| |  | Our Approach To Corporate Citizenship
| Imperial Oil is one of Canada's largest corporations and a leading member of the country's petroleum industry. We supply energy to millions of people, providing fuels that generate heat, light and transporation as well as the building blocks for many products Canadian use every day. |
High standards of integrity, legal compliance, governance and management control systems are integral to our business model. How we achieve business results is as important as the results themselves.
Acting in a responsible manner allows us to:
- support our relationships with stakeholders
- improve our ability to attract and retain talented people
- build our reputation in the community
- manage key risks to the business
Our corporate citizenship commitments are governed by the Board of Directors and its various committees. We ensure that employees incorporate these commitments into their work activities and decision making. We also encourage our employees to become involved in the communities where they work and provide financial support for charitable causes in which they are involved.
Our Standards of Business Conduct provide each employee with guidelines on ethics, conflict of interest, non-discrimination and harassment in the workplace. Our Operations Integrity Management System and other related systems form the framework by which we ensure safe, secure, reliable and environmentally sound operations.
|
Business segments
Resources (Upstream business)
explores for and produces oil and natural gas. This division is a major developer of heavy oil and oil sands through our Cold Lake operation and a 25 percent interest in Syncrude. Development opportunities are being pursued through the Kearl oil sands project in northern Alberta, the Mackenzie natural gas project in the Northwest Territories, in the Horn River Basin of northeastern British Columbia, the Beaufort Sea and in offshore areas of Atlantic Canada.
|
Refining and marketing
(Downstream business)
manufactures, distributes and markets petroleum products. This division operates refineries in Dartmouth, Nova Scotia; Sarnia and Nanticoke, Ontario; and in Strathcona County, near Edmonton, Alberta. These refineries convert crude oil into petroleum products that are delivered through more than 100 distribution terminals and about 1,900 retail service stations
Chemical business
produces a range of petrochemical products, including polyethylene and specialized solvents, at manufacturing facilities in Sarnia and Dartmouth.
Imperial Oil is a Canadian corporation whose ownership is divided between public shareholders (30.4 percent of common shares) and Exxon Mobil Corporation (69.6 percent). Imperial Oil shares (IMO) are listed on the Toronto Stock Exchange and the NYSE Amex.
| |
|
|
