Home Governance


  • Finalized Government Relations policy
  • All political donations prohibited
  • All employees trained on Code of Business Conduct
  • 107 reports through the Ethics Help Line


  • Obey the law, report accurately to investors and stakeholders, and act ethically in accordance with the principles of good governance.

Husky as a company acts ethically, in accordance with the principles of good governance and expects the same of our employees and contractors.

Risk Management

The Husky Corporate Risk Management Standard outlines our approach to assessing and managing risks. Our Enterprise Risk Management program, modelled on the Committee of Sponsoring Organizations of the Treadway Commission, employs a risk matrix with seven probability factors and a scale of the severity of events to identify and assess potential hazards and risks that could impact the health and safety of people, the environment, property and our reputation. This analysis provides greater certainty for shareholders, customers and suppliers that risks are well managed, and leads to increased confidence in the communities where we operate.

Regularly throughout the year, the Corporate Risk Management group undertakes an internal assessment/risk review to better identify and manage risk, understand risk drivers within the organization and industry, and promote a culture of risk awareness. The assessment determines who is accountable for the management and mitigation of each risk and identifies any emerging issues. The potential health, safety, environmental, financial and reputational impacts of each risk are assessed, with critical risks reported to the Board of Directors.

Managing Risk in Our Supply Chain

We select and pre-qualify suppliers who align with our criteria for quality, health, safety, operational integrity, environmental and technical competence, and taking into consideration ethics and compliance, corporate social responsibility and financial and other metrics. We also look at employment practices, such as working hours and freedom of association, as well as diversity policies and practices. Audits of suppliers include visits to facilities, where we evaluate health, safety and environment information.

Before being allowed to start work at any Husky site or facility, all contractors are required to complete Life-Saving Rules awareness, our corporate safety orientation, as well as a site-specific orientation. These orientations, as well as a validation check of required certifications, help ensure safety knowledge for everyone working at our sites.

Over the life of the contractual relationship there is ongoing monitoring and assessment of contractor performance against previously agreed upon key performance indicators, including safety, environment, health, quality, cost, schedule and technical compliance.

We also have systems in place to ensure contractors have adequate insurance based on the risk exposure level determined by the pre- qualification questionnaire, as a form of risk transfer. If a contractor fails to provide evidence of, and maintain, sufficient insurance coverage, they are prohibited from accessing Husky sites, performing work for us or being awarded contracts.

Business Continuity

We develop business continuity plans, identifying critical processes for each business unit, to mitigate impacts should a business-interrupting event occur. In 2020 we updated the plans to include site-specific pandemic guidance, including identification of critical staff and mitigation measures.

Plans for individual departments are updated and tested to confirm information and contingency strategies, and prepare staff. We conduct exercises across multiple departments to improve efficiencies and identify any gaps in our process.

Code of Business Conduct

Husky employees are expected to conduct themselves in an ethical manner, with a high degree of personal integrity, in accordance with Husky’s Code of Business Conduct. Employees take mandated training every year to ensure they are aware of their responsibilities.

This includes adhering to regulations around lobbying in the jurisdictions where we operate, and reporting all lobbying activities as required.

Ethics Help Line

Husky has a confidential and anonymous Ethics Help Line where employees, contractors and other stakeholders can report perceived breaches of the Code of Business Conduct. The Ethics Help Line is managed by Navex Global, an independent service provider. Reports can be made through EthicsPoint, using an online form or by calling a toll-free phone number available in each country where Husky operates, including English and French options in Canada.

Those making a report can choose to provide information anonymously. Information provided is submitted to the Ethics Help Line Committee, which includes representatives from the legal, audit, security, safety and operations integrity, environment and human resources departments. Perceived breaches of the Code of Business Conduct reported through other channels are recorded with those received via EthicsPoint. If it is determined a report requires further investigation, a formal review will be launched. In 2019, 107 reports were made through the Ethics Help Line.

Approach to Lobbying

We act ethically and are transparent about both the lobbying we do with governments on topics that are critical to our business and the payments we make to governments. We observe and respect all laws concerning political donations and we do not provide donations for municipal elections, leadership contests, individual candidates or riding/ constituency associations. As of May 1, 2020 all political donations are prohibited. We encourage and support both employee engagement and understanding of the policy positions of candidates on a personal level and parties on issues of importance to Husky and our industry.

We are a reporting entity under the Extractive Sector Transparency Measures Act (ESTMA), which came into effect on June 1, 2015. The Act requires extractive entities across Canada to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad.

Through industry associations, we have an opportunity to collaborate on issues and concerns shared by our peers. We have compared our climate position to those of our largest industry associations, which is discussed in detail in our CDP report. If our positions were significantly opposed, we would withdraw our membership.

Our industry association membership fees which exceed $100,000:

  • Canadian Association of Petroleum Producers
  • Canadian Fuels Association (not a member as of 2020)
  • American Fuel and Petrochemical Manufacturers

To be transparent in our lobbying and disclosures, we outline here our positions on key issues, which are updated at least annually.

Key Issue Positions

Climate Change

Husky believes climate change is real, and action must be taken to address it. We believe industry has an important role to play in responsibly producing the energy the world needs, while the world transitions to a lower carbon economy. Policies will be required to facilitate this transition: they should be lowest cost, and recycle revenue to stimulate emission reductions and technology development. In implementing policy, governments must consider and mitigate for the potential of carbon leakage in emission-intense, trade exposed sectors.

Carbon Price

Husky supports a price on carbon. Tax revenues should be recycled to promote emission reductions and technology development. Husky supports the creation of carbon credit markets to allow for lowest cost emission reductions.

