Ovintiv
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OVERALL |
|
Owned |
USA |
Rating |
N/A |
Energy producer
Previously EnCana Corporation
Ovintiv Inc | USA | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Ovintiv Inc | ||||
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 64.2/100, ranking 57th in the Energy & Utilities sector, and 467th overall.
Source: Newsweek (2021) |
As You Sow's 2019 report, 'Disclosing the Facts: Transparency and Risk in Hydraulic Fracturing Operations', benchmarks 28 companies engaged in hydraulic fracturing ('fracking') against investor needs for disclosure of operational impacts and mitigation efforts. This company only succeeded in disclosing information on 4 of the 43 indicators related to management of toxic chemicals, water and waste, air emissions, methane leakage and community impacts.
Source: As You Sow (2019)
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of D.
Source: CDP (2019)
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of D.
Source: CDP (2019) |
In 2022 the median pay for a worker at this company was US$172,989. The CEO was paid 59 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 402nd of 937 companies, and 15th of 23 Oil & Gas companies.
Source: JUST Capital (2024) |
Company Details
Type | Public company |
Contact Details
Address | USA |
Website | ovintiv.com |