As a responsible energy developer, Suncor strives for excellence in economic, social and environmental performance. Below is a snapshot of our priorities in 2007 and 2008 and how we performed against those priorities:

Pursue Zero Injuries. Employee lost-time injury and recordable injury frequency continued to decline as employees and contractors embraced our Journey to Zero safety culture. Suncor also launched a major initiative to enhance process safety management. But the death of Finning Canada employee Kevin Grocutt at the Millennium Mine in July 2008 was a tragic reminder of why we must constantly seek safety improvements.

Reduce Our Environmental Footprint. We continued to make advances in reusing and recycling water resources. As a result, Suncor's absolute water use has declined by 22 per cent over the last six years. We made advances in progressive land reclamation and piloted research into new technologies to accelerate the pace of tailings pond reclamation. Suncor is on track to achieve an industry first in 2010 by completing surface reclamation of Pond 1, our original tailings pond.

Address the Climate Change Challenge. Suncor established a team of senior leaders to identify the best opportunities for improving energy efficiency and for reducing greenhouse gas emissions across our operations. We continued to investigate and advance potential emissions-reducing technologies, including carbon capture and storage. We also opened our fourth (and largest) wind power project near Kincardine, Ontario.

Invest in Healthy Communities. Suncor and the Suncor Energy Foundation have invested a total of $24.9 million in hundreds of charitable and non-profit organizations in communities where we operate. We worked with stakeholders to address housing needs and other infrastructure challenges in the Wood Buffalo region and we funded the construction of a new $55-million interchange on Highway 63, north of Fort McMurray. We also entered a partnership with the Fort McKay First Nation to establish a business “incubator” to promote economic development and entrepreneurship.

Generate Prosperity and Opportunity. In 2007 and 2008, Suncor paid approximately $2.6 billion in royalties to the Alberta government and another $2 billion in property and excise taxes to all three levels of government. Suncor spent a total of $16.5 billion on goods and services, including $367 million on direct purchases from Aboriginal businesses in the Wood Buffalo region.

Promote Sustainable Development. Suncor continued to work closely with a range of multi-stakeholder groups—including the Boreal Leadership Council, the Regional Aquatics Monitoring Program and the Cumulative Environmental Management Association—to encourage responsible energy development. We entered into partnerships with the Alberta Conservation Association and Ducks Unlimited to establish specific conservation projects. We also co-founded the Oil Sands Leadership Initiative, a group of six like-minded oil sands producing companies dedicated to making tangible improvements in the environmental, social and economic performance of the oil sands industry.