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Company Directory - Suncor Energy Inc.

Company Details - Suncor Energy Inc.

Suncor Energy Inc. Logo

Suncor Energy Inc.

Website

Calgary, Canada

TSX: SU, NYSE: SU 

Suncor Energy Inc. is a Canadian integrated energy company focused on the development of oil sands, renewable energy projects, and refineries. The company is involved in the extraction, upgrading, refining, and marketing of crude oil products, emphasizing responsible resource development and environmental stewardship.

CCI Score

CCI Score: Suncor Energy Inc.

-36.19

0.05%

Latest Event

Suncor Energy Endorses Federal Energy Minister’s Oilpatch Ties

At a Calgary event on May 23, 2025, Suncor Energy's CEO Rich Kruger introduced federal Energy Minister Tim Hodgson amid strong applause. The event, part of the broader oilpatch political engagement, emphasized support for the Pathways carbon-capture project and other industry initiatives, reflecting the company’s alignment with pro-oil policies and traditional fossil fuel interests.

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TOADIE

Suncor Energy Inc. is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Suncor Energy Endorses Federal Energy Minister’s Oilpatch Ties Logo
    MAY
    23
    2025

    At a Calgary event on May 23, 2025, Suncor Energy's CEO Rich Kruger introduced federal Energy Minister Tim Hodgson amid strong applause. The event, part of the broader oilpatch political engagement, emphasized support for the Pathways carbon-capture project and other industry initiatives, reflecting the company’s alignment with pro-oil policies and traditional fossil fuel interests.

  • Suncor Energy Criticized for Pushing Deregulation of Climate Policy Logo
    MAR
    21
    2025

    Suncor Energy, along with other major Canadian oil and gas companies, has been targeted by Energy Minister Jonathan Wilkinson for supporting a rollback of environmental policies. The company's involvement in a letter demanding the scrapping of industrial carbon pricing and faster approvals of fossil fuel projects raises concerns about its commitment to sustainable and responsible energy development.

  • Suncor CEO affirms strong positioning amid potential Trump tariffs Logo
    FEB
    06
    2025

    In a recent statement covered by The Globe and Mail, Suncor Energy Inc.'s CEO Rich Kruger emphasized the company's robust position to handle potential 10% tariffs imposed by U.S. President Donald Trump. The CEO reiterated a belief in free trade while showcasing Suncor’s strong refining and production capabilities as a buffer against possible economic disruptions.

  • +20

    Public and Political Behavior

    March 22

    The CEO's statement underscores a commitment to free trade and a refusal to be swayed by protectionist and authoritarian tariff measures. His emphasis on a natural hedge and the strategic importance of Suncor's cross-border operations reflect a stance focused on market principles over politically motivated interventions, which is a positive indicator in resisting authoritarian economic pressures.

    Suncor CEO says company in good position to handle possible Trump tariffs

  • +10

    Economic and Structural Influence

    March 22

    Suncor’s extensive Canadian refining footprint and record operational performance illustrate significant economic resilience. This structural strength helps mitigate the impact of any externally imposed authoritarian measures like tariffs. The company’s strategy demonstrates a focus on maintaining robust economic operations rather than engaging in politicized economic collaborations.

    Suncor CEO says company in good position to handle possible Trump tariffs

  • Suncor Energy Political Contributions and Lobbying Activity Logo
    FEB
    06
    2025

    Analysis of Suncor Energy's political contributions profile reveals a modest contribution of $10,987 in the 2024 cycle with no reported lobbying or outside spending. Although the financial involvement is minimal, even small contributions represent a channel for corporate influence in political processes, which can be seen as a subtle support for policies that serve industry interests.

  • -10

    Political Contributions and Lobbying Efforts

    March 22

    Suncor Energy's reported political contribution of $10,987 is very low relative to typical corporate political expenditures, and the absence of lobbying activity further minimizes direct political influence. However, even limited contributions can provide a measure of corporate access to political channels, subtly aligning with policies that may favor corporate interests in a broader, potentially authoritarian framework.

    Suncor Energy Profile: Summary • OpenSecrets

  • Suncor Energy Discrimination Ruling Logo
    JUN
    20
    2024

    The Alberta Human Rights Tribunal ruled that Suncor Energy failed to properly accommodate a mentally disabled employee returning from disability leave, leading to her termination and the award of significant damages. This decision highlights problematic labor practices and a disregard for human rights that can contribute to wider systems of oppression.

  • -75

    Labor Relations and Human Rights Practices

    March 22

    The Tribunal found that Suncor Energy did not adequately engage in the mandatory accommodation process for an employee with a mental disability, resulting in discriminatory termination. This failure not only contravenes labor rights and human rights obligations but also reflects a broader disregard for ethical business practices, thereby indirectly supporting oppressive structures.

    Suncor Energy discriminated against employee with mental disability: Tribunal

  • Suncor Energy Employee Discrimination Ruling Logo
    JUN
    20
    2024

    The Alberta Human Rights Tribunal ruled against Suncor Energy after finding that the company discriminated against an employee with a mental disability by failing to provide proper accommodations for her return to work.

  • -80

    Labor Relations and Human Rights Practices

    March 22

    The tribunal determined that Suncor Energy violated its obligation to accommodate an employee with a mental disability, resulting in her unjust termination. This failure to engage in a genuine accommodation process constitutes a serious breach of labor rights and ethical business practices, contributing to the broader environment of corporate complicity in oppressive practices.

    Suncor Energy discriminated against employee with mental disability: Tribunal

  • CEO Testimony Misrepresents Fossil Fuel Impact on Climate Change Logo
    JUN
    01
    2024

    In June 2024, Suncor Energy Inc. CEO Rich Kruger testified before the Canadian government and was reported by LobbyMap to have misrepresented the role of the fossil fuel sector in climate change. This event raises concerns about the company's political engagement and its potential role in supporting policies that undermine environmental accountability.

  • -60

    Executive Political Engagement

    March 22

    Suncor Energy Inc.'s CEO, Rich Kruger, appeared to deliberately misrepresent the fossil fuel sector's contribution to climate change during a government testimony in June 2024. This act of executive political engagement undermines public accountability and suggests an attempt to deflect scrutiny of the company's environmental impact, potentially bolstering a narrative that favors authoritarian policy approaches over transparent and responsible governance.

    LobbyMap Suncor Energy

  • Suncor Energy: Fossil Fuel Expansion and Insufficient Low-Carbon Transition Logo
    JAN
    01
    2023

    The article highlights Suncor Energy Inc.'s problematic strategy, noting the acquisition of additional oil sands assets and a divestment from wind projects. With a mere 10% CapEx commitment to low‐carbon initiatives—falling short of 1.5°C pathway requirements—and continued increases in emissions intensity, Suncor’s actions undermine ethical business practices and democratic climate policies. Additionally, its participation in trade associations opposing progressive climate measures raises concerns about its public political behavior and the broader economic influence that reinforces unsustainable fossil fuel dependency.

Industries

211120
Crude Petroleum Extraction
221118
Other Electric Power Generation
324110
Petroleum Refineries
486110
Pipeline Transportation of Crude Oil
324190
Other Petroleum and Coal Products Manufacturing