Maxxam’s fourth annual Corporate Responsibility Report is a combination of established traditions and new territory. Much like in previous years, we continue to share our industry-leading commitment to transparency and accountability. We keep on sharing with our customers, employees and partners the “real life” stories and proof points around our six guiding principles for corporate responsibility: leadership and governance, value creation for customers, advancement of science and industry, fairness and opportunities for employees, respect for the environment, and contributions to our communities.
But we’re also exploring new avenues of communication. The 2014 version of our report is our first “digital only” issue. A combination of customer feedback, environmental concerns and the economic realities of our times have prompted the decision to forgo printed copies.
Which brings me to one of the main messages I would like to share with you. 2014 has not been an easy year for many businesses in Canada, in particular ones like ours and many of our customers who are closely tied to the energy sector. Plummeting oil prices have had a significant impact on our industry, one that is likely going to be felt for months and possibly years to come.