Suncor Energy named to 50 Most Responsible Corporations list
Jantzi Research and Maclean's magazine recognize Suncor for environmental and social responsibility
Calgary, Alberta (June 22, 2009) — Suncor today announced it has been named to the 2009 Jantzi/Maclean's list of the 50 Most Responsible Corporations in Canada. Compiled by Jantzi Research and published in this week's Maclean's magazine, the list profiles leading environmental, social and governance practices of Canada's most prominent corporations.
Suncor was recognized for its renewable energy operations, which includes four wind power projects and one of the largest ethanol plants in the country, as well as for the extent of its spending with Aboriginal businesses. The report also highlighted Suncor's research into technologies to reduce the environmental impact of its operations, and the life-cycle value assessments it has done to evaluate potential environmental, social and economic impact of major projects.
The recognition comes on the heels of the recent launch of Suncor's 7th biennial sustainability report, a web-based report in which the company provides information related to its environmental, social and economic performance.
Jantzi Research, an independent research firm, evaluated companies using more than 100 indicators of environmental, social and governance performance.
This news release contains forward-looking statements identified by the words "research" and "potential" and similar expressions that address expectations or projections about the future. The forward-looking statements and information in this press release are based on certain key expectations and assumptions made by Suncor, including the receipt, in a timely manner, of regulatory and third party approvals in respect of the proposed merger. Although Suncor believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Suncor can give no assurance that they will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the operations or financial results of Suncor or the merged company are included in reports on file with applicable securities regulatory authorities and may be accessed through the SEDAR website (http://www.sedar.com/), the SEC's website (http://www.sec.gov/) or at Suncor's website (http://www.suncor.com/).
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. Suncor also operates a refining and marketing business which includes refining, retail, pipeline and distribution operations in Ontario, Canada and in Colorado and Wyoming in the United States. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
Suncor Energy (U.S.A.) Inc. is an authorized licensee of the Shell® and Phillips 66® brand and marks in the state of Colorado. Sunoco in Canada is separate and unrelated to Sunoco in the United States, which is owned by Sunoco, Inc. of Philadelphia.
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For general information about Suncor Energy Inc. please visit our web site at http://www.suncor.com/ . To review the company's 2009 Report on Sustainability, visit www.suncor.com/sustainability.
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