Suncor Energy releases 2013 Report on Sustainability
CALGARY, ALBERTA -- (Marketwired) -- 07/17/13 -- Suncor Energy
announced today the release of its 2013 Report on Sustainability. The
voluntary report highlights Suncor's environmental, social and
"Is it possible to have a prosperous economy and a vibrant society,
while maintaining a healthy planet for our grandchildren? I believe
the answer is yes," said Steve Williams, president and chief
executive officer. "To do this, we need to take collaboration to the
next level and engage citizens in an informed discussion about the
path forward. Our Report on Sustainability is intended to help
kick-start that conversation."
In addition to reporting on the company's economic contribution and
social impact, the Report on Sustainability specifically highlights
Suncor's progress towards its beyond-compliance environmental
performance goals. Below are some of the highlights found in the 2013
-- Oil Sands Water Management Strategy. Suncor's goal is to reduce
freshwater consumption by 12 per cent by 2015 (from 2007 levels). In
February 2013, Suncor began sending treated tailings water from its oil
sands base plant to its Firebag in situ facility for reuse as makeup
water. As part of the oil sands water management strategy, around 10,000
cubic metres per day of tailings water is now used as in situ makeup
water instead of being stored in tailings ponds. An equivalent amount of
water will be recycled at the mining site, reducing the amount of fresh
water Suncor needs to withdraw from the Athabasca River.
-- Land and Biodiversity. Suncor has a goal to increase reclamation(i) of
disturbed land area by 100% by 2015 (from 2007 levels). By the end of
2012, Suncor had planted nearly six million trees on our oil sands site
- including 900,000 trees in the previous 12 months alone.
-- Air Quality. Suncor's environmental performance goal for air emissions
seeks a 10 per cent reduction by 2015, compared to 2007 levels. Overall,
total reported air emissions in 2012 decreased by 8.7 per cent compared
to 2011 levels. This decrease was primarily due to a significant
reduction in the Refining and Marketing business unit. Emissions were
also reduced as a result of improved performance from our Oil Sands and
Exploration and Production business units.
-- Energy Intensity and Greenhouse Gas Emissions. Suncor has a goal of
improving energy efficiency by 10 per cent by 2015. Currently, the
company is working to implement an Energy Management System (EMS) at all
of its major facilities. The system will improve the measurement,
control and governance of energy and is expected to result in a two to
three per cent improvement in energy/GHG intensity through better
(i) Reclaimed lands have not been certified as such by government
regulators. For further details on the definition of reclaimed, see
the Legal Notice herein.
-- In 2012, Suncor and the Suncor Energy Foundation have contributed over
$22 million in community investment.
-- As part of its community investment program, Suncor works
collaboratively with Aboriginal businesses and communities. In 2012,
Suncor implemented a new Aboriginal Economic Collaboration Strategy with
a goal to increase partnerships with Aboriginal businesses across
Canada. At the same time, the Suncor Energy Foundation made investments
that support improved education and leadership opportunities for
Aboriginal Peoples through a number of partnerships and contributed $1.7
million to support excellence in indigenous education. The Report on
Sustainability provides an overview of a number of these programs and
-- Suncor's recordable injury frequency rate declined in 2012, from 0.73 in
2011 to 0.59, an improvement of 19 per cent.
-- In 2012, Suncor spent more than $11.2 billion on goods and services. Of
our 10,000-plus suppliers, 8,000 are Canadian and span all 10 provinces
as well as the Northwest Territories and the Yukon.
-- Since 1992, Suncor has spent more than $2 billion on goods and services
from Aboriginal businesses - $1 billion of that amount has been spent
-- Suncor continues to invest in incremental and game-changing technology
improvements that will reduce environmental impact while still allowing
higher production and enhanced profitability. The Report on
Sustainability highlights some of the key technologies we are
progressing, including in areas that we expect will help reduce GHG
emissions. For example, a pilot plant is testing a new technology with
the potential to use 85 per cent less energy during in situ extraction.
