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Suncor 2016 Report on Sustainability released

Fort McMurray, AB, Canada / MIX 103.7
Suncor 2016 Report on Sustainability released

As Canada’s largest integrated energy company we have an opportunity to lead and motivate.

Those words from Suncor CEO Steve Williams in the company’s 2016 Report on Sustainability released this week.

The report details three of four goals set out in 2009 that were achieved by 2015: reducing fresh water consumption by 27 per cent, surpassing the goal of 12 per cent, increasing reclamation of disturbed land by 176 per cent, surpassing the goal of 100 per cent, and reducing air emissions by 36 per cent, significantly surpassing the goal of 10 per cent.

The fourth goal, to improve energy efficiency by 10 per cent, was almost achieved, falling short at nine per cent.

The report says Suncor is aiming to reduce the total emission intensity of production of oil and petroleum products by 30 per cent by 2030.

Suncor says reducing emissions will be focused on driving energy efficiency at all facilities, developing and piloting new technology to change bitumen extraction, and greening of the electricity grid by investing in co-generation at facilities and renewable energy.

The sustainability report also details plans on improving Suncor’s relationship with Aboriginal communities.

Suncor says its long term social goal recognizes the value of relationships and the company must learn from, and with, partners and communities.

In the report, Suncor says over the next 10 years and beyond it will focus on increasing participation of Aboriginal Peoples in energy development.

The company intends to do this by partnering with Aboriginal youth to develop their leadership potential, significantly improving Aboriginal workforce development at the company, and increasing revenues to Aboriginal businesses.

The report can be accessed here.

 

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