Cenovus Energy Inc. released its 2025 Modern Slavery Report detailing steps taken to prevent and reduce forced labour and child labour risks in operations and supply chains pursuant to Canada's supply chain transparency act.
Key takeaways
Continued Modern Slavery Focus Group to review effectiveness of anti-modern slavery actions.
Engaged external experts for advice on modern slavery risks and reporting.
Maintained Cenovus Modern Slavery Governance Program throughout 2025.
Developed tool and methodology for assessing modern slavery risks in supply chains.
Divested 50% interest in WRB Refining LP's Wood River and Borger refineries on September 30, 2025.
79% of tier 1 supplier spend in Canada, 15% in U.S., 6% elsewhere including China.