Suncor Energy Stock Price, News & Analysis

Suncor Energy highlighted the career journey of Darvi Higdon, a graduate of the Class of 2015 from Westwood High School, who embraced opportunities in the trades after encouragement from family members. Darvi participated in co-op programs supported by Suncor and Syncrude, which provided her hands-on experience at their facilities. Over the years, she advanced from her apprenticeship to becoming a full-time Red Seal electrician at the Mildred Lake Upgrader. The workplace culture, mentorship, and support from her peers, including a significant female presence, facilitated her growth. Darvi aims to inspire more young women to consider careers in trades.

Suncor's Mosaic network, led by Stanley Opara, aims to enhance knowledge of Black history and advocate for Black community issues. Opara emphasizes the need for continuous engagement beyond February, promoting a year-round commitment to inclusion.

Mosaic provides a supportive environment for Black employees, focusing on their personal and professional growth. The network envisions a dynamic community empowered to influence the organization's success positively while showcasing the talents within it.

For further insights on Suncor's initiatives, visit their official pages.

Suncor Energy participated in COP27, showcasing increased Indigenous representation compared to previous conferences. JP Gladu, a board member and Indigenous advocate, noted the emotional engagement of attendees and the need for open discussions on diverging views. Despite protests at the Oil Sands Pathways Alliance panel, Gladu emphasized the importance of accountability and collaboration for achieving the 2050 net zero target, which he considers essential for future sustainability. He reaffirmed that addressing climate change is not only vital for the environment but also aligns with business objectives.

Suncor Energy has announced the implementation of a Driver Safety System (DSS) to enhance operator safety within its haul truck fleet. This in-cab technology features a camera that monitors facial and eye movements, activating an alarm during micro-sleep or distraction events. Studies indicate that 40% of nighttime workers experience fatigue, with many nodding off during shifts. The DSS has already been implemented at Syncrude's Aurora and Mildred Lake sites and is currently being installed at Suncor's Base Plant. Gerald Pratt, General Manager of Mine Operations, emphasizes the importance of leveraging technology to improve safety.

Suncor Energy announced a significant achievement at its Mildred Lake upgrading facility, reducing sulphur dioxide (SO2) emissions from flaring by 80% compared to the previous five-year average. This new record low was accomplished through a site-wide effort, where extensive data was analyzed and presented clearly to teams, enabling informed decision-making. The company aims to minimize unnecessary flaring to comply with regulations and enhance its environmental stewardship.

Suncor Energy has introduced a new collision awareness system designed to enhance safety for heavy equipment operators in mining operations. This system provides operators with visual and audible alerts about nearby vehicles, their type, and distance, based on speed and direction. Jason Mercer, an experienced miner, praised the technology, calling it a 'game changer' for safety. The initiative aims to improve operational safety significantly in challenging mining conditions.