Corporate Social Responsibility Report

Overview

The report presents Cenovus's 2024 social and governance performance, emphasizing its best-ever process safety performance and 14 Tier 1 and 2 events. It reports zero company-wide fatalities and highlights $851 million in annual Indigenous business spend, the highest in company history. The report also describes Board-level sustainability oversight and notes that its Board diversity targets were achieved ahead of schedule. Environmental performance and targets are omitted because of amendments to Canada's Competition Act.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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