Alex Pourbaix calls the global transition to a low-carbon future both a risk and opportunity for Canada’s energy sector. He shares this perspective in the introduction to Cenovus’ 2020 ESG report that outlines ambitious new targets, including plans for a 35% reduction in absolute greenhouse gas (GHG) emissions by the end of 2035 and the continuation of its ambition to achieve net zero emissions from operations by 2050.
“All internationally recognized reports state fossil fuels have a role to play in a net zero future. By developing our resources responsibly and sustainably, we have a place in that future.”Alex Pourbaix, President and Chief Executive Officer. Cenovus
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January 24, 2022