Cenovus Energy

InfluenceMap Score
D+
Performance Band
60%
Organisation Score
34%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Energy
Head​quarters:
Calgary, Canada
Official Web Site:
Wikipedia:

Cenovus appears to have a mixed engagement with climate change policy. The company has accepted climate change as "one of the greatest threats of our time". However it has also stressed concerns over regulatory risks and energy poverty in opposition to climate change legislation such as the U.S. Renewable Fuel Standards and Low Carbon Fuel Standards in Canada, U.S. and Europe. It has shown some support for climate policy, in November 2015 it pledged support for Alberta’s Climate Leadership Plan, with CEO Brian Ferguson applauding it for balancing a response to climate change with the need for growth in the Albertan economy. This support was also set out in formal correspondence to the Albertan Government in September 2015, when Cenovus strongly advocated for the inclusion of a carbon tax as a tool by which to engender technological innovation to reduce GHG levels. Recognizing the adverse impact of public concern for the oil sands on company revenue, it has produced media campaigns in 2011, 2014 and 2015 to influence the public's support for continued oil production in Alberta.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
NS 1 NS NS NS NS NS
Alignment with IPCC on Climate Action
-1 2 NA -1 -1 -1 NS
Supporting the Need for Regulations
0 NS NS -1 NS 2 -1
Support of UN Climate Process
NS 1 NS NS 0 NS NS
Transparency on Legislation
2 NA -1 NA NA NA 2
Carbon Tax
1 1 NS -2 2 2 NS
Emissions Trading
NS NS NS 1 NS NS NS
Energy and Resource Efficiency
NS 1 NS NS NS NS -1
Renewable Energy
-1 NS NS NS NS 2 -1
Energy Transition & Zero Carbon Technologies
-2 -1 1 -1 -1 0 -1
GHG Emission Regulation
-1 NS 0 NS 1 2 NS
Disclosure on Relationships
2 NS -1 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
30%
 
30%
 
49%
 
49%
 
24%
 
24%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.