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Suncor Energy Releases Annual Sustainability and Climate Reports
Calgary, Alberta--(Newsfile Corp. - July 18, 2023) - Suncor (TSX: SU) (NYSE: SU) released its 202...
About this update from Suncor Energy Inc.
[{"type":"text","content":"Suncor Energy Releases Annual Sustainability and Climate ReportsCalgary, Alberta--(Newsfile Corp. - July 18, 2023) - Suncor (TSX: SU) (NYSE: SU) released its 2023 Report on Sustainability and its 2023 Climate Report today. The reports highlight how the company is working to achieve strong environmental, social and governance (ESG) performance and the company's actions on sustainable energy development. This year's Report on Sustainability marks the company's 28th year of sustainability reporting, a testament to Suncor's commitment to sustainability and transparent reporting. \"There is an increasing focus on these reports, particularly from our financial partners. They want to know about our performance, our ambition and our plans for a low-carbon future,\" said Rich Kruger, President and Chief Executive Officer. \"Since joining Suncor, my focus has been to drive performance improvement across all aspects of our business. A strong, high performing base business enables superior returns to shareholders and ensures a strong balance sheet to fund continued investments in decarbonization, reclamation, biodiversity, people and communities.\"The Report on Sustainability and the Climate Report are both available as downloadable PDFs: Download the 2023 Report on Sustainability Download the 2023 Climate Report For an overview of Suncor's sustainability efforts and to read the reports, visit suncor.com/sustainabilityreportingLegal Advisory - Forward-Looking Information This news release as well as Suncor's 2023 Report on Sustainability and Climate Report, to which links are provided for in this news release, contains certain forward-looking information and forward-looking statements (collectively referred to herein as \"forward-looking statements\") and other information based on Suncor's current expectations, estimates, projections and assumptions that were made by the company in light of information available at the time the statement was made. Forward-looking statements in this news release include references to: Suncor's commitment to invest 10% of capital in emissions reduction and low-carbon energy, its net zero by 2050 objective, the Pathways Alliance's proposed carbon storage hub, and the company's objective to reduce greenhouse gas emissions by 10 megatonnes by 2030 across our value chain. Forward-looking statements and informati...