The Canadian Council of Aboriginal Business (CCAB) has recertified Syncrude at the highest level of its Progressive Aboriginal Relations (PAR) program, the only corporate responsibility assurance program in the world with an emphasis on Aboriginal relations.
“Syncrude is truly an outstanding example of the corporate commitment and determination that it takes to achieve CCAB PAR Gold certification. We applaud their forward thinking as they embrace new ideas on the road to equitable business opportunity with Aboriginal business, communities and peoples,” stated CCAB President and CEO JP Gladu. “It is an achievement that Syncrude can take great pride in, today and in the years to come.”
It marks the sixth consecutive time Syncrude has achieved PAR’s gold level. Syncrude remains one of only two oil sands operators to achieve PAR’s highest certification.
“We value our long-standing relationships with local Aboriginal communities, who have been an important part of our success,” said Syncrude President and CEO Mark Ward. “It’s an honour to receive PAR’s top level of certification for the sixth straight time.”
Beginning in 1998, PAR is a management and reporting program helping companies assess, plan and achieve Aboriginal relations goals with a certification program that confirms performance at the Bronze, Silver or Gold level.
The designation is supported by an independent, third-party verification of company reports on outcomes and initiatives in four key areas — employment, community investment, business development and community engagement — as well as a juried review by Aboriginal business people.
Syncrude operates the Syncrude Project, a Joint Venture undertaking among Canadian Oil Sands Limited, Imperial Oil Resources, Mocal Energy Limited, Murphy Oil Company Ltd., Nexen Oil Sands Partnership, Sinopec Oil Sands Partnership and Suncor Energy Ventures Partnership.