"Taking sustainability to the next level is about solutions-driven
collaboration - with industry peers, governments, non-government
organizations, communities and other stakeholders. Together, we need
to look at the cumulative impacts of how we produce and use energy
and try to find common ground in shaping a more sustainable energy
- Arlene Strom, vice president, Sustainability and Communications
"We're an industry committed to continuous improvement in
environmental performance. We do this through investment in
technology and innovation and, increasingly, through collaboration
with industry peers and others. While there's still a lot of work to
be done, we've made real progress, as a company and an industry, on
many environmental challenges."
- Gord Lambert, executive advisor, Sustainability and Innovation
"When I talk to our people about the work we do, it comes back to
living up to Suncor's mission, vision and values. We need to be all
about strong community engagement, respect, and living up to our
commitments. That's the best way to secure and retain our social
licence to operate."
- Bonnie Veness, manager, Stakeholder and Aboriginal Relations
Table of Contents:
-- About Suncor
-- What guides us
-- CEO message
-- Performance goals and progress
-- Video gallery
-- Charts library
-- Environmental Excellence Plan
-- GHG emissions: The path forward
-- Land and biodiversity
-- Safety, health and security
-- Social responsibility
-- Community investment
-- Economic performance
-- Contribution to economy
-- Access to markets
-- Performance data
Certain statements in this news release constitute "forward-looking
statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and "forward-looking
information" within the meaning of applicable Canadian securities
legislation (collectively, "forward-looking statements"). All
forward-looking statements are based on Suncor's current
expectations, estimates, projections, beliefs and assumptions based
on information available at the time the statement was made and in
light of Suncor's experience and its perception of historical trends.
Some of the forward-looking statements may be identified by words
like "expected," "anticipates," "approximately," "estimates,"
"plans," "scheduled," "intends," "may," "believes," "projects,"
"indicates," "could," "focus," "vision," "goal," "proposed,"
"target," "objective," "continue" and similar expressions. In
addition, all other statements that address expectations or
projections about the future, including statements about our strategy
for growth, costs, schedules, production volumes, operating and
financial results and expected impact of future commitments, are
forward-looking statements. Forward-looking statements in this news
release include references to: Suncor's environmental goals to be
achieved by 2015 (as compared to a baseline year of 2007), including
improving energy efficiency by 10%, achieving absolute reductions in
fresh water consumption by 12% and air emissions by 10% and
increasing land reclaimed by 100%; and the expectation that EMS will
improve the measurement, control and governance of energy and is
expected to result in a two to three per cent improvement in
energy/GHG intensity through better operational control; and key
technologies, that we expect will reduce GHG emissions.
Forward-looking statements are not guarantees of future performance
and involve a number of risks and uncertainties, some that are
similar to other oil and gas companies and some that are unique to
our company. Suncor's actual results may differ materially from those
expressed or implied by our forward-looking statements and you are
cautioned not to place undue reliance on them.
Suncor's Earnings Release, Quarterly Report and Management's
Discussion & Analysis for the first quarter of 2013 and its most
recently filed Annual Information Form/Form 40-F, Annual Report to
Shareholders and other documents it files from time to time with
securities regulatory authorities describe the risks, uncertainties,
material assumptions and other factors that could influence actual
results and such factors are incorporated herein by reference. Copies
of these documents are available without charge from Suncor at 150
6th Avenue S.W., Calgary, Alberta T2P 3Y7, by calling 1-800-558-9071,
or by email request to email@example.com or by referring to the
company's profile on SEDAR at www.sedar.com or EDGAR at www.sec.gov.
Except as required by applicable securities laws, Suncor disclaims
any intention or obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Reclamation - Reclamation at Suncor is a carefully monitored process
with two distinct components: (i) transformation of the area,
including tailing ponds, into a solid material that can support
vegetation, wildlife and landscape restoration, which includes
landform design and oil placement; and (ii) re-vegetation in a way
that the reclaimed landscape can support vegetation and wildlife as a
self-sustaining ecosystem. When Suncor claims that it has reclaimed
land or plans to reclaim land, the reclaimed land will have met or is
intended to meet the two distinct components identified in this
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 and our community investment
program, please visit our website at www.suncor.com/community.
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.
For more information about Suncor Energy please visit our web site at
suncor.com, follow us on Twitter @SuncorEnergy or read our blog,
To view the "2013 Report on Sustainability Videos" associated with
this release, please visit the following link:
To view the photos associated with this release, please visit the
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