Performance goals and progress
As part of Suncor's ongoing commitment to environmental stewardship, the company committed to a series of strategic, ‘beyond-compliance’ environmental performance goals.
The target year for these planned improvements is 2015, with a base year of 2007. The goals were established in 2009 and take into account improvements to existing operations as well as new technologies. Each goal relates to a significant aspect of Suncor's environmental performance.
Through a series of planning meetings with senior executives, these goals were identified as priority measures to address:
- business and environmental risks
- concerns expressed by stakeholders
- a means to further our commitment to the sustainability of the environment
Preliminary work is underway to develop post-2015 goals for Suncor. During this process, our focus will be on creating sustainability goals for the organization rather than just environmental performance goals. This means that we will also examine social themes as potential goal areas. Developing sustainability goals is an intensive piece of work that requires the involvement of a number of individuals from across our organization. To date, several cross-disciplinary teams have been formed to examine the possibility of setting goals within:
- current environmental areas
- new environmental areas
- social performance areas.
Work to identify, define and test new goals will continue throughout 2013 and 2014.
With respect to our current 2015 environmental performance targets, we continue to identify capital projects and operational initiatives that will help close gaps and drive the organization towards the successful achievement of these goals. Suncor baselines have been set to include all currently operated assets. Over time, baselines may be adjusted to reflect changes in Suncor's operated portfolio resulting from acquisitions and divestitures.
What follows is a brief description of Suncor's four environmental performance goals and what we expect is required to accomplish them. All of the proposed company environmental improvements are absolute, except for energy efficiency, which is intensity based.
Please note that the Suncor environmental performance data presented in this section may differ from that provided elsewhere in the 2013 Report on Sustainability. Historical environmental performance data for the environmental goals includes only operated assets as at Dec. 31, 2012 and does not include assets disposed before this date.
* The base year for the planned improvements is 2007. The goals were established in 2009.
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