Husky’s environmental, social and governance (ESG) topics for sustainability reporting are those that, in the view of management, affect Husky’s performance and long-term sustainability and/or inform investor assessments or decisions about us.

We formalized our ESG materiality assessment process in 2017, conducting interviews and considering information from investors, analysts and community members. This was used to compile our ESG material topics.

Workshops were held with management and senior executives to approve and prioritize the list of ESG topics based on risk, performance and impact. The topics below have been approved by Husky’s Executive Committee and the Executive Health, Safety and Environment Committee. These will be reviewed on an annual basis to ensure emerging topics are considered, with the list adjusted accordingly.

Throughout this report you will find information on our programs that support each of these ESG topics, as well as information on our performance. Our performance data table provides quantitative information. It is aligned with the voluntary sustainability reporting guidance developed by IPIECA, along with the International Association of Oil and Gas Producers (IOGP) and the American Petroleum Institute (API).

Boundary & Approach

The operations covered within this report are detailed in the Economic section and include our Integrated Corridor assets and our Offshore operations. We do not operate the Toledo Refinery nor the BD Project in Indonesia.

Husky’s 12 ESG Material Topics

Topic Definition
Business Resilience Maintain strong financial discipline, with a focus on generating free cash flow and returns today while investing in low-cost growth opportunities.
Innovation & Advanced Technology Identify, evaluate and invest in technology advancements to reduce costs and impacts on the environment.
Occupational Health & Safety Promote a safety culture through systems, processes and continued learning to avoid employee and contractor injuries and illnesses.
Asset Integrity & Reliability Construct and operate safely, embedding process safety into design, engineering and operating procedures.
Emergency Preparedness & Response Prepare, plan and practice to respond effectively to incidents with worker and community safety and environmental protection as priorities.
Land Use & Reclamation Manage land use through mitigation and restoration, and avoidance of disturbance.
Air Emissions Management, including GHGs Comply with regulations, and work to lower our emissions of pollutants.
Water Use & Availability Comply with regulations and manage water use responsibly.
Energy Use Identify energy efficient initiatives, reduce natural gas consumption and encourage the use of renewables.
Community & Indigenous Peoples‘ Engagement Contribute positively to quality of life in communities where we operate by reducing impacts and creating benefits.
Talent Management & Culture of Inclusion Attract, develop and retain top talent and ensure an inclusive, respectful workplace.
Business Ethics & Transparency Obey the law, report accurately to investors and stakeholders, and act ethically in accordance with the principles of good governance.


Sustainable Goals

Husky’s Commitment to the Sustainable Development Goals

The United Nations Sustainable Development Goals (SDGs) set the course for governments, businesses and society to respond to global economic, social and environmental challenges by 2030. We recognize our actions have an impact in these areas and the evaluation of our material topics highlighted where, through our actions, we can contribute to achieving the UN SDGs. We have committed resources and efforts to programs that support the goals, and use an SDG symbol to indicate where they align.