans to replace its diesel power generation equipment with electric grid power or compressed natural gas (CNG).

NGL does not disclose sufficient emissions data to assess its historic emissions intensity trend. As a result, the company’s alignment with its 1.5°C pathway could not be assessed. There is no evidence that the company is taking steps to transition its business model to a low-carbon future.

NGL’s lack of targets and strategy suggests that the company is not committed to the low-carbon transition. The company has not committed to stop oil and gas exploration and expansion and its current actions demonstrate its continued reliance on fossil fuels.

No evidence was found that the company’s commits to social dialogue or of the categories of stakeholders the company engages with on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders. No evidence was found that the company undertakes just transition planning to mitigate the social impacts of the low-carbon transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment by the company was found stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found that the company actions to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups. Additionally, no relevant disclosure was found that the company assesses employment dislocation risks. No public commitment by the company was found stating its intention to re- and up-skill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company re- and up-skills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if the company identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders. No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

No policies or commitments of the company related to respect for human rights were found in the public domain. This includes the necessary policies and systems by which the company can ensure respect for basic human rights in its operations and supply chain. However, there is evidence that the company has a grievance mechanism which employees can report on anonymously.

No evidence of the company’s policies or commitments related to key decent work issues were found in the public domain. Although there is evidence that the company has a policy committing to basic health and safety of the workplaces, there is no evidence of a policy involving workers being fairly renumerated and having a meaningful say in decision-making.

No policies or commitments of the company related to personal data protection, tax, bribery and corruption, or lobbying and political engagement were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its relationships with business partners.