Sustainability

Executive Statement

WhiteWater is an independent, Austin, Texas based energy infrastructure company that currently manages $3 billion in natural gas transmission assets originating in the Permian Basin. Since Whitewater’s inception in 2016 and continual growth, an unchanged priority has been to operate in an ethical, safe, and environmentally conscious manner for the benefit of people, communities, and businesses. As we provide energy to the world, we maintain heightened awareness to the responsibility that comes with that role. Our Board perpetuates a company culture of progressive action and investment to be thorough in the environmental, social, and governance (ESG) facets of our company's operation. WhiteWater has continually demonstrated vigilance as corporate and enterprise risks evolve, reporting standards and environmental regulation changes, and the demand for stakeholder engagement increases.

As WhiteWater continues to raise the bar internally, we also uphold the same standards for our contractors and vendors. We invest heavily in integrity management, maintenance, and environmental programs to protect our assets, our employees, the public, and the environment. Health and safety is a huge priority in our company’s operation. Historically, we have upheld a total recordable incident rate in the first quartile of the industry average, with no fatality incidents or any major environmental incidents. Our Environmental, Health, and Safety (EHS) team assists the Board with matters related to EHS risks and best work practices, while continually upholding compliance. Within our development of energy infrastructure assets, WhiteWater is also committed to identifying stakeholders, and engaging with them to serve the communities, people, and businesses we may have impact on. Facilitating open communication, accessibility, and relationships with our stakeholders is our inherent responsibility to ensure transparent reporting within the development of our assets and into operation. Beyond meeting high standards of EHS in our asset construction and operational activities, our Board, Business Development team, and ESG Coordinator manage and provide oversight in the assessing corporate and enterprise risk for current and new business opportunities. As new ESG standards have transpired in the energy infrastructure industry—specifically in the natural gas infrastructure industry—WhiteWater has evolved and integrated a new bar of ESG reporting, recording, and implementation of improvement across our value chain.

Our projects are designed to minimize risks to biodiversity and habitat, climate change, archeological sites and the local community. We also have a strong governance structure in place to monitor lobbying activities and potential conflicts of interest. The unrelenting evolution of the ESG spheres in the infrastructure industry is a result of the continued growth of knowledge, new technologies, and ultimately a need for sustainability in the way we construct and operate the facilities associated with energy consumption. WhiteWater has met the challenge in keeping up with the pace of change, and the demand to be a top-class operator. Not only for our own company’s efficiency and for our stakeholder’s, but to ensure that we are leading the charge in setting the bar for the impact this industry has on the world.

Sincerely,

Christer Rundlof
Chief Executive Officer

Environmental

As Whitewater develops and operates natural gas infrastructure to provide energy to consumers, environmental consciousness is at the forefront of construction planning and asset operations. Whitewater strives to mitigate environmental risk by maintaining local, state, and federal compliance with vigilance and stringent oversight from agencies like the Texas Rail Road Commission, Texas Parks and Wildlife, US Fish and Wildlife, and the US Army Corps of Engineers. Through the permitting process and desktop reviews of the potential construction routes, environmental risk mitigation is continual, regulatory compliance is met and maintained, and best work practices are instilled in construction plans to mitigate biodiversity risk and risk to water bodies.

Social

WW strives to uphold a high standard in all the social facet of the ESG sphere. Internally, WW is an equal opportunity employer, with a diverse workforce comprised of men and women from various countries and backgrounds. The corporate culture perpetuated by the founders is deeply rooted in mutual respect, fair treatment, and the common goal of attaining success. In that same regard, WW maintains social integrity during the construction and operation of its assets. As the pre-construction process begins, a relationship with stakeholders is cultivated. WW works to maintain communication trademarked on timeliness, transparency, and with detail with the ultimate goal of valuing and respecting the interests of those involved and impacted by WW projects.

Governance

Fostering a culture of accountability and integrity at all levels of our organization is critical to conducting secure, reliable and ethical business. Therefore, we continue to invest in technologies that provide additional layers of protection to our physical and digital assets while protecting our operations from outside threats. In addition to overseeing responsible governance across our operated assets, comprehensive financial controls and upholding high ethical standards, all board members and company leaders receive regular updates on our ESG initiatives which support our investor interests.

Industry Associations

WhiteWater is proud a member of industry organizations that promote coordination and collaboration amongst our peers on issues that range from operational best practices to environmental goals and climate initiatives. Through these partnerships we share knowledge of new technologies, evolving best work practices, national and state-level community initiatives, and we help to drive innovative solutions to build for a lower carbon energy future.