Ethical Values
At UTS, we seek to balance the need for energy development with the needs of communities and stakeholders. We must concurrently build shareholder value while respecting the environment, addressing the concerns of our neighbours and providing for future needs. We support the principle of sustainable development through adaptive management, integration of environmental planning and accountability at all levels of operations and management. Among the tools we will use to achieve these goals are technological innovation, community consultation and regional participation.
RESPONSIBLE RESOURCE DEVELOPMENT
UTS recognizes that environmental and health and safety standards will become increasingly rigorous. We further recognize that responsible resource development must plan for addressing these expectations throughout the life cycle of any resource development project. As a result, we are using adaptive environmental management to help understand the evolving environmental issues associated with oil sands development.
HEALTH AND SAFETY
We are committed to protecting the health and safety of communities, employees and contractors, and to implementing procedures and systems that promote health and safety in the workplace. Our health and safety management system involves education, prevention and commitment and goes beyond our operations and into the communities in which we are involved.
COMMUNITY RELATIONS
We are committed to establishing and maintaining a constructive dialogue with stakeholders to ensure that we understand and address stakeholder concerns. We will strive to earn and retain stakeholder respect for our activities.
We will also conduct our activities with professional integrity, seeking to balance the need for increasing energy supply with environmental sustainability, stakeholder expectations and financial accountability to shareholders. We are currently developing policies and strategies toward achieving this balance in a pragmatic and proactive way.
For example, we began our community and stakeholder engagement program at Fort Hills well before filing applications to the Government, and will continue this program throughout the life of the Project. The engagement program was developed to enhance the understanding of issues, identify options for resolutions and make choices for the future. This two-way communications approach is offered to public, industry, government and regulators, and includes all communities and stakeholders whose rights might be directly affected by the nature and extent of the Project. The engagement program will provide various opportunities for the community and stakeholders to voice opinions and share information and will include, but not be limited to, one-on-one meetings with communities and stakeholders, as well as community open houses and meetings.
Procurement policies and procedures will be designed to balance and facilitate broad-based competition, fair and equal treatment of the business community, innovative solutions and direct and indirect economic benefits for local communities, Alberta and Canada.
Opportunities, where practical and feasible, will be established specifically for First Nations and/or local companies that provide fair and reasonable goods and services required for the Fort Hills oil sands project.
Business opportunities will be presented to communities and stakeholders in a variety of ways. For example, this may include solicitation through public tender notice advertisements, open houses, by invitation, referrals, the UTS Energy Corporation website or through unsolicited applications.
Companies and individuals awarded contracts will be assessed according to the complexity, cost and deliverables. The more complex and capital intensive the project work the more complex and specific the criteria and weighting.
All of our programs are sensitive to constraints on communities and stakeholders. Recognizing protocols and culture, our community engagement includes a tailored approach to meeting with First Nations, Metiis and other Aboriginal peoples.
