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2022 SUSTAINABILITY PERFORMANCE

Sustainability Performance Metrics Table

At Ovintiv, we recognize the importance of transparency and communicating on our performance. We have a long history of disclosure, having published sustainability metrics since 2005 and are proud of our ongoing achievement in environment, social and governance matters.

AXPC ESG Performance Metrics

We actively participated in the efforts of AXPC— a national trade association representing the largest independent producers of oil and gas in the U.S.— to develop the AXPC Environment, Social and Governance Metrics Framework and Template. This framework is intended to supplement each member company’s individual reporting efforts and voluntarily standardize several key upstream environmental and safety metrics. Currently the framework suggests consistent and transparent reporting around five focus areas: GHG emissions, flaring, spills, water use and safety. By creating a common set of metrics, AXPC member companies now have relevant, consistent and comparable data for greater stakeholder transparency.

The data reported under this framework includes our US operations only.

Sustainability Disclosure Index

We reference the IPIECA Sustainability Reporting Guidance for the Oil and Gas Industry and the SASB Oil and Gas Standard to inform our reporting and continue to advance our climate-related disclosures in our fourth year of reporting in alignment with the Task Force on Climate-Related Financial Disclosures (TCFD)’s framework.