Suncor Energy Inc. is a Canadian integrated energy company that operates in the oil and gas sector. The company is headquartered in Calgary, Alberta, and has operations in Canada, the United States, and internationally. Suncor Energy is a leading producer of oil sands and conventional crude oil, and also has interests in renewable energy and low-carbon technologies.

Decarbonisation is a key focus for Suncor Energy, as the company recognizes the need to transition to a low-carbon economy. The company has set ambitious targets to reduce its greenhouse gas emissions intensity by 30% by 2030, and to achieve net-zero emissions by 2050. Suncor Energy is investing in technologies and initiatives that will help it achieve these targets, including carbon capture and storage, hydrogen production, and renewable energy.

Corporate energy is another area of focus for Suncor Energy, as the company seeks to optimize its energy use and reduce its costs. Suncor Energy has implemented a number of energy efficiency measures at its facilities, including the use of LED lighting, energy-efficient motors, and heat recovery systems. The company is also exploring the use of renewable energy sources, such as wind and solar, to power its operations.

Corporate power purchase agreements (PPAs) are an important tool for Suncor Energy to achieve its renewable energy goals. PPAs allow companies to purchase renewable energy directly from generators, often at a lower cost than traditional electricity sources. Suncor Energy has entered into several PPAs for wind and solar power, including a 20-year agreement with the Alberta government to purchase 400 MW of wind power.

Renewable energy is an increasingly important part of Suncor Energy's business. The company has invested in wind and solar power projects in Canada and the United States, and is exploring opportunities in other markets. Suncor Energy's renewable energy portfolio includes the 270 MW South Kent Wind project in Ontario, the 50 MW Halkirk Wind project in Alberta, and the 200 MW Maverick Creek Wind project in Texas.

In addition to its renewable energy projects, Suncor Energy is also investing in low-carbon technologies. The company has partnered with various organizations to develop and commercialize technologies such as carbon capture and storage, hydrogen production, and biofuels. Suncor Energy is also exploring the use of electric vehicles and alternative fuels in its operations, with the goal of reducing its carbon footprint.

Suncor Energy's commitment to decarbonisation and renewable energy has been recognized by various organizations. The company was named to the Dow Jones Sustainability Index for North America in 2020, and was also included in the CDP's Climate A List for the second consecutive year. Suncor Energy has also been recognized for its corporate social responsibility initiatives, including its support for Indigenous communities and its efforts to reduce its environmental impact.

Despite its focus on renewable energy and decarbonisation, Suncor Energy remains a major player in the oil and gas industry. The company's oil sands operations in northern Alberta are among the largest in the world, and Suncor Energy also has interests in conventional oil and gas production. However, the company recognizes the need to transition to a low-carbon economy, and is taking steps to do so while continuing to provide reliable energy to its customers.

In conclusion, Suncor Energy Inc. is a Canadian integrated energy company that operates in the oil and gas sector. The company is committed to decarbonisation and renewable energy, and has set ambitious targets to reduce its greenhouse gas emissions intensity and achieve net-zero emissions. Suncor Energy is investing in technologies and initiatives that will help it achieve these targets, including carbon capture and storage, hydrogen production, and renewable energy. The company is also exploring the use of electric vehicles and alternative fuels in its operations, with the goal of reducing its carbon footprint. Despite its focus on renewable energy and decarbonisation, Suncor Energy remains a major player in the oil and gas industry, and is taking steps to transition to a low-carbon economy while continuing to provide reliable energy to its customers.