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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Post by MigraineCallon Jul 20, 2023 12:14pm
261 Views
Post# 35549852

Suncor Alone Outspends Feds on Aboriginal Procurement

Suncor Alone Outspends Feds on Aboriginal ProcurementIn 2022 Suncor alone spent $3.1 billion on Indigenous procurement, or a whopping 20% of overall spend.

By comparison, the entire federal govt spent $1.5 billion 1996-2018 (last year available) through their Aboriginal Procurement Strategy, well under <1%

So in just one year, they spent over twice as much as the Federal government did in 22 years.


https://www.newsfilecorp.com/release/173984/Suncor-Energy-Releases-Annual-Sustainability-and-Climate-Reports

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