Cenovus has a responsibility to work closely with neighbouring Indigenous communities and meaningfully include them in our business. We know that part of this responsibility means understanding the history and culture of Indigenous people.
Our approach to working with Indigenous communities focuses on:
- Consultation: We engage with communities regularly to help ensure they understand the potential impacts of our operations, so we can identify ways to mitigate these impacts.
- Relationships: Our relationships with Indigenous communities are forged based on mutual respect and trust.
- Employment: We support education and training programs that may help community members find employment with Cenovus or another company.
- Investment: We support a range of organizations focused on the needs that are important to each of our local communities and have launched a five-year, $50 million Indigenous Housing Initiative to build much-needed new homes in the First Nations and Métis communities closest to our oil sands operations.
- Business: Whenever possible, we include local Indigenous-owned businesses in our supply chain.
Our Indigenous reconciliation targets
For Cenovus, Indigenous reconciliation means enabling long‑term economic and social value for Indigenous communities and providing meaningful opportunities. That’s why we established two Indigenous reconciliation targets as part of our ESG commitments. Our targets to spend a minimum of $1.2 billion with Indigenous companies between 2019 and year‑end 2025 and achieve Gold Progressive Aboriginal Relations (PAR) certification from the Canadian Council for Aboriginal Business (CCAB) by year‑end 2025 demonstrate our commitment to Indigenous reconciliation.
Cenovus promotes economic reconciliation with Indigenous communities by working with local businesses near our operating areas, including Indigenous community‑owned enterprises, Indigenous entrepreneurs and joint‑venture partnerships. Working with Indigenous businesses helps us meet our labour and service needs, while strengthening local economies and fostering partnerships. Cenovus’s combined 2019 and 2020 spend of $383 million on goods and services provided by local Indigenous companies is a solid start to meeting our spend target. Through our efforts, we successfully added 14 new, self‑identified Indigenous businesses to our portfolio of suppliers in 2020.
The CCAB’s PAR program is Canada’s only certification program focused on best practices in Indigenous relations. By achieving the gold level certification, Cenovus’s Indigenous relations practices and programs will be independently validated and opportunities for improvement will be identified. Gold level is the highest standard that can be achieved by PAR. This target demonstrates our commitment to leading Indigenous relations practices.
- Cenovus has spent over $3 billion on goods and services provided by Indigenous businesses since 2009.
- 100% of staff completed Cenovus’s Indigenous Awareness Training program in 2020.
- Cenovus contributed more than $6 million to organizations and causes focused on supporting Indigenous peoples and community priorities in 2020.
Find out more about our Indigenous initiatives in our 2020 Environmental, Social & Governance report.