Energy transition
Our climate objectives depend on decarbonizing our operations and expanding low-emissions businesses.
In this way, we are supporting the energy transition in line with social and consumer expectations and contributing to global energy security.
How are we doing this?
Our strategy
Our strategy positions us well to navigate the complex dynamics of energy markets and the energy transition, motivating us to optimize and transform our current assets.
Reducing emissions in our base business
We’re optimizing our core business while reducing cost and carbon emissions.
Expanding our low-emissions businesses
We are expanding the low GHG emissions businesses we’re in today: low-carbon power, renewable fuels and hydrogen.
Industry collaboration
We are founding and long-standing partners in several organizations, working collectively to advance knowledge-sharing and innovation in our industry.
The strength of Canadian energy is that it is abundant, reliable and backed by achievable climate goals put forward by industry. In fact, we’re one of the few sectors that in the span of 18 months, announced our ambition to be net zero in our operations and then, together with our industry peers, developed a pragmatic plan to achieve it.
Download the reports
2023 Report on Sustainability
(PDF, 9 MB)
2023 Climate Report
(PDF, 4 MB)
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