Our corporate responsibility. - ARC Resources Ltd.

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We carry out internal and third party independent safety audits as soon as we acquire any property and upgrade faulty or hazardousequipment if any exists. We also carry out regular audits on our own facilities. ARC has emergency plans in place that prepare us foremergencies that can threaten people, the environment and our operations.ecoNoMYLike any other business, our goal is to be a profitable company generating long-term value for our investors. We also believe that our roleis to contribute to the prosperity of the Canadian economy at large. We infuse capital into the economy through employment incommunities across the four western Canadian provinces, support of local not-for-profit organizations, distributions to our unitholders,payment for services to our suppliers and contractors, and payment of crown royalties and municipal taxes. ARC contributed $128 millionin salaries, bonuses, and benefits over the past three years and since inception have spent $1.7 billion on capital projects, $1.2 billion onoperating activities, paid $1.3 billion in royalties and distributed approximately $3 billion to our owners. Whenever ARC purchases a newasset, we infuse money and people into the areas to improve operations and use local goods and services as much as possible.Our contributions to the economy are significant, from spending on capital projects and operating activities, to royalty payments togovernments, and distributions to our unitholders. The indirect economic impacts of ARC’s contributions then multiply, as investors andsuppliers invest that income in the Canadian economy through the purchase of goods and services, payment of taxes, and the creationof new businesses.coMMuNitY iNVoLVeMeNtBecause communities give so much to ARC in terms of important infrastructure and access to resources, we believe in giving back tocommunities. Over time, governments have reduced their commitments in key areas of health and social programs, leaving business topick up the slack. We are overwhelmed with requests for financial assistance for many deserving causes. We have made a corporatedecision to focus on specific areas of support. These areas are: health and wellness, social services, sports and recreation, arts and culture,and education. In 2007, ARC donated over $1.7 million to a total of 258 organizations. ARC has made major commitments to the UnitedWay, the Calgary Children’s Hospital, STARS air ambulance, the Canadian Sport Centre Calgary and the Alberta Cancer Foundation.We support some organizations on a one-time basis only, but we prefer to form partnerships for longer term development. Each of ourfield offices has the discretion to channel funds to community and social organizations in communities that host our operationsand employees.coNtiNuAL iMpRoVeMeNtWe understand that we are not perfect and don’t always meet everyone’s expectations, but we are committed to operating our businessin a responsible manner. Striving toward excellence is an integral part of our corporate philosophy. We have commenced corporateresponsibility reporting even though we are not able to tell a complete story. We believe that corporate responsibility is essential and ourstakeholders are interested in learning about ARC from all perspectives – not just the financial one. We have much more to do and weare working hard to get there. It is our goal to publish this report on a regular basis to keep our stakeholders apprised of our achievements,and our desire to do better in areas that need improvement.John P. DielwartPresident & Chief Executive Officer62 Corporate Responsibility
corporate responsibilitymanagementARC is committed to the highest standards of corporate governance practices and procedures. As corporategovernance continues to evolve, we constantly review, appraise and modify our programs to ensure that wemeet current expectations for best practices. ARC’s approach to corporate governance meets the guidelines ofNational Instrument 58-101. To ensure that corporate responsibility is integrated throughout ARC, we haveimplemented numerous governance and management mechanisms.Board of DirectorsARC’s Board of Directors consists of eight members, all of whom, except for the CEO, are “independent” directors within the meaning ofCanadian Securities National Instrument 58-101. The Chairman of the Board is an independent director.Unitholders, shareholders and employees can provide input to the Board through various avenues. The annual general meeting process enablesunitholders to introduce resolutions and topics for discussion. Employees are encouraged to ask any question on any topic of any senior companyofficial. There is an email address for the Board, from which questions are directed to the Board when appropriate.Board CommitteesThe Board has established the following committees to address critical issues: Audit; Health, Safety and Environment (HSE); HumanResources and Compensation; Policy and Board Governance; Risk; and Reserves.In 2004, the ARC Board of Directors established the Health, Safety and Environment (HSE) Committee. The Committee meets four timesa year and assists the Board in its responsibilities for oversight and due diligence by reviewing, reporting and making recommendationsto the Board and management on the development and implementation of HSE policies, standards and practices. This committee meetsseparately with ARC management who has responsibility for such matters and reports to the Board. All members of the HSE Committeeare independent directors. The HSE Committee’s mandate and other board mandates are available on our website.The daily management of corporate responsibility commitments and implementation of programs is ledby ARC’s senior management team. Our approach incorporates management systems, regular audits, andcorrective action tracking.Corporate Responsibility7
Page 3 and 4: We at ARC believe that corporate re
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Page 7: EnvironmentWe operate in an industr
Page 11 and 12: environmentWe understand that our o
Page 13 and 14: ARC maintains an active reclamation
Page 15 and 16: Our Management ApproachAs described
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Page 19 and 20: such issues as equal opportunity, h
Page 21 and 22: At a minimum, we solicit community
Page 23 and 24: Our Management ApproachOur approach
Page 25 and 26: performance summaryARC is committed
Page 27 and 28: Contact and FeedbackWe welcome and

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