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WHAT WE DID
- Helped found the Oil Sands Leadership Initiative (OSLI) which is working towards a step-change in our industry’s environmental performance and we are actively participating in the water, land, technology breakthrough and sustainable communities working groups.
- Collaborated with Statoil to participate in the Local Business Facilitation Centre near Fort McMurray.
- Planted approximately 130,000 trees in two years as part of our Faster Forests program.
- Formed an investment joint venture, Energy Technology Ventures, with two leading energy companies to invest in start-up companies developing innovative, energy technologies. Several investments have already been made.
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WHAT WE PLAN TO DO
- Use Oil Sand Leadership Initiative (OSLI) learning's and practices to inform our air and water management strategies.
- Continue to advance a portfolio of technologies to reduce our air, water and land footprint.
- Continue to implement our Faster Forests program.
- Continue to analyze prospects and invest in pilot and demonstration facilities, and, pending success, develop commercialization plans for these technologies.
- Seek to sustain and increase our level of investment in renewable power companies, and in demonstration and commercial prospects.
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