-- In 2012, Suncor spent more than $11.2 billion on goods and services. Of our 10,000-plus suppliers, 8,000 are Canadian and span all 10 provinces as well as the Northwest Territories and the Yukon.-- Since 1992, Suncor has spent more than $2 billion on goods and services from Aboriginal businesses - $1 billion of that amount has been spent since 2009.
-- Suncor continues to invest in incremental and game-changing technology improvements that will reduce environmental impact while still allowing higher production and enhanced profitability. The Report on Sustainability highlights some of the key technologies we are progressing, including in areas that we expect will help reduce GHG emissions. For example, a pilot plant is testing a new technology with the potential to use 85 per cent less energy during in situ extraction.
"Taking sustainability to the next level is about solutions-driven collaboration - with industry peers, governments, non-government organizations, communities and other stakeholders. Together, we need to look at the cumulative impacts of how we produce and use energy and try to find common ground in shaping a more sustainable energy future."
- Arlene Strom, vice president, Sustainability and Communications
"We're an industry committed to continuous improvement in environmental performance. We do this through investment in technology and innovation and, increasingly, through collaboration with industry peers and others. While there's still a lot of work to be done, we've made real progress, as a company and an industry, on many environmental challenges."
- Gord Lambert, executive advisor, Sustainability and Innovation
"When I talk to our people about the work we do, it comes back to living up to Suncor's mission, vision and values. We need to be all about strong community engagement, respect, and living up to our commitments. That's the best way to secure and retain our social licence to operate."
- Bonnie Veness, manager, Stakeholder and Aboriginal Relations
Table of Contents:
-- About Suncor -- What guides us -- CEO message -- Performance goals and progress -- Awards -- Video gallery -- Charts library-- Environment -- Environmental Excellence Plan -- GHG emissions: The path forward -- Air -- Water -- Land and biodiversity -- Tailings-- Social -- Safety, health and security -- Social responsibility -- Community investment-- Economic -- Economic performance -- Contribution to economy -- Access to markets-- Performance data
Certain statements in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). All forward-looking statements are based on Suncor's current expectations, estimates, projections, beliefs and assumptions based on information available at the time the statement was made and in light of Suncor's experience and its perception of historical trends.
Some of the forward-looking statements may be identified by words like "expected," "anticipates," "approximately," "estimates," "plans," "scheduled," "intends," "may," "believes," "projects," "indicates," "could," "focus," "vision," "goal," "proposed," "target," "objective," "continue" and similar expressions. In addition, all other statements that address expectations or projections about the future, including statements about our strategy for growth, costs, schedules, production volumes, operating and financial results and expected impact of future commitments, are forward-looking statements. Forward-looking statements in this news release include references to: Suncor's environmental goals to be achieved by 2015 (as compared to a baseline year of 2007), including improving energy efficiency by 10%, achieving absolute reductions in fresh water consumption by 12% and air emissions by 10% and increasing land reclaimed by 100%; and the expectation that EMS will improve the measurement, control and governance of energy and is expected to result in a two to three per cent improvement in energy/GHG intensity through better operational control; and key technologies, that we expect will reduce GHG emissions. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to our company. Suncor's actual results may differ materially from those expressed or implied by our forward-looking statements and you are cautioned not to place undue reliance on them.