Plains GP Holdings, L.P..
PAGP.US | Activities of holding companies
Plains GP Holdings, L.P. is a publicly traded holding company. Its primary asset is its ownership interest in Plains All American Pipeline, L.P. (PAA). PAA is engaged in the transportation, storage, terminalling, and marketing of crude oil and natural gas liquids (NGL) in the United States and Canad...Show More
Better Health for All
0
No evidence available to assess Plains GP Holdings, L.P. on Better Health for All.
Fair Money & Economic Opportunity
0
No evidence available to assess Plains GP Holdings, L.P. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
-30
Plains All American Pipeline LP was ruled against in a Fair Labor Standards Act (FLSA) overtime suit.
1
Plains Pipeline, L.P. incurred a $1,750,000 penalty in 2022 for an employment discrimination offense by the EEOC.
2
Additionally, Plains Marketing, L.P. received OSHA penalties for workplace safety or health violations of $7,711 in 2020 and $29,385 in 2023.
3
These constitute four substantiated labor-law violations within the past three years.
Fair Trade & Ethical Sourcing
0
No evidence available to assess Plains GP Holdings, L.P. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-40
Plains GP Holdings, L.P. (PAGP.US) has an Audit Committee that establishes procedures for the confidential, anonymous submission of concerns regarding accounting or auditing matters.
1
However, there is no evidence of independent investigation processes for these submissions. The company's Audit Committee members must meet independence requirements, and the committee's charter states that none of its members shall have participated in the preparation of financial statements for PAGP or PAA or any current subsidiary during the last three years.
2
PAGP.US has an ESG Controversy Score of 1.1, which is better than the category average of 2.0, placing it near the median.
3
The company's Anti-Corruption Program outlines a zero-tolerance stance on bribery and corruption and promotes compliance with applicable regulatory requirements, but the provided information does not detail the frequency or effectiveness metrics of its training.
4
PAGP.US has not had any formal financial restatements, only minor disclosure tweaks. The company's FCPA and SDN Policy provides requirements for careful assessment, evaluation, and selection of third parties before engagement, and contracts must include anti-corruption provisions.
5
However, the extent of independent verification of ethical claims is not quantified.
Kind to Animals
0
The provided articles explicitly state that they do not contain any data relevant to PAGP.US or the 'Kind to Animals' ethical value.
1
Therefore, no KPIs can be scored based on the evidence provided.
No War, No Weapons
0
The company's primary asset, Plains All American Pipeline, is engaged in the transportation, storage, terminalling, and marketing of crude oil and natural gas liquids. No evidence in the provided articles suggests any revenue is derived from arms or defense contracts, nor do the articles indicate any defense-related activities in the company's core business.
1
Planet-Friendly Business
-70
In 2023, the company's total Scope 1 and Scope 2 GHG emissions were 2,022,000 tCO₂e.
1
Scope 3 emissions are not estimated or provided.
2
The company has not set specific emissions targets, including net-zero targets, citing significant cost and uncertainty.
3
In 2023, 24% of the energy purchased from the grid was renewable, an increase from 23% in 2022 and 21% in 2021.
4
The company had 11 federally reportable releases in 2023, with a volume of 5,077 barrels, all of which were recovered.
5
In 2022, there were 19 federally reportable releases, with 88% of the 2,246 barrels recovered.
6
A 2015 pipeline rupture resulted in a $60 million settlement with the U.S. Environmental Protection Agency for safety law violations, including preventable errors and delayed detection.
7
In 2023, 1,263 terrestrial acres were disturbed, and 100% of the impacted area was restored.
8
Respect for Cultures & Communities
0
The provided articles, including the 2021 Plains Sustainability Report, a general sustainability report, the Zippia.com demographic data, and the Plains Human Rights Policy, explicitly state that they do not contain specific, quantifiable data for any of the requested KPIs related to Respect for Cultures & Communities.
1
While some documents mention general commitments to community engagement and Indigenous relations, they lack the concrete numbers, percentages, or incident counts required by the rubric for scoring.
2
Therefore, no KPIs can be scored based on the evidence provided.
Safe & Smart Tech
0
No specific, concrete data points or relevant information regarding PAGP.US's performance on any of the 'Safe & Smart Tech' KPIs were found in the provided articles.
1
All articles explicitly state that no data is available for the requested metrics.
2
Zero Waste & Sustainable Products
-20
The company reported $0 in monetary losses from legal proceedings associated with federal pipeline and storage regulations for 2021, 2022, and 2023.
1
This indicates no waste disposal violations in the past three years.