Caribou

Biodiversity

We manage our impact on the land by avoiding disturbance wherever possible. At the beginning planning stages of any project, we consider land and wildlife and identify potential impacts so they can be avoided, minimized or mitigated, and so healthy ecosystems are maintained.

Our biodiversity targets: land and wildlife

BIODIVERSITY

Reclaim 3,000 decommissioned well sites by year-end 2025.

Restore more habitat than we use in the Cold Lake caribou range by year-end 2030.

We are demonstrating our commitment to sustainability with ambitious biodiversity targets, including reclaiming 3,000 decommissioned well sites between 2019 and year-end 2025.

When we decommission a well or facility, we use an approach called area-based closure (ABC), which helps increase efficiencies by focusing our abandonment, decommissioning and reclamation work in larger and neighbouring areas to restore more land and habitat faster.

We have committed to restoring more habitat than we have impacted in the Cold Lake caribou range by the end of 2030. Habitat restoration is a cornerstone for caribou recovery and our Caribou Habitat Restoration Project is the largest of its kind in the world, committing to restore up to 4,000 kilometres of linear land disturbances.

Together, these targets demonstrate our continued commitment to be a leader in reclamation and restoration of the landscapes in which we operate.

Learn about the technology and innovation we use to reduce our impact on land and wildlife.

Biodiversity technology & innovation
We are using technology and innovation to further reduce the impact our operations can have on surrounding land and wildlife.
ESG report

Read our environmental, social & governance (ESG) report to learn more about our ESG targets and performance.

Biodiversity at a glance

  • We currently have 25,538 acres in various stages of active reclamation within our portfolio.
  • As part of our Caribou Habitat Restoration Project, we’ve:
    • Restored more than 1,000 km of linear forest disturbances (i.e., old seismic lines, access roads).
    • Planted more than 1.4 million trees since 2016.
    • Have made progress towards our 2030 target of restoring more habitat than we disturb – as of year end 2020 have completed more than 34% of the restoration. 

Our biodiversity innovation in action

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