Page 17

ARC effectively manages its liabilities through the controlled abandonment and reclamation of facilities, wells and leases. ARC maintains a reclamation fund to ensure that required funds are available for future reclamation of wells and facilities once they have reached the end of their economic life. ARC currently makes an annual contribution of $12 million to support this effort. ARC conducts emergency response training on a regular basis in all of its operating fields to ensure a high level of response capability when placed in challenging situations. ARC held its third annual consultant health and safety workshop in the spring of 2006. This annual workshop reinforces to contractors ARC’s expectations for a safe work environment and takes the opportunity to review safe work practices and procedures, changes to regulatory requirements, and modifications to ARC programs. ARC performed safety audits on operated facilities and lease sites in 2006. ARC aims to conduct safety audits on a minimum of 10 per cent of its primary contracted companies. It is critical to ARC that contractors have a safety management system in place and all their employees are trained on the proper procedures to follow. The audit program provides an opportunity to evaluate contractor performance and ensure ARC safety standards are employed consistently and effectively at all sites. ARC has consistently supported the communities it operates in by sponsoring and donating to community initiatives. In 2006, ARC contributed $1.3 million to not-for-profit groups both in Calgary and in its field communities. ARC has been pleased to partner with The United Way since 1996 and in 2006 ARC contributed over $169,000 to the Calgary and area United Way. In recognition of ARC’s support, ARC received the Spirit of Gold Leadership Giving Award. ARC often partners with organizations for several years committing to yearly donations so that a non-profit organization can better budget to provide its services to the community. ARC

ANNUAL REPORT REPORTF

has formed partnerships with many organizations some of which are: • The Progressive Alternatives Society of Calgary that supports people with developmental disabilities to find employment; • The Alberta Cancer Foundation supporting the Molecular Cancer Epidemiology Research Chair; • The Alberta Mentor Foundation for Youth, which helps junior and senior high schools students achieve full potential through supporting in-school mentoring relationships; • STARS – Alberta Shock Trauma Air Rescue Service Foundation, which is dedicated to the provision of a safe rapid, highly specialized emergency medical transport system for the critically ill and injured; • Ronald McDonald House that provides accommodation to families who are accessing the Alberta Children’s Hospital; • Enviros Wilderness School, which provides support and assistance to troubled youth; • Calgary Philarmonic Orchestra; • Calgary Glenbow Museum; and • Canadian Sport Centre Calgary. ARC also donates extensively in the communities it operates in with each field office deciding where community support monies are to be directed. Through its field offices ARC supports community centres, aboriginal programs, youth sports programs, food banks, seniors outreach groups and many other community organizations across Alberta, Saskatchewan and British Columbia. ARC’s environment, health and safety program and community involvement initiatives are explained in more detail on its website at www.arcenergytrust.com.

Health, Safety & Environment

15

2006  

Annual Report

Read more
Read more
Similar to
Popular now
Just for you