FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
For the month of: July 2012 |
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Commission File Number: 1-12384 |
SUNCOR ENERGY INC.
(Name of registrant)
150 6th Avenue S.W.
P.O. Box 2844
Calgary, Alberta
Canada, T2P 3E3
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
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Form 20-F |
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Form 40-F |
X |
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Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the SEC pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
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Yes |
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No |
X |
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If Yes is marked, indicate the number assigned to the registrant in connection with Rule 12g3-2(b):
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N/A |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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SUNCOR ENERGY INC. | |
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Date: |
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By: |
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July 19, 2012 |
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Shawn Poirier |
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Shawn Poirier Assistant Corporate Secretary |
EXHIBIT INDEX
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Exhibit |
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Description of Exhibit |
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99.1 |
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Press Release Dated July 18, 2012, Suncor Energy releases 2012 Report on Sustainability |
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EXHIBIT 99.1
Press Release Dated July 18, 2012,
Suncor Energy releases 2012 Report on Sustainability
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News Release |
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FOR IMMEDIATE RELEASE
Suncor Energy releases 2012 Report on Sustainability
Calgary, Alberta (July 18, 2012) Suncor Energy announced today the release of its 2012 Report on Sustainability a comprehensive review of the companys environment, social and economic performance for the year. The report, themed Perspectives: Creating our energy future together, outlines the issues and trends we face as a company and in our industry, as well as what were doing and where were headed.
At Suncor, weve always seen this report as more than just a corporate document; our hope is that it can also stimulate constructive dialogue on the challenges associated with energy development, said Steve Williams, president and CEO. The genius of sustainable development is that it forces everyone to consider energy challenges and opportunities from multiple perspectives.
The report outlines Suncors four environmental performance goals and updates the companys progress on achieving them.
Suncors Goals:
· Reduce fresh water consumption by 12% by 2015
· Increase reclamation of disturbed land area by 100% by 2015
· Improve energy efficiency by 10% by 2015
· Reduce air emissions by 10% by 2015
All of the proposed reductions are absolute, except for energy efficiency which is intensity-based. The base year for the planned improvements is 2007.
Highlights from the 2012 report include:
· Progress in reducing fresh water demand at our oil sands mining operations: Suncors gross fresh water withdrawal from the Athabasca River has declined by 50% since 2004.* Water withdrawal is below 1998 levels, even though bitumen production has nearly tripled.
· Improvements in how Suncor manages tailings: Suncor is targeting a 100% increase in land area reclaimed by 2015.**
· Momentum on reducing greenhouse gas (GHG) emissions: Suncors climate change action plan has contributed to a 53% decrease in GHG emissions intensity at our oil sands operation from 1990 levels.*
· Steady investment in communities in which we operate: Suncor and the Suncor Energy Foundation (SEF) launched a bold new approach to investing in communities in 2011. Since 1998, Suncor and the SEF have invested $130 million in communities where we live and work.
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Suncor Energy 150 6 Avenue S.W., Calgary, Alberta T2P 3E3 www.suncor.com |
· Significant contribution to the economy: Suncor spent $10.9 billion*** on goods and services in 2011, with vendors in all 10 Canadian provinces as well as the Northwest Territories and Yukon.
Suncor created the 2012 Report on Sustainability using the Global Reporting Initiative (GRI) GR3 guidelines to the GRI A+ reporting level an internationally recognized standard in sustainability reporting. As in previous years, Suncor enlisted the guidance of Ceres, a network of investors, labour, environmentalists and other public interest groups in developing the report.
The web-based report, which includes articles, photos, data tables, charts and graphs, as well as a summary PDF document and a video featuring Suncor stakeholders, partners and employees, is now available at www.suncor.com/sustainability. Readers are encouraged to submit feedback on the report by visiting the website or emailing info@suncor.com. A printed magazine-style 2012 Summary Report on Sustainability will be mailed to stakeholders in late July.
* As at December 31, 2011
**Reclaimed lands have not been certified as such by government regulators. For further details on what we mean by reclaimed, please see below.
*** Excludes spend on goods and services in Libya and Syria
This news release contains certain forward-looking statements and other information based on Suncors current expectations, estimates, projections and assumptions that were made by the company in light of its experience and its perception of historical trends, including: expectations and assumptions concerning the accuracy of reserves and resources estimates; commodity prices and interest and foreign exchange rates; capital efficiencies and cost savings; applicable royalty rates and tax laws; future production rates; the sufficiency of budgeted capital expenditures in carrying out planned activities; the availability and cost of labour and services; and the receipt, in a timely manner, of regulatory and third-party approvals. All statements and other information that address expectations or projections about the future, and other statements and information about Suncors strategy for growth, expected and future expenditures, commodity prices, costs, schedules, production volumes, operating and financial results and expected impact of future commitments are forward-looking statements. Some of the forward-looking statements and information may be identified by words like expects, guidance, anticipated, estimated, plans, scheduled, belief, projects, could, outlook, target, objective, and similar expressions. Forward-looking statements in this news release include references to Suncors environmental goals, including reducing fresh water consumption, increasing reclamation, improving energy efficiency and reducing air emissions.
Forward-looking statements and information are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to Suncor. Suncors actual results may differ materially from those expressed or implied by its forward-looking statements, so readers are cautioned not to place undue reliance on them.
Suncors Managements Discussion and Analysis dated April 30, 2012, Annual Information Form/Form 40-F dated March 1, 2012, Annual Report to Shareholders and other documents it files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available without charge from Suncor at 150 6th Avenue S.W., Calgary, Alberta T2P 3E3, by calling 1-800-558-9071, or by email request to info@suncor.com or by referring to the companys profile on SEDAR at www.sedar.com or EDGAR at www.sec.gov. Except as required by applicable securities laws, Suncor disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Reclamation at Suncor is a carefully monitored process with two distinct components: (i) transformation of the area, including tailings ponds, into a solid material that can support vegetation, wildlife and landscape restoration, which includes landform design and oil placement; and (ii) re-vegetation in a way that the reclaimed landscape can support vegetation and wildlife as a self-sustaining ecosystem. When Suncor claims that it has reclaimed land or plans to reclaim land, the reclaimed land will have met or is intended to meet the two distinct components identified in this paragraph.
Suncor Energy is Canadas premier integrated energy company. Suncors operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the
Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncors common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
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For more information about Suncor Energy please visit our web site at www.suncor.com or follow us on Twitter @SuncorEnergy.
Media inquiries:
403-296-4000
media@suncor.com
Investor inquiries:
800-558-9071
invest@suncor.com