Sustainability at Suncor

Economic impact

As Canada’s leading integrated energy company, we believe environmental and social progress and economic performance are intertwined and integral to our success.
Female workers entering the Suncor Energy Centre
Workers entering the Suncor Energy Centre.

We continue to drive competitive and sustainable returns to shareholders through our integrated business model while maintaining financial strength, flexibility and our commitment to environmental stewardship and sustainability. Our actions are intended to ensure the long-term health of our business, while reliably delivering critical energy to consumers.

Our focus on operational excellence, commitment to capital discipline and investments in high-value projects underpins our ability to generate cash flow across a wide range of business environments. The unique integrated model provides a link from the energy source to the end consumer. This enables us to invest in enhancing the efficiency of our operations and improve the carbon intensity of the products we sell.

The energy and products we provide are secure, reliable and essential to support our communities and society. They are critical to the quality of life we enjoy in North America and have additional benefits, including contributing to our economy.

The revenue from the royalties and taxes we pay to government helps fund public sector programs, including education, health care and critical infrastructure. We also create thousands of jobs and provide significant revenue to a wide-range of suppliers.

$836

million CAD

spent with Indigenous-owned businesses and suppliers

$2.6

billion CAD

royalties and taxes paid

$3.6

billion CAD

wages and benefits

Amidst today’s extraordinary market challenges we believe that Suncor is well positioned to succeed due to the company’s advantages: financial strength, capital discipline, a highly efficient, tightly integrated suite of assets, an industry-leading long life, low-decline oil sands reserves base, a sophisticated infrastructure and logistics network, strategic refineries and retail and wholesale network, and our investment in sustainability, technology and innovation.

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