Energy Transformation

Husky plays a role in the transformation of the global energy system by investing in next generation technology and innovation that drives us towards our aspiration of net zero GHG emissions by 2050, and by advocating for policy that enables and motivates progress towards the lower carbon economy.

United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP)

Husky endorses UNDRIP as the framework for Reconciliation with Indigenous Peoples. We support the implementation of its principles in a manner consistent with local law and, in Canada, the Constitution.

Free, Prior and Informed Consent (FPIC)

Husky will seek to achieve FPIC, as set out in Article 32, and understands FPIC as an important set of principles to ensure the protection of Indigenous rights through the process of meaningful engagement and consultation. We understand FPIC to mean that decisions by Indigenous Peoples are made freely and without coercion, in advance of project decisions and before impacts occur, and with appropriate information and consultation on development plans.

Regulatory Efficiency and Effectiveness

Husky advocates for regulatory policy that is clear, consistent, nonduplicative, and allows for flexibility and innovation in meeting compliance objectives.

Safety and Sustainability Groups and Industry Organizations

Husky participates in sustainability groups and industry associations to better understand existing and emerging environmental, safety and social issues. We benefit from, and contribute to, industry innovation and best practices.


  • Lakeland Industry and Community Association (LICA)
  • Shawnee Industrial Neighbors Group (SING)


  • Allen County Environmental Citizen’s Advisory Committee (ECAC)
  • Calgary Region Airshed Zone (CRAZ)
  • Canada’s Oil Sands Innovation Alliance (COSIA)
  • Canadian Brownfields Network (CBN)
  • Canadian Emission Reduction Innovation Consortium (CanERIC)
  • Canadian Standards Association (CSA)
  • Canadian Technical Asphalt Association (CTAA)
  • CDP
  • China Offshore Environmental Services (COES)
  • CHWMEG Inc.
  • Clean Resource Innovation Network (CRIN) Environmental Studies Research Funds (ESRF)
  • Foothills Research Institute
  • Foothills Stream Crossing Partnership
  • Industry Footprint Reduction Operations Group (iFROG)
  • Ministry of Ecology and Environment of the People’s Republic of China (MEE)
  • Monitoring Avian Productivity and Survivorship (MAPS)
  • Natural Sciences and Engineering Research Council (NSERC) FlareNet Network
  • North Saskatchewan Watershed Alliance
  • Ohio Chemistry Technology Council (OCTC)
  • Oil Sand Monitoring (OSM)
  • One Ocean
  • Orphan Well Association
  • Ottawa River Coalition (ORC)
  • Parkland Airshed Management Zone (PAMZ)
  • Petroleum Research Newfoundland and Labrador (PRNL)
  • Red Deer Air Quality Advisory Group
  • Saskatchewan Environmental Industry and Managers Association (SEIMA)
  • Saskatchewan Petroleum Industry Government Environmental Committee (SPIGEC)
  • Well Abandonment and Integrity Society (WIA) Western Yellowhead Air Management Zone (WYAMZ)
  • Wood Buffalo Environmental Association (WBEA)

Industry Association

  • American Fuel and Petrochemical Manufacturers (AFPM)
  • Canadian Association of Petroleum Producers (CAPP)
  • Canadian Fuels Association (CFA)
  • Canadian Land Reclamation Association (CLRA)
  • Canadian Society for Unconventional Resources (CSUR)
  • Environmental Services Association of Alberta (ESAA)
  • Indonesian Petroleum Association (IPA)
  • Industrial Power Consumers Association of Alberta (IPCAA)
  • International Marine Contractors Association (IMCA)
  • International Oil & Gas Producers Association (IOGP)
  • Newfoundland and Labrador Oil and Gas Industries Association (NOIA)
  • Ohio Manufacturer’s Association (OMA)
  • Oil Companies International Marine Forum (OCIMF) North American Regional Marine Forum
  • Petroleum Technology Alliance Canada (PTAC)
  • St. John’s Board of Trade
  • Saskatchewan Industrial Energy Consumers Association (SIECA)
  • World Petroleum Council

Safety and Emergency Preparedness

  • Alberta Industrial Fire and Emergency Management Association (AIFEMA)
  • Allen County Local Emergency Planning Committee (LEPC)
  • Center for Chemical Process Safety (CCPS), an American Institute of Chemical Engineers (AIChe) Technological Community
  • China Offshore Oil Operation Safety Office (COOOSO) Under Ministry of Emergency Management of the People’s Republic of China
  • China’s Marine Safety Administration (MSA)
  • Clearwater Mutual Aid CO-OP
  • Conference Board of Canada – Council on Emergency Management
  • Douglas County Local Emergency Planning Committee (LEPC)
  • Eastern Canada Response Corporation (ECRC)
  • Edson Mutual Aid Committee (EMAC)
  • Emergency Response Assistance Canada (ERAC)
  • Energy Safety Canada (ESC)
  • Hardisty Mutual Aid Plan (HMAP)
  • Land Spill Emergency Program (LSEP)
  • Lima Area Security and Emergency Response Task Force (LASER)
  • Lloydminster Emergency Preparedness Stakeholder Group
  • Mackenzie Delta Spill Response Corporation (MDSRC)
  • Mutual Aid Alberta
  • Oil Spill Response Limited (OSRL)
  • RM Wood Buffalo Mutual Aid Group
  • Strathcona District Mutual Assistance Program (SDMAP) Emergency Response Assistance Agreement
  • Superior Petroleum Partners
  • Transportation Community Awareness and Emergency Response (TRANSCAER)
  • Western Canada Marine Response Corporation
  • Western Canadian Spill Services (WCSS)
  • Western Lake Superior Port Area Committee

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