Oil sands companies make list of top sustainable corporations
(Suncor's Pond 1 was the first oil sands tailings pond to be reclaimed. Photo courtesy of Suncor Energy Inc.)
A handful of Canadian corporations with direct ties to the oil sands are among the world's most sustainable.
In its 8th annual edition of the list, the Toronto-based Corporate Knights Magazine, ranked Suncor Energy the 48th of the world's top 100 sustainable firms, and number one in Canada.
Next was Enbridge, the company behind the Northern Gateway Pipeline at 71, while EnCana Corp. ranked 76th.
Nexen, another oil sands operator came in at number 89.
Companies are judged on areas including efficiency in energy and water use and worker safety.
However, the publication admits that the methodology used results in major emitters coming off as sustainable if they generate a lot of profit compared to the impact.
To view the list, visit, http://www.corporateknights.ca/report/8th-annual-global-100.