Social & Governance
Canada’s Oil & Gas is an energy choice the world can feel good about
Canada’s oil & gas industry is a world leader in social responsibility and governance standards. Learn more about our progress in making our workplaces safer and more diverse.
World class Social & Governance standards
Canada’s oil and gas industry is regarded as a world leader in Environmental, Social and Governance (ESG) performance. In independent global rankings, Canada is rated #1 in both social responsibility and governance standards among the world’s top 10 oil reserve holding countries.
Our sector’s commitment to setting progressive targets for diversity, championing community investment programs, engaging meaningfully with Indigenous communities, and upholding the highest human rights and labour standards in the world puts Canada in an unparalleled position to be a supplier of choice the world's energy needs.
Safer, healthier workplaces
All aspects of Canada’s oil and gas industry are regulated by provincial and federal regulators to ensure safe, responsible development. Take workplace health and safety. The sector has made great strides in recent years to provide safer workplaces for all. To illustrate, total recordable injury rates in the oil sands have decreased on average by nearly 60% since 2013.
A responsible energy choice for decades to come
While the industry continues to innovate in clean energy technologies such as wind, solar, carbon capture and storage, hydrogen, and biofuels, it is important to understand that traditional oil and gas production and consumption is expected to be a big part of the world energy supply mix for decades. The strong commitment from the Canadian energy sector to achieve world class social and governance standards, paired with our nation’s abundant natural resources, positions Canada’s oil and gas to be a leading choice for responsibly meeting the world’s energy needs for many decades to come.
By the Numbers
Oil sands producers have spent more than $650 million over the last decade on community investment programs.
Total recordable injury rates in the oil sands have decreased on average by nearly 60% since 2013.
More than 75% of individuals on oil sands leadership boards work in other companies or industries
ESG metrics accounted for 15.1% of Canadian oil sands producers’ executive incentive pay consideration in 2020 compared to 11% for U.S. oil and gas executives.