0001104659-24-073585.txt : 20240621 0001104659-24-073585.hdr.sgml : 20240621 20240620200259 ACCESSION NUMBER: 0001104659-24-073585 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240620 FILED AS OF DATE: 20240621 DATE AS OF CHANGE: 20240620 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUNCOR ENERGY INC CENTRAL INDEX KEY: 0000311337 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12384 FILM NUMBER: 241058073 BUSINESS ADDRESS: STREET 1: P.O. BOX 2844 STREET 2: 150 - 6TH AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 3E3 BUSINESS PHONE: 403-296-8000 MAIL ADDRESS: STREET 1: P.O. BOX 2844 STREET 2: 150 - 6TH AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 3E3 FORMER COMPANY: FORMER CONFORMED NAME: SUNCOR INC DATE OF NAME CHANGE: 19970430 FORMER COMPANY: FORMER CONFORMED NAME: GREAT CANADIAN OIL SANDS & SUN OIL CO LTD DATE OF NAME CHANGE: 19791129 6-K 1 tm2417724d1_6k.htm FORM 6-K

 

 

 

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:  June, 2024 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:

 

Form 20-F     ¨                 Form 40-F     x

 

 

 

 

 

 

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.

 

    SUNCOR ENERGY INC.
     
Date:   By:
     
June 20, 2024   “Shawn Poirier”
    Shawn Poirier
    Assistant Corporate Secretary

 

 

 

 

EXHIBIT INDEX

 

Exhibit   Description of Exhibit
99.1   News Release dated June 20, 2024, Competition Act amendments silence Canadian businesses taking climate action

 

 

 

EX-99.1 2 tm2417724d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

News Release

 

 

FOR IMMEDIATE RELEASE

 

Competition Act amendments silence Canadian businesses taking climate action

 

Calgary, Alberta (June 20, 2024) – Suncor Energy (TSX: SU) (NYSE: SU), one of the largest oil sands companies in Canada, and a member of the Pathways Alliance, is steadfast in our commitment to environmental performance and operational emissions reduction. To support our commitment, we have strived to be transparent about our actions and plans, which we believe is critical to building trust and driving improvement.

 

However, our ability to remain transparent has been significantly compromised as a result of Bill C-59, which was recently passed and includes amendments to the Competition Act related to environmental and climate disclosure. With these changes, it is possible that certain public representations by a business about the benefits of the work it is doing to protect or restore the environment or address climate change will violate the Competition Act and subject it to significant financial penalties unless the business can adequately and properly substantiate their claims according to “internationally recognized methodology,” which may or may not exist.

 

Creating a public disclosure standard that is so vague as to lack meaning and that relies on undefined "internationally recognized methodology” opens the door for frivolous litigation, particularly by private entities who will now be empowered to directly enforce this new provision of the Competition Act. This represents a serious threat to freedom of communication.

 

These amendments create significant uncertainty and risk for all Canadian companies regardless of sector, that communicate publicly about environmental performance, including actions to address climate change. As a result, we have been forced to remove information on environmental and climate performance, progress, and plans from our website, social media platforms and other communications channels at this time. These actions are a direct consequence of this legislation and are not related to our commitments or belief in the accuracy of our environmental communications.

 

The result of this legislation, which has been quickly put in place with little or no consultation, is to silence Canadian businesses taking climate action. We will continue to impress on the federal government the need for clarity regarding these new amendments so that we and all other industries can share the important work we are doing to preserve and restore the environment and address climate change.

 

Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the U.S.; and the company’s Petro-CanadaTM retail and wholesale distribution networks (including Canada’s Electric HighwayTM, a coast-to-coast network of fast-charging EV stations). Suncor is developing petroleum resources while advancing the transition to a low-emissions future through investments in power and renewable fuels. Suncor also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

 

For more information about Suncor, visit our web site at suncor.com

 

Media inquiries: Investor inquiries:
1-833-296-4570 invest@suncor.com
media@suncor.com  

 

    Suncor Energy
150 6 Avenue S.W. Calgary, Alberta T2P 3E3
suncor.com

 

 

 

GRAPHIC 3 tm2417724d1_6kimg001.jpg GRAPHIC begin 644 tm2417724d1_6kimg001.jpg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end