Business
Cenovus releases 2013 corporate responsibility report
CALGARY , July 2, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has publish...

About this update from Cenovus Energy Inc.
[{"type":"text","content":"\n\n\n\n\n\nCALGARY, July 2, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE)\n has published its 2013 corporate responsibility report detailing the\n company's efforts to protect the health and safety of its workers,\n accelerate environmental performance, invest in local communities and\n maintain the highest standards of corporate governance while producing\n oil and gas the world needs.\n\n\n\"At Cenovus, we take our commitment to responsible energy development\n seriously,\" said Kendall Dilling, Cenovus Vice-President, Environment &\n Regulatory. \"We want Canadians to be proud of the work we're doing.\"\n\n\nHighlights from the 2013 report include:\n\n\n\nSpending nearly $400 million doing business with Aboriginal companies,\n which represents about 12% of total capital investment and brings\n Cenovus's cumulative spending with Aboriginal businesses to more than\n $1 billion since the company's inception in December 2009\n\n\nSafely storing nearly two million tonnes of carbon dioxide (CO2) underground at Cenovus's enhanced oil recovery project near Weyburn,\n Saskatchewan. Total cumulative CO2 storage at Weyburn now exceeds 22 million tonnes.\n\n\nLaunching a Wild Watch website and smartphone app to enhance Cenovus's wildlife monitoring\n program\n\n\nDonating over $1 million to more than 20 non-profit organizations to\n assist with disaster relief efforts following flooding in southern\n Alberta\n\n\nCommitting $1.5 million to school districts in northern and southeastern\n Alberta to support literacy and career development programs\n\n\n\n\"We're proud of the progress we've made,\" said Dilling. \"However, we\n truly believe the status quo is unacceptable. Whether we're encouraging\n staff to keep safety top of mind, investing in technology to\n continuously improve environmental performance, or finding innovative\n ways to support the communities where we live and work, we know we can\n do better.\"\n\n\nCenovus's corporate responsibility report uses the Global Reporting Initiative as a framework and aligns its performance measures with standards set\n out by the Canadian Association of Petroleum Producers Responsible Canadian Energy™ program. The full 2013 report is available\n on cenovus.com.\n\n\nCenovus Energy Inc.\nCenovus Energy Inc. is a Canadian integrated oil company. It is\n committed to app...