Suncor Energy, one of the biggest operators in Canada’s oil sands (and, as a result, one of the country’s biggest generators of the greenhouse gas emissions that cause global warming) has been named as one of the “10 Green Giants” by Fortune Magazine.
Fortune wrote: “In a survey of 23 global oil companies last year, Jantzi Research, a Canadian consultancy, named Suncor a top performer, noting its environmental and greenhouse-gas management programs. Specifically, it has improved emissions intensity (the amount of oil it extracts per ton of greenhouse gases emitted) 25 percent since 1990. Ditto for energy, sulfur dioxide and nitrogen oxide. Suncor is part of an initiative to develop carbon-capture techniques. And while Suncor hopes to double its production by 2012, its water management is so advanced that it expects to draw no additional water from Alberta's Athabasca River.”
Alcan, another Canadian company, also made the list.
“..the company has been able to reduce its greenhouse-gas output by 25 percent since 1990, while production increased 40 percent. Alcan's latest goal is to install a high-capacity process that increases energy efficiency by as much as 20 percent and lowers emissions.”
The other “Green Giants” are Honda, Continental Airlines, Tesco, PG&E, S.C.Johnson, Goldman Sachs, Swiss Re, and Hewlett-Packard.