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Sustainability and climate: Suncor Energy releases annual reports

19/07/2023
Source : ORISHAS FINANCE
Categories: Companies

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Suncor has just released its 2023 Sustainability Report and 2023 Climate Report. The reports illustrate how the company strives to achieve strong environmental, social, and governance (ESG) performance as well as the company's sustainable energy development measures. The release of the Sustainability Report marks the 28th year of sustainability reporting, a testament to Suncor's commitment to sustainability and transparent reporting

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“There is increased interest in these reports, especially from our financial partners. They want to know about our performance, ambition, and plans for a low-carbon future. Since joining Suncor, I have strived to drive improved performance in all aspects of our business. Strong, high-yield core businesses provide superior returns for our shareholders and a strong balance sheet to fund ongoing investments in decarbonization, rehabilitation, biodiversity, people and communities,” explained Rich Kruger, President and CEO

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Suncor Energy is Canada's largest integrated energy company. Suncor's activities include oil sands development, production, and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States, and our national Petro-Canada retail and wholesale distribution network (including our Electric Trans-Canada [MC], a network of fast charging stations for EVs). Suncor is developing petroleum resources while advancing the transition to a low-carbon future through investments in electricity, renewable fuels, and hydrogen. Suncor also engages in energy trading activities that focus primarily on the marketing and trading of crude oil, natural gas, by-products, refined products, and

electricity.
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