As an oil and gas exploration and production company we face both challenges and opportunities as we provide affordable, reliable energy to the growing global population while also taking appropriate action on climate change issues.
As we work to safely find and deliver energy to the world, addressing climate change-related issues is a high priority.
We recognize that human activity, including the burning of fossil fuels, is contributing to increased concentrations of greenhouse gases (GHGs) in the atmosphere that can lead to adverse changes in global climate. While uncertainties remain, we continue to manage GHG emissions in our operations and to integrate climate change-related activities and goals into our business planning.
Our climate change strategy is designed to prepare the company to succeed in a world challenged to reduce greenhouse gas (GHG) emissions.
By using our own energy planning model, we gain insight into various scenarios impacting future supply, demand and prices of key commodities.
We believe that over the months and years ahead, governments — federal, state/provincial and local — will continue to act upon the issue of global climate change.