Craig Stenhouse, Group Lead of Corporate Responsibility for Cenovus Energy, talks about responsible business practices at the company.
Named to Maclean's and Corporate Knights top 50 lists
CALGARY, June 6, 2013 /CNW/ - Cenovus Energy Inc. (TSX, NYSE: CVE) has been recognized once again as
one of the country's most responsible companies. Today, Maclean's magazine and Sustainalytics ranked Cenovus among the Top 50 Socially
Responsible Corporations in Canada for the second year in a row. In a
separate ranking, Corporate Knights magazine recognized Cenovus as one of the Best 50 Corporate Citizens in
Canada for the third consecutive year.
"At Cenovus, we believe that how we do our work is as important as what
we do, so it's gratifying to be recognized as a leading corporate
citizen by such reputable organizations as Sustainalytics, Maclean's and Corporate Knights," said Jim Campbell, Cenovus Vice-President, Government Affairs &
Corporate Responsibility. "We strive to develop our business
responsibly, finding the right balance between economic, governance,
social and environmental performance."
Cenovus is one of only four energy and utilities companies to make the Maclean's and Sustainalytics top 50 most socially responsible companies in Canada
list this year. In addition, Cenovus moved into the top half of the Corporate Knights Best 50 Corporate Citizens in Canada ranking.
Maclean's works with Sustainalytics, a global leader in corporate responsibility
analysis, to evaluate performance in areas such as environmental
initiatives, impact on local communities and employee satisfaction. Corporate Knights is a quarterly Canadian magazine whose annual corporate citizenship
ranking considers a variety of factors, including a company's impact on
the environment, its safety record, pension fund quality, board
diversity, corporate governance and transparency.
"When Cenovus was created just over three years ago, we aimed to become
a leader in corporate responsibility," said Craig Stenhouse, Cenovus
Group Lead, Corporate Responsibility. "Receiving this kind of
recognition year after year reaffirms that we are on the right track."
In addition to mandatory reporting, Cenovus voluntarily discloses its
corporate responsibility performance every year in a number of ways,
including through the Carbon Disclosure Project, the Carbon Disclosure
Project Water Disclosure, the Dow Jones Sustainability Index and
through the company's annual Corporate Responsibility report and
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.
Video with caption: "Craig Stenhouse, Group Lead of Corporate Responsibility for Cenovus Energy, talks about responsible business practices at the company.". Video available at: http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20130606_C6054_VIDEO_EN_27661.mp4&posterurl=http://photos.newswire.ca/images/20130606_C6054_PHOTO_EN_27661.jpg&clientName=Cenovus%20Energy%20Inc%2E&caption=Craig%20Stenhouse%2C%20Group%20Lead%20of%20Corporate%20Responsibility%20for%20Cenovus%20Energy%2C%20talks%20about%20responsible%20business%20practices%20at%20the%20company%2E&title=CENOVUS%20ENERGY%20INC%2E%20%2D%20Cenovus%20recognized%20as%20a%20leader%20in%20corporate%20responsibility&headline=Cenovus%20recognized%20as%20a%20leader%20in%20corporate%20responsibility
Image with caption: "Steam generators at Cenovus Energy's Foster Creek oil sands operation. (CNW Group/Cenovus Energy Inc.)". Image available at: http://photos.newswire.ca/images/download/20130606_C6054_PHOTO_EN_27657.jpg
Image with caption: "Cenovus Energy's Christina Lake oil sands operation. (CNW Group/Cenovus Energy Inc.)". Image available at: http://photos.newswire.ca/images/download/20130606_C6054_PHOTO_EN_27659.jpg
SOURCE: Cenovus Energy Inc.
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