Social Investment at Suncor- 2023 Report on Sustainability

We broke new ground when we first began publicly reporting our sustainability performance in the mid-1990s. Twenty-eight years later, our Report on Sustainability and its companion publication, the Climate Report, continue the practice of disclosing our progress in more than a dozen areas of environmental, social and governance (ESG) performance. Read more on our ESG progress in our reports here.

NORTHAMPTON, MA / ACCESSWIRE / November 1, 2023 / Suncor contributes to the communities where we operate by making direct investments to support social, economic and environmental solutions through Suncor, Petro-Canada and Syncrude.

This work is supported by the programs of the Suncor Energy Foundation and the Petro-Canada CareMakers Foundation. Suncor independently contributed approximately $40 million in 2022 to community, charitable and non-profit groups.

The Suncor Energy Foundation

The Suncor Energy Foundation (SEF) embodies our purpose of caring for each other and the Earth by working directly with communities seeking solutions to challenges today and for generations ahead. SEF combines community and Suncor strengths to find social, economic and environmental solutions to complex challenges. To bring this work to life, we focus on three interconnected pillars: strategic funding priorities, social innovation capacity and community presence. SEF increased its donations in these areas to approximately $18 million in 2022.

• Strategic funding priorities

Through SEF's funding priorities, we are learning from and with Indigenous Peoples and others to strengthen community while the world is going through an energy transition. We are collectively experiencing many changes, but we believe Indigenous knowledge and community strengths will help us all adapt.

• Social Investment

Through SEF's funding priorities, we are learning from and with Indigenous Peoples and others to strengthen community while the world is going through an energy transition. We are collectively experiencing many changes, but we believe Indigenous knowledge and community strengths will help us all adapt.

• Community presence

Suncor and SEF both invest in local communities where we have operations across Canada and internationally. We also offer employee engagement, volunteering and donation opportunities through the SunCares program. SunCares inspires employees to contribute to communities and support the causes that are important to them. Through SunCares, almost $6.2 million was contributed to communities in 2022.

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