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Charting Suncor’s Sustainability Journey

Charting Suncor’s Sustainability Journey

Published 09-06-23

Submitted by Suncor Energy Inc.

We broke new ground when we first began publicly reporting our sustainability performance in the mid-1990s. Twenty-eight years later, the Report on Sustainability and its companion publication, the Climate Report, continue the practice of disclosing our progress in more than a dozen areas of environmental, social and governance (ESG) performance.

Read more about our sustainability journey here.

“We’re proud to continue our long history of openly disclosing our performance in key areas for sustainability. That transparency is important because the amount of interest has continued to increase both for communities, governments and investors,” says Jon Mitchell, Vice President, Sustainability. “More and more people value these reports because it shows what we’ve done to deliver on areas that are crucial to ensuring we have a sustainable business now and in the future.”

Highlights of this year’s reports include:

  • 1 million tree and shrub seedlings planted in our reclamation areas
  • 94% water recycle rate in our operations in 2022
  • $3.1 billion spent with Indigenous-owned companies in 2022, accounting for about 20 per cent of our total spending with suppliers.
  • $40 million donated to community, charitable and non-profit groups in 2022
  • 105,000 hours volunteered by our employees in their local communities through the SunCares program, which supported 1,700 community organizations and contributed almost $6.2 million to communities.
  • Became 4th largest electricity producer in Alberta in 2022 by generating low-carbon power through our cogeneration fleet.

“I hope all of our employees, some of whom are featured in these reports, will read them,” Jon says. “These reports reflect the accomplishments based on the hard work they put in every day and every shift.”

Read this year’s Report on Sustainability and Climate Report by visiting here.

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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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