December 27, 2004—Suncor Energy Inc. recently announced the release of its 10th Annual Progress Report on Climate Change. The report details the company’s 2003 greenhouse gas emissions for its Canadian operations, as well as progress on specific reduction initiatives.
In 2003, Suncor’s greenhouse gas emission intensity (emissions per unit of production) decreased 4.7 per cent over the previous year, and represented a 22.7 per cent decrease from 1990 levels. Suncor’s total greenhouse gas emissions for the year were 8.51 million tonnes. This is slightly lower than 2002 total emissions, even though Suncor’s total production increased approximately four per cent over the same period.
“We continue to make steady progress in our efforts to reduce greenhouse gas emissions intensity in our operations,” said Rick George, Suncor’s president and chief executive officer. “This annual report provides an opportunity to stop and check our progress, and to reaffirm our commitment to tackling this important issue.”
Suncor’s greenhouse gas management initiatives have resulted in total reductions of 25.7 million tonnes between 1990 and 2003. However, because of significant production growth during that period, total absolute emissions are above the 1990 baseline.
Suncor’s greenhouse gas reduction efforts are guided by a seven-point Climate Change Action Plan. The report outlines a number of concrete steps taken in 2003 to reduce greenhouse gases, including investment in wind energy, emission-reduction initiatives at Suncor’s oil sands operation and efforts to promote public education and awareness about climate change.
Suncor Energy Inc. is an integrated energy company headquartered in Calgary, Alberta. Suncor’s oil sands business, located near Fort McMurray, Alberta, extracts and upgrades oil sands and markets refinery feedstock and diesel fuel while operations throughout western Canada produce natural gas. Sunoco in Canada is separate and unrelated to Sunoco in the United States, which is owned by Sunoco, Inc. of Philadelphia. Suncor’s climate change report can be downloaded from its Web site.
