Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Dana Gardner, Elizabeth White, Carmen Gonzalez, PagerDuty Blog

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

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
SYS-CON Events announced today that Creative Business Solutions will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Creative Business Solutions is the top stocking authorized HP Renew Distributor in the U.S. Based out of Long Island, NY, Creative Business Solutions offers a one-stop shop for a diverse range of products including Proliant, Blade and Industry Standard Servers, Networking, Server Options and...
WHOA.com has announced the newest addition to its data center footprint with the expansion into Equinix's newest state-of-the-art facility: DC-11 Washington, DC IBX+. Located in Ashburn, VA, this data center expands Whoa.com's presence to meet rapidly expanding customer demand for secure cloud solutions. Equinix, Inc. operates International Business Exchange™ (IBX®) data centers in 32 markets across 15 countries in the Americas, EMEA, and Asia-Pacific. Equinix is committed to operating faciliti...
SYS-CON Events announced today that FierceDevOps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. FierceDevOps keeps software developers and IT operations personnel updated on the latest news and trends around the rapidly evolving role of the traditional IT worker.
GENBAND has announced that SageNet is leveraging the Nuvia platform to deliver Unified Communications as a Service (UCaaS) to its large base of retail and enterprise customers. Nuvia’s cloud-based solution provides SageNet’s customers with a full suite of business communications and collaboration tools. Two large national SageNet retail customers have recently signed up to deploy the Nuvia platform and the company will continue to sell the service to new and existing customers. Nuvia’s capabili...
Hosted PaaS providers have given independent developers and startups huge advantages in efficiency and reduced time-to-market over their more process-bound counterparts in enterprises. Software frameworks are now available that allow enterprise IT departments to provide these same advantages for developers in their own organization. In his workshop session at DevOps Summit, Troy Topnik, ActiveState’s Technical Product Manager, will show how on-prem or cloud-hosted Private PaaS can enable organ...
The WebRTC Summit 2014 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborat...
WSM International is launching a DevOps services division that offers assessment, consulting and implementation to large enterprises and organizations with complex infrastructures. This is the first independent services company to create a dedicated practice to help organizations looking to transition to the DevOps model. The concept of DevOps is to blend information technology (IT) software development with operations to optimize the computing infrastructure according to the specific needs of ...
SYS-CON Events announced today that the DevOps Institute has been named “Association Sponsor” of SYS-CON's DevOps Summit, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. The DevOps Institute provides enterprise level training and certification. Working with thought leaders from the DevOps community, the IT Service Management field and the IT training market, the DevOps Institute is setting the standard in quality for DevOps education and training.
Wearable technology was dominant at this year’s International Consumer Electronics Show (CES) , and MWC was no exception to this trend. New versions of favorites, such as the Samsung Gear (three new products were released: the Gear 2, the Gear 2 Neo and the Gear Fit), shared the limelight with new wearables like Pebble Time Steel (the new premium version of the company’s previously released smartwatch) and the LG Watch Urbane. The most dramatic difference at MWC was an emphasis on presenting we...
SYS-CON Events announced today that robomq.io will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. robomq.io is an interoperable and composable platform that connects any device to any application. It helps systems integrators and the solution providers build new and innovative products and service for industries requiring monitoring or intelligence from devices and sensors.
Temasys has announced senior management additions to its team. Joining are David Holloway as Vice President of Commercial and Nadine Yap as Vice President of Product. Over the past 12 months Temasys has doubled in size as it adds new customers and expands the development of its Skylink platform. Skylink leads the charge to move WebRTC, traditionally seen as a desktop, browser based technology, to become a ubiquitous web communications technology on web and mobile, as well as Internet of Things...
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed...