Sustainability at Suncor
2020 Climate Risk and Resilience Report
This stand-alone report details Suncor’s management of climate change risk, GHG performance and our perspective on our energy future.
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CFO message

Our chief financial officer, Alister Cowan, shares our perspective of the importance of active engagement with investors, and disclosure of climate-related information in line with TCFD recommendations.

GHG goal

We are measuring progress through our goal to reduce GHG intensity by 30% by 2030 and continue to cultivate low-carbon investments into our base business.

Advancing solutions through engagement

Suncor is well-positioned for this transformation and together with the Suncor Energy Foundation, we support organizations who engage Canadians in meaningful discussions on the energy system and the connections between the environment and the economy. We are working with our foundation partners to promote an understanding of the changing energy realities of the 21st century and raise awareness among Canadians of the role their choices and lifestyles play in reducing emissions.

Strategy and scenario planning

Suncor’s energy transition strategy is to steadily improve the efficiency and reduce the carbon footprint of our base business while investing in new lower carbon forms of energy, consumer products and services, consistent with our new purpose – to provide trusted energy that enhances people’s lives, while caring for each other and the earth.