At Husky, we believe in accountability to our employees, to our shareholders and to the broader community. We hold ourselves responsible every day, at every level of the organization.

We demonstrate that commitment throughout this report. Our focus on keeping our people, the public and the environment safe is reflected in lower rates in 2016 for both critical and serious incidents and total recordable injuries.

The impacts of our operations, the actions taken to mitigate them and the progress we make are tracked and measured. For environmental, social and governance data, we are increasing the number of financial quality metrics we report.

Technology is key to progress and we are always looking for innovative ways to reduce our environmental footprint. We have captured carbon dioxide at our Lloydminster Ethanol Plant since 2012, using it as part of enhanced oil recovery efforts in nearby heavy oil fields. We are now evaluating CO2 capture technology at our Lloyd thermal projects. While still in the early stages, this technology could feasibly turn these projects into a lower carbon source of energy.

It’s important to note where we’re making progress. It is even more critical to acknowledge when our high standards are not met.

In 2016 we had a pipeline incident in Saskatchewan that affected the North Saskatchewan River, and had an associated impact on communities and First Nations downstream. This should not have happened and from the beginning we took full responsibility. We have worked from day one to make things right and are using what we’ve learned to further improve our operations.

Our pipeline incident rate continues to show a steady improvement. In 2015 we recorded our lowest ever rate with 2.39 incidents per 1,000 kilometres of operated pipeline. In 2016 we reduced it further to 1.36. This shows we’re making good progress.

We work every day to build a sustainable and resilient company, for the people we employ, our shareholders and the communities where we operate. We strive to deliver essential products to the world in a safe and responsible manner, and we’re doing just that.

Rob Peabody
Rob Peabody