Reducing GHG Emissions
Canadian Natural uses a multi-disciplinary risk management process which considers climate change risks and opportunities as part of our evaluation of business risk and opportunities.
Canadian Natural is committed to managing air emissions through an integrated corporate approach which considers opportunities to reduce both air pollutants and GHG emissions The Company strategy for managing GHG emissions is based on six core principles: improving energy conservation and efficiency; reducing emission intensity; developing and adopting innovative technology and supporting associated research and development; trading capacity, both domestically and globally; offsetting emissions; and considering life cycle costs of emission reductions in decision-making about project development. Air quality programs continue to be an essential part of the Company’s environmental work plan to ensure compliance with regulatory standards and guidelines.
Through CAPP, we work with Canadian governments as they develop and implement new GHG emissions laws and regulations. Internally, we are pursuing an integrated emissions reduction strategy, to ensure we are able to comply with existing and future emissions reduction requirements, for both GHGs and air pollutants (such as sulphur dioxide and oxides of nitrogen). We continue to develop strategies that will enable Canadian Natural to deal with the risks and opportunities associated with new GHG and air emissions policies. In addition, we work with relevant parties, such as COSIA and Carbon Management Canada (“CMC”), to ensure that new policies encourage technological innovation, energy efficiency, and targeted research and development while not impacting competitiveness.
Our award-winning Septimus Electrification project avoided 31,542 tonnes of CO2e and 77 tonnes of NOX emissions in the first year. Read more about our Responsible Canadian Energy Award-Winning Project.