Cenovus releases 2017 corporate responsibility report
August 07 2018 - 6:54PM
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has published its 2017
corporate responsibility report detailing the company's efforts to
accelerate its environmental performance, protect the health and
safety of its staff, invest in and engage with the communities
where it operates and maintain the highest standards of corporate
governance.
Highlights for 2017 included:
- Achieving the company’s lowest ever total recordable injury
frequency (TRIF) of 0.36
- Awarding 33 scholarships valued at $3,500 each for Aboriginal
students pursuing a full-time degree, diploma or certified
trade
- Donating over $10 million to more than 1,000 local community
organizations with a focus on supporting youth, strong families and
safe communities
- Raising nearly $1.5 million for more than 500 charitable
organizations through our annual Thanks & Giving employee
donation campaign
- Spending $240 million doing business with local
Aboriginal-owned companies or joint ventures and surpassing $2.4
billion in Aboriginal business spending since the company’s launch
in 2009
- Publishing Cenovus’s Carbon Disclosure: Managing
climate-related risks. The report features Cenovus’s perspective on
the transition to a lower-carbon future, carbon pricing and the
ways that the company is managing and mitigating climate-related
risks.
Cenovus's corporate responsibility report has been prepared in
accordance with the Global Reporting Initiative (GRI) 2016 Standard
‘Core’ option. The company also references the International
Petroleum Industry Environmental Conservation Association (IPIECA)
Oil and Gas Industry Guidance for Voluntary Sustainability
Reporting (3rd edition) and various guidelines from the Canadian
Association of Petroleum Producers (CAPP).
Cenovus Energy Inc. Cenovus Energy Inc. is a
Canadian integrated oil and natural gas company. It is committed to
maximizing value by responsibly developing its assets in a safe,
innovative and efficient way. Operations include oil sands projects
in northern Alberta, which use specialized methods to drill and
pump the oil to the surface, and established natural gas and oil
production in Alberta and British Columbia. The company also has
50% ownership in two U.S. refineries. Cenovus shares trade under
the symbol CVE, and are listed on the Toronto and New York stock
exchanges. For more information, visit cenovus.com.
Find Cenovus on Facebook, Twitter, LinkedIn, YouTube and
Instagram.
CENOVUS CONTACT: Media Relations general line
403-766-7751
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