History and Scope
Canadian Natural has been producing a Stewardship Report to Stakeholders since 2004 covering key aspects of our performance that are relevant to stakeholders. We focus our report on the health and safety, asset integrity, environmental, community and economic factors that reflect our ongoing commitment to social responsibility and continuous improvement. The Report provides a performance overview across the full range of Canadian Natural’s operations in Western Canada, the UK portion of the North Sea and Offshore Africa for each calendar year, often in context with multi-year trends and goals for future performance.
The core of the Report is performance information based on internal Key Performance Indicators and a number of external assessment processes, including the Global Reporting Initiative (GRI), employed for benchmarking with peer companies. In 2015, our reporting transitioned from the GRI G3.1 to the G4 Reporting. GRI G4 is the fourth generation of the Guidelines, developed with the goal of making sustainability reporting standard practice. G4 is designed as a consolidated framework for reporting performance against different codes and norms for sustainability, and includes harmonization with other global frameworks, including the OECD Guidelines for Multinational Enterprises, the UN Global Compact Principles, and the UN Guiding Principles on Business and Human Rights.
The Report also provides a number of examples of how our performance commitment is put into action as we engage with stakeholders, improve the safety of our operations and protect the environment. We believe these examples create a connection between the performance data and Canadian Natural’s programs and activities that generate the performance results. The Report also features information about Canadian Natural’s economic contributions in our areas of operations and beyond. This ensures that a wide array of sustainable development aspects is addressed in our Report.
Canadian Natural has an internal audit team of experts and leaders in the key areas of reporting. The team reviews the Report for balance, accuracy and relevance to stakeholders. They regularly assess the appropriateness of the issues, performance indicators and disclosures covered, and adjust as needed to reflect the evolution of our business activities, as well as the environmental, economic and social aspects of importance to the Company and our stakeholders. Information from ongoing stakeholder dialogues also helps us identify relevant issues.
Our Corporate Management Committee, who shares the responsibilities normally associated with a chief executive officer position, approves the Stewardship Report to Stakeholders as delegated by our Board of Directors. Our Management Committee includes two members who are also directors of the Company, the Executive Chair and the President.
In addition to the information provided in the Report, Canadian Natural provides and regularly updates information of interest to stakeholders through the Corporate Responsibility section of our website. Finally, we provide sustainability information to external parties such as Carbon Disclosure Project (CDP), Canadian Association of Petroleum Producers’ Responsible Canadian Energy (RCE) Program and other parties that compile corporate social responsibility data for clients and investors.
The RCE program represents a collective commitment by industry to continuously improve the health and safety, environment and social performance of our industry, and engage collaboratively with the communities in which industry works. The measurement and analysis of information enables industry to show where it is making progress and where more focus is needed to reduce industry's environmental footprint, to ensure worker and public safety and to improve the ways in which it engages stakeholders. The RCE program has been under review since 2015. The latest RCE report is available here.
You can also access our 2016 CDP report.
The 2015 Stewardship Report to Stakeholders contains disclosures from the Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines and Oil and Gas Sector Disclosures. Sustainability issues of the highest importance are highlighted in the report. These topics and others are then covered in further detail as part of our comprehensive website content in the Corporate Responsibility section.
Our 2015 GRI Content Index contains G4 standard disclosures and material aspects covered throughout our reporting, as well as where to find that information within this Report, other public documents and on our corporate website. Read more about the GRI framework.
Our reporting enhancement strategy also includes ongoing engagement with relevant stakeholders. We share the report with different stakeholders (community and Aboriginal groups, employees, investors, governments, etc.) and their feedback is incorporated into our reports. However, we do not seek formal third party verification of our Report to Stakeholders. Our direct greenhouse gas (GHG) emissions, nitrogen dioxide (NOx) and sulphur dioxide (SOx) numbers are subject to external third party verification.