making Modern Life Possible
Our rapid progress on ESG is fundamental to human advancement and essential to the global ambition to reduce emissions.
At Ovintiv, we will continue to pioneer innovative ways to provide energy while driving down global emissions both today and into the future. Our commitment is to be at the forefront of driving innovation to both profitably and sustainably produce oil and gas from shale.
One of the biggest drivers of reduced per capita GHG emissions in the US has been the conversion of coal-fired power plants to natural gas. The shift away from coal has enabled both cleaner air and the lowest level of per capita GHG emissions in over 50 years. Over half of that drop is attributable to the shift to natural gas fired power generation, which is now responsible for supplying almost 40% of electricity in the US. (EIA Report, Sept. 2020).
Producing safe, affordable and reliable energy is a powerful purpose — one that we take seriously at Ovintiv. Oil & natural gas are essential to every aspect of life, from healthcare and education to the clothes we wear, the food we eat, the mobility we cherish, and the technologies we use. Energy reliability and affordability combat poverty, enhance quality of life, and drive our economies.
As a responsible and innovative producer of oil and natural gas, we are committed to drive progress and improve lives. The world needs our product.
« Petroleum products drive every facet of our economy and are critical to every sector within the economy: mining of raw materials (including for wind, solar and battery equipment), manufacturing, transportation and electricity. Without petroleum products the world and quality of life as we know it abruptly stops.
The importance of available healthcare has been stark as the world has battled with the COVID-19 pandemic. Petroleum products underpin almost all of the critical inputs used to care for patients in hospitals…from the ambulance that gets patients to the emergency room, to the reliable energy that powers our hospitals and critical care units to the protective equipment that keeps people safe.
» Always on and ready – All critical life-saving medical equipment is made from petroleum products from imaging, diagnostic, monitoring and life-sustaining equipment to protective wear, such as face shields and hazmat suits designed to keep our families alive, safe and healthy.
Our products are used throughout our everyday lives and are critical to providing a quality education. Access to education is one of the pillars of our children’s development and later the training preparing them for a meaningful career. Petroleum products heat, cool and power our schools and post secondary facilities, providing materials for our desks, computers, crayons, running shoes and bikes. They are the building blocks from our playgrounds to our research labs.
« Education paves the way for our children’s future – access to a quality education is underpinned by petroleum products. Digital education in schools or at home require reliable energy to ensure our children can continue to develop and progress society into the future.
In an integrated world oil and gas provides the ability to reliably, economically and swiftly move people, equipment and products around the globe. Businesses rely on flexibility and mobility – from mining raw materials to refined products, our integrated supply chains require reliable, accessible and affordable energy. People enjoy the convenience of travel, appreciate the ease of online shopping and shipping to our homes and depend on the many other benefits of our modern transportation network.
» Enabling the flexibility to travel and reconnect with loved ones; the ability for home delivery; moving equipment and products across town or across the globe. Petroleum products are at the core of making mobility possible.
The oil and gas industry is a significant contributor to the North American economy, especially in rural areas. The tax and royalty revenue paid to governments funds the social programs, education, healthcare, infrastructure and conservation all critical to building a strong and prosperous society.
« The petroleum industry is a significant source of exciting jobs that drive local and regional economies. Salaries, taxes and royalties all contribute to building strong, progressive communities.
Increasing Quality of Life
Affordable, reliable and accessible energy are foundational for increasing quality of life. Energy costs matter – high energy costs directly hurt the most vulnerable people in our society. Whether its higher home heating or power bills, or a skyrocketing price at the pump, increasing energy costs put undue pressure on people and families that can least afford it, making it more difficult to access the important building blocks of society like healthcare, education and mobility.
» Energy poverty is challenge around the world; it’s a barrier to quality healthcare, education and a better life. Access to affordable and reliable energy is the steppingstone to improving quality of life at home and around the globe.
Switch Energy Alliance
Energy fuels the engine of the modern world and has the power to bring billions more out of abject poverty. Because energy reaches into every facet of our lives, it is highly political. Biases and emotions run deep, and facts and data are often distorted, or worse.
SEA’s global video- and web-based approach engages students and general viewers in a positive conversation to work collaboratively on energy challenges. SEA reaches millions of people of all ages around the world where they live and learn: online, in classrooms, in professional training, and in museums.
Visit Switch Energy Alliance for an objective, non partisan view of the world’s energy future.