Cenovus makes Dow Jones Sustainability Index for seventh year in a row
“This recognition is testament to our ongoing pursuit of excellence and continuous improvement in everything we do,” Al Reid, Cenovus' executive vice president for environment, corporate affairs and legal, said. ”We’ve worked hard to earn a reputation as a company that thinks differently and collaborates with others to find innovative solutions to the environmental and social issues faced by our industry. We remain committed to developing new approaches and new technologies to help ensure that oil can be part of the clean-energy future we all want.”
The Dow Jones Sustainability indices are a tool for both investors looking to weigh sustainability considerations in their investment decisions and companies wishing to adopt more sustainable practices, as they evaluate companies based on economic, environmental and social criteria. Cenovus was included this year based on high scores in corporate governance, social and environmental reporting, stakeholder engagement, biodiversity, climate strategy, and risk and crisis management.
Only two other Canadian oil and gas producers joined Cenovus on the Dow Jones Sustainability North America Index this year.