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Major opportunities and risks
As a result of the 2009 merger with Petro-Canada, Suncor has an expanded international presence, including operations in Libya and Syria. In all business decisions, we weigh the potential economic opportunity versus the potential impacts on communities and subsequent risks to the company.
By operating responsibly in high-risk and conflict-affected countries, foreign corporations can contribute to strong economies and communities, which in turn can contribute to peace, stability and respect for human rights.
Foreign companies operating in high-risk and conflict-affected countries are at risk of potential complicity in human rights through the use of public or private security, the use of migrant workers, or inter-tribal conflict inside and outside the workplace.
Suncor has enacted several policies which encompass this area, including:
Suncor’s president and chief executive officer is accountable to the Board of Directors for ensuring this policy is effectively implemented. All Suncor employees engaged in activities under Suncor’s operational control are responsible for the application of this policy.
Key strategies and procedures for implementation
Implementation of the Human Rights policy and framework is underway and includes:
Major changes to systems or structures to improve performance
Training and awareness
In 2012/2013, Suncor also conducted a human rights workshop specifically for employees working in its Libya business unit that focused on responsible business practices in high-risk, conflict-sensitive areas, risk assessments, stakeholder engagement, strategic social investment and the voluntary principles on security and human rights. Awareness among Suncor’s employees ensures that we meet the goals of the Human Rights policy. We are committed to training and communicating our approach to human rights as part of the implementation of this policy.
Monitoring and followup
The policy will be reviewed annually and we will provide regular, objective reporting on our progress in our Sustainability Report.
Corporate social responsibility audits will be performed annually in the areas where we operate, where human rights may be at a particular risk due to the external environment.
Goals and performance
Goals and performance measures related to operating responsibly in conflict-affected and high-risk areas have been incorporated into 2012 goals and workplans for Exploration & Production, and Sustainability & Communications.
Key successes and shortcomings
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