Commitment to Sustainable Development

Albian Sands Energy Inc. is committed to contribute to sustainable development. To us, this means the integration of economic, environmental and social considerations in the decision-making process across all of our business activities. It means addressing both short-term and long-term needs.

Commitment to Sustainable Development

Our activities are guided by the following principles:

Generate robust profitability
Successful financial performance is essential to our sustainable future and contributes to the prosperity of society.

Deliver value to our customers
Customers are the lifeblood of our business. We seek constantly to strengthen existing customer relationships and develop new ones. Protect the environment

Manage resources
Efficient use of natural resources, for example, energy, land and water, reduces our costs and respects the needs of future generations. We constantly look for ways to minimize their use.

Respect and safeguard people
We expect everyone to be treated with respect. We strive to protect people from harm from our products and operations.

Benefit communities
Wherever we work we are part of a local community. We will constantly look for appropriate ways to contribute to the general well being of the community and the broader societies who grant our license to operate.

Work with stakeholders
We affect, and are affected by, many different groups of people, our stakeholders. We aim to recognize their interest in our business and to listen and respond to them.

Health, Safety and Environment Policy

Albian Sands Energy Inc. is committed to:

• pursue the goal of no harm to people
• protect the environment and pursue the goal of prevention of pollution
• use material and energy efficiently to provide our products and services
• develop energy resources, products and services consistent with these aims
• publicly report on our performance and engage in stakeholder consultation
• play a leading role in promoting best practice in our industry
• manage health, safety and environment as any other critical business activity
• promote a culture in which all AOSP employees share this commitment

Albian Sands Energy Inc.:

• has a systematic approach to health, personal and process safety and environmental management designed to ensure compliance with the law and to achieve continuous performance improvement
• sets targets for improvement and measures, appraises and reports performance
• requires contractors to manage in accordance with this policy
• includes health, personal and process safety and environmental performance in the appraisal of all staff and rewards accordingly.

We strive to achieve a health, personal and process safety and environmental performance that we are proud of, to earn the confidence of customers, shareholders and society at large, to be a good neighbour and to contribute to sustainable development