Cenovus Energy Inc. has been recognized once again for its corporate responsibility performance. The company has been included in the Dow Jones Sustainability North America Index for the eighth consecutive year. Cenovus is one of only two Canadian oil and gas producers to make the index this year. Areas where the company scored well include stakeholder engagement, environmental reporting, water management, social reporting, risk and crisis management, biodiversity, corporate citizenship and philanthropy, climate strategy and corporate governance.
"As one of Canada's largest oil sands operators, we know that corporate responsibility includes helping to develop innovative solutions to the most important environmental and social issues faced by our industry," said Al Reid, Cenovus Executive Vice-President, Environment, Corporate Affairs, Legal & General Counsel. "This recognition from the Dow Jones Sustainability Index (DJSI) reinforces that we're making tangible progress."
The DJSI family, offered jointly by RobecoSAM and S&P Dow Jones Indices, tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies that want to adopt sustainable best practices. More information about the selection criteria and detailed performance data is available at sustainability-indices.com.