Syncrude is operated by Suncor Energy, Canada’s largest integrated energy company. Suncor recovers bitumen from oil sands near Fort McMurray, Alberta, and upgrades it to refinery-ready feedstock and diesel fuel. Suncor’s vision is to be Canada’s leading energy provider respected for our people, performance, sustainability and relationships that together create value-added contributions to society, communities, customers and shareholders.

The Mining Association of Canada’s Towards Sustainable Mining (TSM) program reinforces continuous improvement opportunities for Suncor and the Syncrude operation, and supports the company’s emphasis on operational excellence.

For more information, visit suncor.com.

Syncrude 2024 TSM Internal Assessment Results

In June 2024, the federal government passed amendments to the Competition Act that created significant uncertainty regarding communications about the work to improve our environmental performance, including actions and plans to address climate change. Due to this ambiguity and how the new law will be interpreted, Suncor has temporarily refrained from any public statements related to environmental strategy, ambition and commitment. This has in turn impacted those TSM ratings related to public disclosure and reporting of strategy and/or progress for the current assessment year.

Suncor remains fully committed to environmental performance, sustainable development, the work we are doing to reduce greenhouse gas emissions and our related ambitions. We believe we, along with industry, have a key role to play in helping Canada reduce its greenhouse gas emissions and meet its climate ambitions, while also supporting a vibrant economy, improving environmental performance and providing Canadians with secure access to affordable energy.

Internal 2024 assessment results for Suncor’s Syncrude operation reflect performance to the date they are published, where feasible, and are aligned with TSM’s annual reporting timeline.

Biodiversity Conservation Management

Biodiversity aspects are integrated into Suncor’s business plans, strategies and reporting. This is reflected in the rating of AA or higher in all indicators for the Syncrude operation.

Climate Change

Due to the Competition Act amendments and risks related to public reporting of strategies and targets, ratings for the Corporate Climate Change Management and the Targets and Reporting indicators were assessed at Level B. The indicator for Facility Climate Change Management was assessed at Level A.

Crisis Management and Communications Planning

The Syncrude operation meets all the requirements of this protocol and maintains a “Yes” rating for the three indicators. Business risks are identified, and response plans have been established, including an incident command system which is tested regularly.

Indigenous and Community Relationships

Suncor’s engagement with Indigenous peoples and stakeholders is guided by a relationship framework which highlights the company’s commitment to collaboration, transparency and respect for all points of view. The Syncrude operation maintains Level AAA ratings in all indicators except Effective COI Engagement and Dialogue in which the rating decreased from AAA, as previously assessed, to B. This is a consequence of public reporting limitations due to the Competition Act amendments noted above.

Safety and Health

Suncor demonstrates a strong commitment and accountability to health and safety, with established policies and commitments across all assets. Syncrude rates at Level A or higher in all indicators.

Tailings Management

The tailings management system for Syncrude underwent an external TSM audit in 2023. This audit confirmed Level AAA ratings for all indicators. The next external audit is planned for 2026.

Water Stewardship

Suncor’s approach to water management is reflected in the ratings of Level A or higher in three indicators. The rating for Water Performance and Reporting decreased from AAA in previous assessments to B due to the Competition Act amendments noted above.