New Suncor Report on Sustainability Released
October 27 2003 - 6:37PM
PR Newswire (US)
New Suncor Report on Sustainability Released CALGARY, Oct. 27
/PRNewswire-FirstCall/ -- Suncor Energy Inc. today released its
2003 Report on Sustainability, the first such publication by a
Canadian company to be prepared in accordance with the 2002
Sustainability Reporting Guidelines of the Global Reporting
Initiative (GRI), which is setting new international standards for
tracking sustainability efforts. The 2003 report continues the
story of the Suncor's journey to becoming a sustainable energy
company and describes its environmental, economic and social
performance during 2001 and 2002. While several of Suncor's
previous reports, released every other year since 1995, followed
the GRI guidelines, this is the first time Suncor has provided
information in all the requirements areas of the GRI. "As well as
reflecting Suncor's commitment to being honest and open, this gives
us a benchmark opportunity from which to pursue a course of
continuous improvement," says Rick George, president and chief
executive officer of Suncor. "Sustainability is about earning
stakeholder consent to operate and grow our business. By
communicating candidly, we are more likely to find mutually
beneficial solutions to difficult challenges." Suncor's report was
audited by PricewaterhouseCoopers LLP to verify selected
performance indicators. Copies of the 2003 Report can be obtained
by calling 1-800-558-9071 or by e-mail to . The complete report is
also available on Suncor's website at 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 operates a refining and
marketing business in Ontario with retail distribution under the
Sunoco brand. U.S.A. downstream assets include pipeline and
refining operations in Colorado and Wyoming and retail sales in the
Denver area under the Phillips 66 brand. Suncor's common shares
(symbol: SU) are listed on the Toronto and New York stock
exchanges. Sunoco in Canada is separate and unrelated to Sunoco in
the United States, which is owned by Sunoco, Inc. of Philadelphia.
DATASOURCE: Suncor Energy Inc. CONTACT: Brad Bellows, (403)
269-8717; To request a free copy of this organization's annual
report, please go to http://www.newswire.ca/ and click on
reports@cnw.
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