Climate
Transforming the future of energy.
Climate change is a complex challenge that requires all of us to transform our relationship with energy. Our collective future will be shaped by how we respond to a number of environmental challenges. We must work together to help meet the world’s climate goals while doing our part to ensure global energy security and supply of energy.
Our objectives
Achieve net-zero emissions by 2050 (scope 1 and 2) and a 10 megatonne reduction in emissions across our value chain by 2030
Getting to net-zero starts by reducing the emissions footprint of our base business. We’re also expanding low-emissions businesses and working with customers, governments and partners to realize our shared climate objectives.
We’re taking tangible actions to achieve our climate objectives which align with the ambition of the Paris Agreement. Over the past decade, we’ve made significant investments in projects and technologies focused on reducing emissions through fuel switching, advancing energy efficiency projects and collaborating with other oil sands companies to pursue large-scale carbon capture and storage.
Reducing greenhouse gas emissions
Pathways Alliance
As proud Canadian companies, members of the Pathways Alliance share the aspiration of Canadians to find realistic and workable solutions to the challenge of climate change. We want to help our country meet its Paris Agreement commitments, including its net-zero by 2050 aspirations.
(52 pages, 4 MB)
(97 pages, 9 MB)
More climate stories
Indigenous
Making room for Indigenous voices at COP27
Environment