The Work Index by Flexa

Ovintiv

Ovintiv is a leading North American energy producer focused on developing its multi-basin portfolio of oil, natural gas liquids and natural gas producing plays.

https://www.ovintiv.com/
5.6

/10

Transparency ranking

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Description

Ovintiv is a leading North American energy producer focused on developing its multi-basin portfolio of oil, natural gas liquids, and natural gas producing plays. The company is committed to producing safe, affordable, secure, and reliable energy both profitably and sustainably, as outlined in their sustainability report. Ovintiv's approach to sustainability involves driving meaningful GHG emissions reductions, promoting innovation, fostering transparent partnerships, and aligning economic, environmental, and energy security needs.

Ovintiv prioritizes strong corporate governance, maintaining transparency and integrity while proactively managing risk. The company's Board of Directors oversees the management of the business and is committed to carrying out a rigorous corporate governance structure. Ovintiv's executive compensation program is market-competitive and aligns pay with performance, incorporating sustainability metrics into their company scorecard to demonstrate the company's commitment to environmental, social, and governance matters.

Mission

Ovintiv is a leading North American energy producer committed to producing safe, affordable, secure, and reliable energy in a profitable and sustainable manner. They believe their oil, natural gas, and natural gas liquids are essential to modern life, from healthcare and education to mobility and technology. They prioritize environmental stewardship, social responsibility, and corporate governance, as evidenced by their long track record of transparency and sustainability reporting, including initiatives to reduce emissions, promote diversity and inclusion, and engage with communities.

Data-driven
Environmental impact driven
Improving quality of life/health
Social impact led
Sustainability

Culture

Ovintiv promotes a culture focused on innovation, collaboration, and continuous improvement. They emphasize safety, environmental responsibility, and social commitment, aiming to create a positive and inclusive workplace. Their values are reflected in their programs, such as their employee resource group LINK, which focuses on fostering diversity and inclusion, and their commitment to sustainable practices.

Collaborative
People-first
Progressive
Supportive
Transparent

DE&I

Ovintiv is committed to fostering an inclusive culture that values diversity of thought, background, and experience. Their approach emphasizes listening to and learning from employees, understanding the makeup of their workforce, and attracting, developing, and retaining diverse talent. They are actively building a culture of inclusion through initiatives like their employee resource group, LINK, which focuses on enhancing their culture, creating development opportunities, sharing knowledge, and strengthening relationships. They also partner with organizations dedicated to promoting diversity, equity, and inclusion, sponsor events that support their culture of inclusion, and are transparent about their progress through their annual reports and surveys.

Ethnically diverse
Gender diverse
LGBTQ+ representatiion

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