ReportAlert.info - Nexen Inc (TSE:NXY) publishes 2010 Sustainability Report

The report provides a summary of the company's environmental, social and economic performance.
Oct 18, 2011 9:14 AM ET

(3BL Media / theCSRfeed) October 18, 2011 -  Nexen Inc., a Canadian-based global energy company, has released its 2010 Sustainability Report which provides a summary of the company’s environmental, social and economic performance. To view or download the report, please visit http://www.reportalert.info/ra/profiles/Nexen/2011/?ID=42059.

Specifically, it takes a closer look at the steps Nexen is taking to ensure responsible development of its offshore oil and gas, shale gas and oil sands projects. Each contributes significant value to Nexen and forms a key pillar of its long-term growth strategy. The report examines the steps being taken to reduce its environmental footprint and leverage the broad benefits that development in these areas can bring.

In addition to this report, supplemental sustainability coverage including previously reported data has migrated to Nexen’s website, http://www.nexeninc.com/ResponsibleDevelopment. The increased emphasis on online reporting offers a more accessible way to share Nexen’s sustainability performance with all stakeholders throughout the year.

Nexen’s VP of Health, Safety, Environment & Social Responsibility, Kelly Kowalchuk, states “Nexen understands how we do business is just as important as what we achieve. That’s why we’re committed to tracking and transparently disclosing our health, safety, environmental and social performance as well as our positive impact on the economy. We encourage you to read this report carefully and give us your feedback. By working together, we can help create the sustainable energy future we all desire.”

Nexen is an independent, Canadian-based global energy company, listed on the Toronto and New York stock exchanges under the symbol NXY. Nexen is focused on three growth strategies: oil sands and unconventional gas in Western Canada and conventional exploration and development primarily in the North Sea, offshore West Africa and deep-water Gulf of Mexico. Nexen adds value for shareholders through successful full-cycle oil and gas exploration and development, and leadership in ethics, integrity, governance and environmental stewardship.

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