Company selected for fourth year in a row
CALGARY, Oct. 1, 2013 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE)
is being recognized again for its leadership in the reporting of
greenhouse gas (GHG) emissions with its inclusion in the 2013 Canada
200 Climate Disclosure Leadership Index. This is the fourth consecutive
year that Cenovus has been named to the index which is published by CDP
(formerly known as the Carbon Disclosure Project).
"At Cenovus, we've made a promise to produce energy resources
responsibly," said Sheila McIntosh, Cenovus Executive Vice-President,
Environment & Corporate Affairs. "This recognition is a testament to
the transparency of our environmental reporting. We'll continue to
focus on minimizing our greenhouse gas emissions and maintaining our
high standards of emissions disclosure."
CDP's annual Canada 200 Climate Disclosure Leadership Index (previously
the Canada 200 Carbon Disclosure Leadership Index) highlights the
largest 200 companies (by market capitalization) listed on the Toronto
Stock Exchange that have demonstrated excellence in reporting GHG
emissions and have a good understanding of GHG related issues affecting
"Canadian companies that score highly enough to be included in the
Climate Disclosure Leadership Index are responding to the call for
greater corporate climate accountability," said Paul Simpson, CDP Chief
Executive Officer. "They have demonstrated leading practices in the
measurement and disclosure of greenhouse gas emissions and energy use,
and transparency in their climate change strategy."
"We want our stakeholders to be able to track our progress so they can
be proud of how we develop our oil and gas assets," said Jon Mitchell,
Cenovus Director, Environment Policy & Strategy. "In addition to
working with CDP, we also voluntarily disclose information about our
environmental performance through our annual corporate responsibility
Cenovus's corporate responsibility report is available at cenovus.com/responsibility. The 2013 Climate Disclosure Leadership Index survey was conducted on
behalf of 722 investment companies around the world that manage US$97
trillion in assets. The full list of companies included in the 2013
Canada 200 Climate Disclosure Leadership Index is available at cdp.net.
Cenovus Energy Inc.
Cenovus Energy Inc. is a Canadian oil company. It is committed to
applying fresh, progressive thinking to safely and responsibly unlock
energy resources the world needs. Operations include oil sands projects
in northern Alberta, which use specialized methods to drill and pump
the oil to the surface, and established natural gas and oil production
in Alberta and Saskatchewan. The company also has 50% ownership in two
U.S. refineries. Cenovus shares trade under the symbol CVE, and are
listed on the Toronto and New York stock exchanges. Its enterprise
value is approximately $28 billion. For more information, visit cenovus.com.
Find Cenovus on Facebook, Twitter, Linkedin and YouTube.
Carbon Disclosure Project
CDP is an international, not-for-profit organization providing the only
global system for companies and cities to measure, disclose, manage and
share vital environmental information. CDP works with market forces to
motivate companies to disclose their impacts on the environment and
natural resources and take action to reduce them. CDP now holds the
largest collection globally of primary climate change, water and forest
risk commodities information and puts these insights at the heart of
strategic business, investment and policy decisions. Visit cdp.net to find out more.
SOURCE: Cenovus Energy Inc.
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