Cenovus Energy Inc 2020 SR
The report outlines Cenovus Energy's ESG performance and targets following its combination with Husky Energy. Key highlights include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 35% by 2035 and a long-term ambition for net zero by 2050. The company also set targets for water stewardship, biodiversity, and Indigenous reconciliation, including a $1.2 billion spend with Indigenous businesses by 2025. Governance updates include enhanced ESG oversight at the Board level and the appointment of a Chief Sustainability Officer.
Company: Cenovus Energy Inc
Sector: Energy
Country: Canada
Year: 2020
Type: SR
Pages: 105
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Cenovus Energy Inc
ESG Report
The report outlines Cenovus Energy's ESG performance and targets following its combination with Husky Energy. Key highlights include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 35% by 2035 and a long-term ambition for net zero by 2050. The company also set targets for water stewardship, biodiversity, and Indigenous reconciliation, including a $1.2 billion spend with Indigenous businesses by 2025. Governance updates include enhanced ESG oversight at the Board level and the appointment of a Chief Sustainability Officer.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Dec 7, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target