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Corporate responsibility at Cenovus

Sustainability at Cenovus

Sustainability has always been deeply engrained in Cenovus’s culture and with the acquisition of Husky Energy on January 1, 2021, it continues to be integral to our operations as a combined company. It means creating a safe and inclusive workplace, partnering with local and Indigenous communities, and innovating to minimize our impact on the environment. We believe striking the right balance among environmental, economic and social considerations creates long-term value for our business operations and shareholders.

Cenovus remains committed to world-class safety performance and environmental, social and governance (ESG) leadership. This includes ongoing disclosure of transparent performance reporting, an ambition to achieve net zero emissions by 2050 and a plan to set ambitious new ESG targets for the combined company.

Environment

ESG focus areas

Recognizing that Safety & asset integrity and Governance remain foundational to all that we do, we’ve identified five ESG focus areas.

Indigenous reconciliation

Indigenous reconciliation

We have a responsibility to work with neighbouring Indigenous communities and meaningfully include them in our business.

Community investment

Community investment

We're striving to ensure the communities where we live and work are better off as a result of us being there.

Safety

Health and Safety

Safety is a core value that informs all the decisions we make. We want everyone to return home safely to their families at the end of the day.