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CALGARY, Alberta, July 13, 2021 — Continuing more than 25 years of sustainability reporting, Suncor released its 2021 Report on Sustainability and Climate Report today. The reports share the company’s 2020 environmental, social and governance (ESG) performance and highlight key points of progress in early 2021.
Earlier this year, the company shared its updated strategy which focuses on increasing shareholder returns while accelerating its greenhouse gas (GHG) emissions reduction targets, growing its business in low GHG fuels, electricity, and hydrogen, sustaining and optimizing its base business and transforming its GHG footprint to be a net-zero company by 2050 – all enabled by Suncor’s expertise, long-life resources, integrated business model, strong connection to customers, and world-class ESG performance.
“Building on the solid foundation we’ve established over decades is core to our strategy as we help shape a profitable and sustainable energy future,” said Mark Little, President and Chief Executive Officer. “Achieving our shared economic, climate and social goals demands that we work together with communities, businesses, governments and organizations. Our projects and initiatives reflect this approach.”
Both the Report on Sustainability and Climate Report describe Suncor’s current and ongoing work and provide insights into future steps that will support the company in achieving its goals.
Highlights of the Report on Sustainability include:
Highlights from the Climate Report include:
The Report on Sustainability and the Climate Report are both available as downloadable PDFs:
For an overview of Suncor’s sustainability efforts and to read the reports, visit sustainability.suncor.com.
Suncor has been named to various Dow Jones Sustainability Index (DJSI) categories and to the FTSE4Good index. Bloomberg’s Climate Transition Scores ranked Suncor among the top 10 publicly traded oil and gas companies on preparedness for a low-carbon world. Suncor was also named as one of the 2020 Corporate Knights Best 50 Corporate Citizens in Canada. The company was recognized as a leading employer listed among Forbes’ World’s Best Employers, Alberta’s Top 75 Employers, Canada’s Top 100 Employers and Canada’s Best Diversity Employers. The Report on Sustainability has previously been a winner of Finance Montréal’s Finance and Sustainability Initiative award for best sustainability report.
For more information about Suncor, visit our web site at suncor.com and follow us on Twitter @Suncor.