Welcome!

News Feed Item

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 economic performance.

"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 report.

Environment

--  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
    operational control. 
    

(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.

Social

--  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
    partnerships. 
    
--  Suncor's recordable injury frequency rate declined in 2012, from 0.73 in
    2011 to 0.59, an improvement of 19 per cent. 
    

Economic

--  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
    since 2009. 
    

Technology

--  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. 

Additional Quotes:

"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 future."

- 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 
    --  Awards 
    --  Video gallery 
    --  Charts library 
        
--  Environment 
    --  Environmental Excellence Plan 
    --  GHG emissions: The path forward 
    --  Air 
    --  Water 
    --  Land and biodiversity 
    --  Tailings 
        
--  Social 
    --  Safety, health and security 
    --  Social responsibility 
    --  Community investment 
        
--  Economic 
    --  Economic performance 
    --  Contribution to economy 
    --  Access to markets 
        
--  Performance data 

Legal Notice

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 protected] 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 paragraph.

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, OSQAR.

To view the "2013 Report on Sustainability Videos" associated with this release, please visit the following link: http://sustainability.suncor.com/2013/en/about/video-gallery.aspx.

To view the photos associated with this release, please visit the following links:

http://www.marketwire.com/library/20130717-717su_1_800.jpg

http://www.marketwire.com/library/20130717-717su_2_800.jpg

http://www.marketwire.com/library/20130717-717su_3_800.jpg

http://www.marketwire.com/library/20130717-717su_4_800.jpg

Contacts:
Media inquiries:
403-296-4000
[email protected]

Investor inquiries:
800-558-9071
[email protected]
suncor.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.