Energy Efficiency, GHG Emissions, Industrial  -  July 11, 2024

Select Water Solution Lowers Emissions

Select Water Solution, a provider of sustainable water management and chemical solutions, announced its efforts on lowering GHG emissions resulted in a 9% reduction in combined Scope 1 and Scope 2 emissions intensity from 2022.

The company’s efforts to lower GHG emissions resulted in a 10% reduction in Scope 1 emissions intensity and a 2% reduction in Scope 2 emissions intensity for a combined 9% reduction in overall emissions intensity.

Select Water Solution disclosed Scope 1 and Scope 2 emissions and intensity data utilizing Environmental Protection Agency (EPA) guidance and calculation methods, along with progress on the company's emissions reduction initiatives, in its 2023 Sustainability Report.

"Each year we have the opportunity to reflect back on our achievements as they relate to sustainability and environmental performance, and in 2023, we were proud to have made substantial progress toward our goals," said John Schmitz, Chairman of the Board, President and CEO, in a statement. "Both our produced water recycling and safety performance targets associated with our sustainability-linked credit facility were once again meaningfully exceeded in 2023. We've honed our focus as a water and chemistry technology innovator and continued to expand our footprint with additional fixed recycling facilities, underwritten by long-term customer contracts. By investing in and developing these strategic infrastructure assets, Select is not only expanding its operational capacity but also reinforcing its commitment to a sustainability strategy."

The 2023 Sustainability Report follows the recommended disclosures of the Task Force on Financial Climate-related Disclosures (TCFD), the topics suggested by the Sustainability Accounting Standards Board (SASB) Sustainable Industry Classification System® (SICS) for the Oil & Gas Services, Water Utilities, and Chemicals industries, and the Global Reporting Initiative (GRI) standards.