Denver-based independent Ovintiv Inc. is setting its sights on sharply reducing the methane intensity of its North American onshore operations by one-third over the next four years, and it wants the entire workforce to buy in.

Ovintiv

The board-approved 33% reduction in methane intensity, to be met by 2025, would be tied to the annual incentive compensation program for all employees beginning in 2021. 

The planned reductions are included in Ovintiv’s 16th annual sustainability report, which highlighted environmental, social and governance (ESG) goals.

“ESG is one of the board’s highest priorities,” said Chair Peter Dea. “We safely produce the products that make modern life possible and realize the importance of reducing our emissions. From our ongoing dialogue with investors...