“Climate change is an important global issue, requiring attention across industries and around the globe. Balanced policy should deliver economic growth, environmental protection, and a secure and reliable energy supply.”108 “Devon engages directly with industry and association leaders to help shape policy positions that balance economic growth, environmental protection, and a secure and reliable energy supply.”109 Statements on Human Rights “Devon operates its business in a manner that is consistent with human rights expectations, including the philosophy expressed in the Universal Declaration of Human Rights. Devon strongly endorses that recognition of the inherent dignity of all members of the human family is the foundation of freedom, justice and peace, which is a fundamental principle of the Universal Declaration of Human Rights. Our core values embrace both social progress and economic growth, consistent with the United Nations Guiding Principles on Business and Human Rights. We are also guided by the principles articulated in the International Labor Organization’s Declaration of Fundamental Principles and Rights at Work, including the prohibition on child labor, forced labor and discrimination in the workplace.”110 Encana Corporation Statements on Climate Change “Encana’s cost of complying with emerging climate and cost of carbon regulations is not currently forecast to be material to the Company, however as these and additional federal and regional programs are in their early implementation stage or under development, Encana is unable to predict the total future impact of the potential regulations upon its business.”111 “Meeting some of the world’s energy needs while managing greenhouse gas (GHG) emissions is a complex challenge. The growing demand for energy will require the continued development of oil and gas resources. With increasing oil and gas production, energy companies are focused on limiting emissions with innovative solutions and technology and improving efficiencies. Natural gas has been a big part of the solution. Increased North American natural gas production has encouraged greater use for electric power generation, resulting in dramatically lower GHG emissions. The increased export of natural gas through Id., p. 46. Id. 110 Devon Energy Corp., Statement on Human Rights, available at http://www.devonenergy.com/documents/Sustainability/Social/Human-Rights/DVN_Statement-on-HumanRights_092518.pdf (last accessed on 12 September 2019). 111 Encana Corp. (2018), Annual Report 2018, p. 31, available at https://www.encana.com/pdf/investors/financial/annual-reports/2018/2018-annual-report.pdf (last accessed on 12 September 2018). 108 109 Annex D: Corporate Statements on Climate Change and Human Rights | 27