World class Social & Governance standards

Canadas 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 sectors 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.  

Aerial view of Cenovus oil sands facility at Christina Lake, Alberta

Safer, healthier workplaces

All aspects of Canadas 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.

Workers at the Sunrise oil sands project in northern Alberta

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 nations abundant natural resources, positions Canadas oil and gas to be a leading choice for responsibly meeting the worlds energy needs for many decades to come. 

Worker among pipes in an industrial setting

By the Numbers

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Oil sands producers have spent more than $650 million over the last decade on community investment programs.

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Total recordable injury rates in the oil sands have decreased on average by nearly 60% since 2013.

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More than 75% of individuals on oil sands leadership boards work in other companies or industries

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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.

If oil and gas came with a label, what would you learn?