Suncor Energy announces $1.5 million program in support of flood-relief efforts
CALGARY, ALBERTA -- (Marketwired) -- 06/26/13 -- Suncor Energy today
announced a comprehensive $1.5 million program to support
flood-relief efforts in Southern Alberta. The funding and program
will be administered through the Suncor Energy Foundation (SEF).
"While it is devastating to see the damage as a result of the
unprecedented flooding, it is heartwarming to see the community rally
together," said Steve Williams Suncor president and chief executive
officer. "Many of our employees have been volunteering to help with
the clean-up efforts and as a company, we will help. That's why we've
developed a comprehensive flood-relief program that will deliver
dollars to organizations that have expertise in getting funds to
those who need it the most."
Suncor's flood-relief program will provide support in four areas: the
immediate response, re-entry programs, recovery activity and
On Friday, June 21, Suncor activated its Humanitarian Relief Program
with a $150,000 donation to the Red Cross. Through the Humanitarian
Relief program Suncor employees can also make donations to the Red
Cross and these donations will be matched by the SEF.
As part of this $1.5 million program, Suncor will contribute to the
United Way of Calgary and Area emergency fund. Through this fund, the
United Way can support the many social service agencies that provide
services for the re-entry of people who were the most heavily
impacted by the flooding.
In addition, Suncor will provide financial and fuel assistance to
support Bridges Social Development, a key organization supporting the
relief effort and the long-term re-building of the First Nations
directly affected by the flood.
In partnership with the Calgary Foundation and the CBC, Suncor has
committed $100,000 to establish the Flood Recovery and Rebuilding
Fund. The SEF will provide an additional $150,000 to match individual
donations to the fund.
"The incredible efforts of first responders, the City and the
countless examples of people pitching in to help friends, family and
even strangers reinforce the strength of this community," continued
Williams. "I know our spirit and hard work will carry us through this
difficult time. Calgarians, Albertans, Canadians are resilient and we
help each other."
Petro-Canada, a Suncor Energy Business, has provided fuel valued at
approximately $25,000 to organizations supporting the relief efforts.
In addition, Petro-Points members can donate their points in
increments of 1,000 points to the Red Cross and Petro-Canada will
match those points dollar for dollar.
Suncor through the Suncor Energy Foundation continues to work with
community organizations to assess need and determine where additional
support is the most needed.
Suncor Energy and the Suncor Energy Foundation (SEF) have a proud
history helping build sustainable communities through collaborative
partnerships that enhance the quality of life in key operating areas.
Over the past 10 years, Suncor and the SEF have invested more than
$110 million in charitable and non profit organizations across Canada
and internationally. The SEF is a private, charitable foundation
established to receive Suncor's contributions and support registered
Canadian charitable organization.
Suncor Energy is Canada's leading integrated energy company. Suncor's
operations include oil sands development and upgrading, conventional
and offshore oil and gas production, petroleum refining, and product
marketing under the Petro-Canada brand. While working to responsibly
develop petroleum resources, Suncor is also developing a growing
renewable energy portfolio. Suncor's common shares (symbol: SU) are
listed on the Toronto and New York stock exchanges.
For more information about Suncor Energy please visit our web site at
suncor.com, follow us on Twitter @SuncorEnergy or read our blog,
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