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Encana Plans For A Carbon Constrained Future

Published: 06 August 2010

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7 pages, 3 figures

Executive Summary

This case study is one in a series of Verdantix reports that analyze corporate climate change and sustainability strategies. EnCana Corporation, the North American integrated oil and gas giant, generated revenues of $30 billion in 2008 and had 8000 employees. Emerging from the split of EnCana Corporation in November 2009, Encana, the pure play natural gas provider based in Calgary, delivered revenues of $3.5 billion in the first quarter of 2010 and has 5000 employees. Encana’s principal activities are the exploration, development and production of unconventional natural gas resources principally from shale in North America. Leaving the heavy oil assets to sister company Cenovus Energy, Encana markets itself as the sustainable energy solution for North America. While positioning itself to capitalize on the opportunities of a carbon constrained future by making investments in long-term R&D prospects, Encana needs to further define the roadmap to achieve large-scale deployment.

TABLE OF CONTENTS

MEDIUM-TERM ROADMAP NEEDED TO TAP INTO SUSTAINABILITY
Encana’s Sustainability Strategy Focuses On The Advantages Of Natural Gas
Encana Invests In Cutting-Edge Technologies To Resolve Future Challenges
Encana’s Success Depends On Medium-Run Deployment

TABLE OF FIGURES

Figure 1. Natural Gas Provides Sustainable Benefits
Figure 2. Encana Reports Carbon Emission Reductions In 2009
Figure 3. Encana Aims To Achieve Triple Bottom Line Through Sustainability Initiatives

COMPANIES MENTIONED

Atlantic Hydrogen, BG Group, BP, Carbon Disclosure Project, Cenovus Energy, Chevron, Encana, EnCana Corporation, Enviance