Mattr Releases 2022 Environmental, Social, and Governance Report

Source: www.gulfoilandgas.com 9/7/2023, Location: North America

Shawcor Ltd., dba Mattr Infratech (“Mattr” or the “Company”) (TSX: MATR) announced today the publication of its 2022 Environmental, Social and Governance (“ESG”) report. The report can be found on the Company’s website at https://www.mattr.com/esg/.

Mattr released its long-term ESG oriented ambitions in 2020, which included:

- A 50% reduction in Scope 1&2 GHG Emissions from its 2019 baseline by 2030

- A 20 percentage point increase in diverse representation within the senior management team from its 2019 baseline by 2030

- An enduring vision of an Incident and Injury Free workplace

"I am proud of our continued progress towards our 2030 ambitions, including the early achievement of our ambition related to diversity within our senior management team, which had increased by 23 percentage points versus our 2019 baseline at the end of 2022,” said Mike Reeves, President and CEO of Mattr. “We also continue to make meaningful progress on reducing our Scope 1 and 2 greenhouse gas (GHG) emissions, which were 39% below our 2019 baseline in 2022, while intensely focusing on improving our safety performance across the organization.”

For its 2022 ESG report, the Company utilized the Sustainable Accounting Standards Board (SASB) framework, while referencing the Global Reporting Initiative (GRI) framework and United Nations Sustainable Development Goals (UN SDGs). The Company remains committed to enhancing ESG disclosures over time, focused on those factors which are most material to the organization, its stakeholders and the communities within which it works.


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