Cenovus recognized for leadership role in emissions
CALGARY, Alberta (October 16, 2012) - Cenovus Energy Inc.
(TSX, NYSE: CVE) is being recognized for the third
consecutive year for its leadership in the reporting of
greenhouse gas emissions through inclusion in the 2012
Canada 200 Carbon Disclosure Leadership Index. Cenovus is
among the top 20 Canadian companies named by the Carbon
Disclosure Project (CDP) for demonstrating exceptional
levels of climate change disclosure.
"Improving our environmental performance is integral to our
business at Cenovus," said Judy Fairburn, Cenovus Executive
Vice-President, Environment & Strategic Planning. "We're
committed to achieving further reductions in emissions
intensity and we'll continue to share our progress through
transparent disclosure. Continued inclusion in the Carbon
Disclosure Leadership Index reaffirms that we're on the
The CDP, an independent not-for-profit organization,
operates the world's largest storehouse of data on
corporate greenhouse gas (GHG) emissions. Companies
voluntarily submit information about GHG management
strategies, emissions accounting, emissions reductions,
corporate governance, and best practices in areas such as
energy efficiency and funding for innovation.
"Companies that make the Carbon Disclosure Leadership Index
have demonstrated strong internal data management practices
for the measurement of greenhouse gas emissions and energy
use," said Paul Simpson, Carbon Disclosure Project Chief
Executive Officer. "They are also giving clear
consideration to the business issues related to climate
change and their exposure to climate-related risks and
opportunities. This is vital to realizing greater
efficiencies, protecting the business from risk and
capitalizing on opportunities."
The 2012 survey was conducted on behalf of 655 investment
companies around the world that manage US$78 trillion in
assets. The full list of companies included in the 2012
Canada 200 Carbon Disclosure Leadership Index is available
In addition to disclosing information about GHG management
through the CDP, Cenovus also publishes an annual Corporate
Responsibility report that includes information on air,
water and land. The full report is available at www.cenovus.com/responsibility.
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 For more information, visit www.cenovus.com.
Carbon Disclosure Project
The 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
harnesses the power of market forces, including 655
institutional investors with assets of US$78 trillion, to
collect information from companies on their greenhouse gas
emissions and assessment of climate change and water risk
and opportunity. CDP now holds the largest collection
globally of primary climate change and water data and puts
these insights at the heart of strategic business,
investment and policy decisions.www.cdproject.net to find