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Suncor Energy Receives Best Sustainability Report Award

Suncor Energy Receives Best Sustainability Report Award

Published 04-20-04

Submitted by Suncor Energy Inc.

CALGARY, AB – The CERES-ACCA North American Sustainability Reporting Awards hosted its second annual awards ceremony in Boston, Massachusetts today. Suncor Energy Inc. won the "Best Sustainability Report" award, beating 31 other leading sustainability reporters across North America.

This award recognizes Suncor’s commitment to sustainability, environmental and social issues reporting. Suncor adopted the Global Reporting Initiative guidelines to create a more comprehensive sustainability report. Judges said Suncor’s report illustrated a broad understanding of the importance of sustainability in today’s corporate environment.

In accepting the award, Rick George, president and CEO said: "Suncor’s 2003 report focused on stakeholders – the employees, customers, communities and shareholders – who have a stake in our business and our vision of becoming a sustainable energy company. Getting this award affirms our commitment to open, honest and thorough communication on our progress and challenges."

The North American Sustainability Reporting Awards are presented by the Coalition for Environmentally Responsible Economies (CERES) and the Association of Chartered Certified Accountants (ACCA) to encourage best practices in sustainability reporting from North American corporations. For more information visit www.ceres.org.

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Suncor Energy Inc.

Suncor Energy Inc.

Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil and gas; petroleum refining in Canada and the U.S.; and the company's Petro-Canada retail and wholesale distribution networks (including Canada's Electric Highway™, a coast-to-coast network of fast-charging electric vehicle stations). Suncor is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. Suncor also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Suncor has been recognized for its performance and transparent reporting on the Dow Jones Sustainability index, FTSE4Good and CDP. Suncor is also listed on the UN Global Compact 100 stock index. Suncor's common shares (symbol: SU) are listed on the Toronto Stock Exchange and the New York Stock Exchange.

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