We're taking concrete action to reduce emissions from our operations.
Our approach
In alignment with our corporate strategy, we are proactively reducing emissions and improving operational efficiency to reduce costs and address stakeholder interests.
To demonstrate our commitment, Keyera set near-term and long-term GHG targets and developed a parallel path strategy to reduce carbon emissions. We are taking action to lower emissions from our base operations, and at the same time, we are evaluating strategic, lower-carbon service offerings that will help us, our customers and our industry reduce emissions.
GHG targets
In 2021, Keyera committed to reducing our scope 1 and 2 GHG equity-based emissions intensity by 25% by 2025 and 50% by 2035, using a 2019 baseline year. Keyera achieved its 2025 GHG emissions intensity target in 2024 – one year in advance.
Between 2019 and 2024, Keyera reduced its scope 1 and 2 equity emissions intensity by 28%, a result supported by a third-party limited assurance audit (see footnote 1 in our 2024 Sustainability Performance Summary). Achieving this milestone was a result of Keyera’s multi-year efforts to advance asset optimization, invest in operational efficiencies and purchase renewable power.
Reducing emissions from our base business
Reducing operational emissions decreases Keyera’s environmental footprint, while also improving facility efficiency and lowering costs. We are pursuing emission reductions for our base business through four main approaches:
- Pursuing operational efficiency and employing technology
- Optimizing utilization of our facilities
- Supporting renewable energy
- Exploring carbon capture, utilization and storage (CCUS)
EXPLORING NEW LOWER-CARBON OPPORTUNITIES
In parallel with our efforts to address emissions from our base business, Keyera is exploring new lower-carbon services that leverage our current asset base, support our industry to reduce its emissions, and are economically viable. Potential opportunities include CCUS, lower-carbon fuels and associated transportation, solvents that improve production efficiency, and hydrogen services and transportation. In particular, we have a vision to leverage Keyera’s assets in the Alberta Industrial Heartland to provide cost-competitive decarbonization services to our customers.
Supporting renewable energy
One way we are lowering emissions from our operations is by forming partnerships with renewable generation providers. Through these partnerships, we are reducing emissions associated with power use at our facilities.
The Michichi Solar Project, our first renewable power purchase agreement (PPA), became operational in 2023. And in October 2025, our second renewable PPA came online. Combined, these renewable energy PPAs account for approximately 40% of our commercial power needs.