We recognize the value of our diverse workforce and consistently create an environment where all employees, wherever we do business, are treated respectfully and feel valued. Communicating and working effectively across cultures is essential in a global organization. In support of our policy “Valuing Diversity,” we implemented cross-cultural awareness sessions to help management and employees recognize and appreciate the cultural diversity within our operations. In response to feedback from our employee surveys, we have implemented targeted, respectful workplace sessions to better manage working relationships.

Petro-Canada also uses feedback from employee surveys to identify employee perspectives on our diversity performance. We have a formal complaint process for people who feel they have been discriminated against. To date, we have had very few complaints of this nature.

As at the end of December 2008, Petro-Canada had three women members on its Board of Directors. Four officer level positions were held by women and 41 women were in senior management roles.

As at the end of 2008, 1.3% of the Company’s employee workforce was self-declared as Aboriginal, 11% of the employee workforce was self-declared as belonging to other minority groups and 1.6% was declared as disabled.

Operating Internationally

Petro-Canada has increased its international presence over the last several years. Our business model is evolving from being a joint venture partner to operating our investments in Libya, Syria and Trinidad and Tobago. This presents opportunities and challenges. As operator, our sphere of influence in creating an effective cross-cultural workplace is stronger. As our international operations expand, we will be looking to hire and develop the capability of an increased number of local nationals. There are greater responsibilities to uphold our commitments to internationally accepted labour standards and human rights, including those prohibiting child labour, forced labour and discrimination of employees.