| area of activity | achievements and
disappointments in 2006 |
future plans |
| environment | | |
climate change
Read more ... | > total greenhouse gas emissions remained at 2002 levels
> improved energy efficiency in refineries by four percent compared with 2002 and by 16 percent compared with 1994
> captured 99.9 percent of the solution gas associated with oil production – one of the highest rates among Alberta producers | > continue to invest in energy efficiency improvements in operations
> continue to manage flaring in ways that conserve energy and reduce greenhouse gas emissions
> research energy technologies that will reduce greenhouse gas emissions from the combustion of hydrocarbons
> support evaluation of carbon dioxide capture and storage
|
air quality
Read more ... | > emissions of sulphur dioxide, nitrogen oxides and volatile organic compounds decreased between two and five percent from 2005
> began producing ultra-low sulphur diesel fuel nationwide | > complete sulphur recovery unit at the Cold Lake operation
> undertake facility upgrades at Sarnia, Nanticoke and Dartmouth refineries to reduce sulphur dioxide emissions |
spills
Read more ... | > number of oil and chemical spills greater than one barrel increased to 34 from 28 in 2005 | > invest in projects to reduce probability and impact of spills
> continue to provide training to raise awareness of environmental excellence, including spill prevention |
water
Read more ... | > more than 98 percent of produced water was recycled at the Cold Lake operation, maintaining recycling at record levels | > work with industry to identify ways to manage cumulative impacts on the Athabasca River in northern Alberta
> continue multi-year project at Sarnia site to improve water protection |
| workplace | | |
safety
Read more ... | > long-term trend in safety performance remained strong, but the number of work-related injuries and illnesses rose among workers
> total recordable incident rates for employees and contractors were 0.35 and 0.99, respectively | > expand the use of behaviour-based safety tools and processes
> support contractors in development of safety tools and processes
> strengthen the use of office safety management system to help prevent repetitive-strain injuries among office workers |
| community and social | | |
community investment
Read more ... | > contributed $12.4 million to community initiatives across Canada
> completed strategic review of
community investment program to better align business and social priorities
> together with employees and retirees, contributed nearly
$3 million to United Way-Centraide campaigns across Canada | > focus on community investment opportunities in education, the environment, and civic and community issues
> increase funding of programs that address Aboriginal peoples’ needs, especially education |
community engagement
Read more ... | > signed agreements with key First Nations and Métis communities in support of the proposed Kearl oil sands project
> on the strength of project studies and community engagement, the Kearl project application received regulatory
approval in early 2007 | > consult with stakeholders on follow-up items related to proposed Kearl oil sands project
> continue to build strong relations with Aboriginal groups focused on employment, education and training, and business development
> continue to engage community groups on the Mackenzie gas project throughout Joint Review Panel hearings |
| economic | | |
financial highlights
Read more ... | > achieved record earnings of more than $3 billion
> maintained industry-leading return on capital employed of 36 percent
> total shareholder return, including share appreciation and dividends, was 12.5 percent | > maintain overall corporate strategy of continually improving operations while pursuing quality investments |
