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Suncor Energy releases 2021 Report on Sustainability and Climate Report


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Suncor Energy releases 2021 Report on Sustainability and Climate Report
Suncor Energy Inc.July 13, 2021 GMT
All financial figures are in Canadian dollars
CALGARY, Alberta, July 13, 2021 (GLOBE NEWSWIRE) Continuing more than 25 years of sustainability reporting, Suncor released its 2021 Report on Sustainability and Climate Report today. The reports share the company’s 2020 environmental, social and governance (ESG) performance and highlight key points of progress in early 2021.
Earlier this year, the company shared its updated strategy which focuses on increasing shareholder returns while accelerating its greenhouse gas (GHG) emissions reduction targets, growing its business in low GHG fuels, electricity, and hydrogen, sustaining and optimizing its base business and transforming its GHG footprint to be a net-zero company by 2050 – all enabled by Suncor’s expe ....

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Suncor Energy releases 2021 Report on Sustainability and


For an overview of Suncor’s sustainability efforts and to read the reports, visit sustainability.suncor.com.
Suncor has been named to various Dow Jones Sustainability Index (DJSI) categories and to the FTSE4Good index. Bloomberg’s Climate Transition Scores ranked Suncor among the top 10 publicly traded oil and gas companies on preparedness for a low-carbon world. Suncor was also named as one of the 2020 Corporate Knights Best 50 Corporate Citizens in Canada. The company was recognized as a leading employer listed among Forbes’ World’s Best Employers, Alberta’s Top 75 Employers, Canada’s Top 100 Employers and Canada’s Best Diversity Employers. The Report on Sustainability has previously been a winner of Finance Montréal’s Finance and Sustainability Initiative award for best sustainability report. ....

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UK Honors Canadian Oil Company Executive as 'Climate Champion'


Photo: Mark Ralston (Getty Images)
“Climate champion” and producing more than 10 million barrels of tar sands oil a year are not exactly synonymous in most people’s minds. But that’s the exact title the British government decided to bestow on an executive at one of the most powerful oil companies in Canada.
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To mark six months until the major climate conference in Glasgow, the UK government honored 26 “climate champions” working in Canada, a commonwealth nation. Among the list of “champions” is Martha Hall Findlay, who serves as the chief sustainability officer at Suncor, a major tar sands player. An accompanying “storybook” of all the chosen climate champions includes Findlay’s resume as well as a quote attributed to her: “Suncor fully supports Canada’s Paris Agreement commitments, and we look forward to COP26 to continue building the all-important collaboration among the private sector, governments and other organizations need ....

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Calgarians among those named Canadian Climate Champions


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Six months ahead of the next COP26 Climate Change Conference in Glasgow, Scotland, 26 Canadians were named Canadian Climate Champions in a livestreamed event Tuesday morning.
Three Calgarians were among those including David Suzuki honoured by federal Infrastructure and Communities Minister Catherine McKenna for their efforts in fighting climate change and moving Canada toward net-zero emissions.
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Local Dr. Sarah Hastings-Simon was recognized for her work in macro energy systems, looking at optimizing low-carbon energy transitions in a variety of sectors. ....

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Clean crude: Clean crude? Oil firms use offsets to claim green barrels


In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.
While the two-million-barrel cargo to India was destined to produce more than a million tons of planet-warming carbon over its lifecycle, from well to tailpipe, the Texas-based driller said it had completely offset that impact by purchasing carbon credits under a U.N.-sponsored program called CORSIA.
Carbon credits are financial instruments generated by projects that reduce or avert greenhouse-gas emissions such as mass tree plantings or solar power farms. The projects’ owners can sell the credits to polluting companies, who then use them to make claims of offsetting their carbon emissions. ....

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