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SUSTAINABILITY OVERVIEW

Sustainability is rooted in our foundational values. At Ovintiv, we are proud to make modern life possible by producing safe, affordable, secure and reliable energy in North America.

We are at the forefront of producing oil and natural gas both profitably and sustainably, reflecting our focus on durable returns and driving continued measurable environmental, social and governance progress.

HIGHLIGHTS

Environment

  • Achieved a >40% reduction in our Scope 1 & 2 greenhouse gas (GHG) emissions intensity since 2019, making progress toward our goal of 50% reduction by 2030

Social

  • Committed $10.2 million to local children’s hospitals to make a positive difference in our communities
  • Developed new and updated existing safety programs and processes under the guidance of our Safety Advisory Task Force to drive and sustain improved safety performance
  • Received the ALLY Energy GRIT award (Best Affinity Group) for LINK, our inclusive employee resource group, for its ongoing work on a just, equitable, diverse, and inclusive culture in the workplace

Governance

  • Added a Board of Directors (Board) Overboarding and Change in Circumstance Policy, setting high standards for strong corporate governance
  • Welcomed a new independent director in January 2024, adding deep technical accounting and energy industry expertise as well as further diversity to our Board