12.07.2015 Views

Our corporate responsibility. - ARC Resources Ltd.

Our corporate responsibility. - ARC Resources Ltd.

Our corporate responsibility. - ARC Resources Ltd.

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

economic impacts“Wealth” literally means a condition of well-being. <strong>Our</strong> activities directly lead to generating and distributingwealth throughout society. Beyond our financial relationships with employees, suppliers, communities,unitholders and others, our operations contribute to other socio-economic dimensions of well-being.Although they cannot be measured by dollars, opportunities for human development, certainty throughlong-term agreements, and improvements to infrastructure are all important impacts <strong>ARC</strong> has on ourstakeholders. A company benefits society and improves economic well-being by creating jobs and injectingcash into the economy through salaries, distribution payments to unitholders, and through payment of taxesand fees to governments.By the very nature of our <strong>corporate</strong> structure and focus, <strong>ARC</strong> is positioned as a long-term contributor to variouseconomies. <strong>Our</strong> assets are characterized by long-life reserves, extensive production histories, low decline rates,and a diversified property mix. This results in attractive distributions to unitholders, low operating costs, morepredictable supplier and employer relationships, and the opportunity to become a community citizen ratherthan a short-term visitor.<strong>Our</strong> Economic CommitmentsWe are committed to creating long-term value for our unitholders, employees, communities and governments, suppliers and otherstakeholders. Further, we are committed to:• Reinvesting earnings in employees, communities and capital• Creating employment in our six main field offices and surrounding communities• Preferring local suppliers• Staying invested in Western Canada20 2 Corporate Responsibility

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!