CALGARY, Dec. 17, 2018 /CNW/ - Pembina Pipeline
Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) today released its inaugural Sustainability Report ("Report")
highlighting our environmental, social and governance performance. While this report marks the beginning of the Company's efforts
to consolidate and formalize its work in these areas, Pembina has been having these conversations with stakeholders at the
grass-roots level for decades and, likewise, has been working towards continuous improvement in many key areas for years. Pembina
invites interested parties to download the Report and learn more about the 'purpose' of Pembina – to be the leader in delivering
integrated infrastructure solutions connecting global markets. At Pembina, fulfilling our purpose means:
- Customers choose us first for reliable and value-added services;
- Investors receive sustainable, industry-leading total returns;
- Employees say we are the 'employer of choice' and value our safe, respectful, collaborative and fair work culture; and
- Communities welcome us and recognize the net positive impact of our social and environmental commitment.
The Report covers performance metrics for the 2015 to 2017 calendar years. Pembina plans to issue a full-length Report
on a biennial basis and, during interim years, will provide an update of its performance for key sustainability metrics on its
website at www.pembina.com.
To view or download a copy of the Report, click here.
About Pembina
Calgary-based Pembina Pipeline Corporation is a leading transportation and midstream service
provider that has been serving North America's energy industry for over 60 years. Pembina owns
an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in
western Canada. The Company also owns gas gathering and processing facilities and an oil and
natural gas liquids infrastructure and logistics business. Pembina's integrated assets and commercial operations along the
majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy
sector. Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations
through the development of infrastructure that would extend Pembina's service offering even further along the hydrocarbon value
chain. These new developments will contribute to ensuring that hydrocarbons produced in the Western Canada Sedimentary Basin and
the other basins where Pembina operates can reach the highest value markets throughout the world.
Pembina strives to provide sustainable, industry-leading total returns for our investors; reliable and value-added services
for our customers; a net positive impact to communities; and a safe, respectful, collaborative and fair work culture for our
employees.
Pembina's strategy is to:
- Preserve value by providing safe, environmentally conscious, cost-effective and reliable services;
- Diversify by providing integrated solutions which enhance profitability and customer service;
- Implement Growth by pursuing projects or assets that are expected to generate cash flow per share accretion and
capture long-life, economic hydrocarbon reserves; and
- Secure Global Markets by understanding what the world needs, where they need it, and delivering it.
Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures
Division.
Pembina's common shares trade on the Toronto and New York
stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com.
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SOURCE Pembina Pipeline Corporation
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