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Imperial Oil Corporate Citizenship Report Now Available

Published 01-06-04

Submitted by Imperial Oil LTD

TORONTO - Imperial Oil's corporate citizenship report: A Partner in the Canadian Community, is now available on the Imperial Oil website. The report provides a comprehensive overview of the company's environmental and social commitments and performance throughout 2002.

"Imperial's successful operation is based on a 120-year history of understanding and responding effectively to the varied expectations of millions of people who have an interest in our business," said Tim Hearn, chairman, president and chief executive officer.

A Partner in the Canadian Community examines Imperial's safety and environmental performance, community contributions, corporate governance and ethical priorities and standards, as well as the company's commitments to meaningful dialogue with communities and other partners.

"We believe that working effectively with our partners in the community is critical to our success and our ability to make a valuable contribution to Canada by providing employment opportunities, essential products, critical tax revenue, expertise and support for hundreds of non-profit organizations across the country," said Hearn.

This latest corporate citizenship report is posted on Imperial Oil's web site at www.imperialoil.ca, along with a selection of other reports, including the company's Action Plan Update to Canada's Climate Change Voluntary Challenge and Registry Inc. (VCR Inc.).

The VCR report documents Imperial Oil's performance, progress and plans to meet its corporate goals to reduce greenhouse gas emissions. VCR Inc. has recognized Imperial Oil as a Gold Champion Level Reporter for its 2002 Report to the Registry. Imperial Oil has earned the highest honour awarded by surpassing the rigorous reporting standards of VCR Inc.'s Champion Reporting System.

Paper copies of both these reports are also available from the company's public affairs department (416-968-4875.)

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