Suncor Energy Inc 2021 SR

The report outlines Suncor's strategy to become a net-zero GHG emissions company by 2050, with an interim target to reduce annual emissions by 10 Mt by 2030. Key highlights include a $535 million investment in technology and digitalization, with nearly 50% dedicated to emissions-related tech. The company reported a 40% decrease in absolute freshwater consumption and maintained high water recycle rates at its mining and in situ operations. Suncor also evolved its social goal to the 'Journey of Reconciliation,' emphasizing strengthened relationships with Indigenous Peoples and achieving $911 million in spend with Indigenous businesses. Despite these advancements, the company addressed tragic contractor fatalities by implementing enhanced safety protocols and focusing on incident prevention.

Company: Suncor Energy Inc

Sector: Energy

Country: Canada

Year: 2021

Type: SR

Pages: 96

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Suncor Energy Inc

Suncor Energy Inc 2021 Report on Sustainability

Report On Sustainability

The report outlines Suncor's strategy to become a net-zero GHG emissions company by 2050, with an interim target to reduce annual emissions by 10 Mt by 2030. Key highlights include a $535 million investment in technology and digitalization, with nearly 50% dedicated to emissions-related tech. The company reported a 40% decrease in absolute freshwater consumption and maintained high water recycle rates at its mining and in situ operations. Suncor also evolved its social goal to the 'Journey of Reconciliation,' emphasizing strengthened relationships with Indigenous Peoples and achieving $911 million in spend with Indigenous businesses. Despite these advancements, the company addressed tragic contractor fatalities by implementing enhanced safety protocols and focusing on incident prevention.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2020 - Dec 31, 2020

Fiscal Year

2020

Published

Jul 1, 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:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees