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Cenovus Energy’s 2024 Modern Slavery Report: A Commitment to Ethical Practices

Story Highlights
  • Cenovus Energy is a major Canadian oil and gas producer with global operations.
  • In 2024, Cenovus took significant steps to address modern slavery risks in its supply chains.
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Cenovus Energy’s 2024 Modern Slavery Report: A Commitment to Ethical Practices

Cenovus Energy ( (TSE:CVE) ) just unveiled an announcement.

In its 2024 Modern Slavery Report, Cenovus Energy outlined the steps taken to address the risks of forced and child labor within its operations and supply chains. Throughout 2024, the company continued its efforts through an internal Modern Slavery Focus Group, engaged external experts, formalized governance structures, and implemented tools to assess risks. These actions reflect Cenovus’s commitment to ethical operations and compliance with Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act. The report highlights the company’s proactive stance in mitigating modern slavery risks, which is crucial for maintaining its reputation and operational integrity.

More about Cenovus Energy

Cenovus Energy Inc. is a Canadian-based integrated energy company, headquartered in Calgary, Alberta. It is one of the largest crude oil and natural gas producers in Canada, with operations extending to the Asia Pacific region. The company is also a significant refiner and upgrader, with downstream operations in Canada and the United States. Cenovus operates across the full value chain, from developing and producing crude oil and natural gas to refining, transporting, and marketing petroleum products globally.

YTD Price Performance: -6.40%

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