Suncor Energy (TSE:SU) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Suncor Energy criticizes the recent amendments to the Competition Act, which they argue stifles transparency and communication among Canadian businesses regarding environmental actions due to the risk of litigation and financial penalties. The new legislation forces Suncor to withdraw public information on their climate initiatives from their platforms, despite the company’s ongoing commitment to environmental performance and emissions reduction. This change has prompted Suncor to seek clarity from the federal government in order to continue sharing their efforts in combating climate change.
For further insights into TSE:SU stock, check out TipRanks’ Stock Analysis page.