Suncor Energy
Suncor Energy Inc. is a publicly listed integrated oil and gas company headquartered in Canada. In 2020, it had USD 24.66 billion in revenue and a reported 12,591 employees*. Suncor is one of world’s largest producers of oil sands. It has recently made a commitment to achieve net-zero scope 1 and 2 emissions by 2050, but its emissions reduction trend does not yet support this ambition.
- Ranking position
- #36 /100
- Total score
- 8.1 /100
- Performance score
- 3.4 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Trend
Suncor receives a trend score of -. If the company were reassessed in the near future, its score would like decrease. Even if the company meets its target for a 30% reduction in its scope 1 and 2 emissions intensity by 2030, it is projected to fall short of what is required by its 1.5°C pathway. Further, its ambition to become reach net-zero emissions by 2050 does not include scope 3 emissions. Its plans to develop renewables and biofuel production will improve its alignment with its 1.5°C pathway, but they will need to be rapidly scaled up to replace fossil fuel production and achieve a low-carbon transition.
Progress towards the Paris Agreement
More about the company
- Headquarters
- Calgary, Canada
- Group revenue
- USD 24.66 billion
- Ownership structure
- Publicly listed
- Number of employees
- 12,591
- Scope of activity
- Fully integrated
- Website
- https://www.suncor.com/en-ca