The Responsible Canadian Energy Program provides common metrics for performance measurement and reporting, supporting tools to assist CAPP members in the design and implementation of their internal systems and processes, and an opportunity to share success stories and best practices to elevate overall industry performance. A critical component of the Responsible Canadian Energy program is the measurement, reporting and analysis of data to demonstrate where the industry is making progress and where more focus is needed to achieve the desired results.

Our stakeholders want ongoing assurance that our industry is responsibly developing our country’s oil and gas resources. Responsible Canadian Energy is an opportunity for us to demonstrate our progress, be candid about our challenges and encourage a collaborative approach in pursuit of solutions. It represents a unified approach by CAPP’s membership, focusing our efforts on continuous performance improvement and achievement of the high standards of performance our stakeholders expect of the Canadian oil and gas industry.

CAPP’s oil and gas producers are involved in an industry that ranks as the fifth largest energy producer in the world. With five billion barrels of conven¬tional oil reserves and 170 billion barrels of oil sands reserves, Canada ranks third in total global oil reserves. Additionally, Canada is the third largest producer of natural gas in the world.

We are the largest single private sector investor in Canada, investing approximately $50 billion in 2010 and making $18.3 billion in payments to federal and provincial governments.

The oil and gas industry touches many Canadians. There are over 550,000 employees, contractors and suppliers employed directly and indirectly to provide Canada and its trading partners with the energy we need to heat our homes, run our cars and fuel our industries. We manufacture more than 3,000 products made with hydrocarbons as an original source compound. With this breadth and reach comes responsibilities and we are challenged every day to work smarter and better. Reducing our impact on the environment is a key driver for technological innovation.

Responsible Canadian Energy represents a collective commitment by CAPP’s members to measure our performance and to find new and innovative y approaches to reduce our environmental footprint, to ensure every worker returns home safely every day, and to continue to improve the ways in which we communicate and engage the public and other stakeholders. In a world that continues to evolve its understanding of the environmental responsibilities of individuals and corporations, we have developed the Responsible Canadian Energy Program to address the expectations of our stakeholders, incorporating learning’s from the sustainability programs of other leading industry associations.

The oil and gas industry’s commitment to responsible resource development is at the heart of the Responsible Canadian Energy program.