Realizing that the world's natural resources are limited and fragile, the Corporation considers environmental protection to be consistent with its overall goals and values and an important consideration in its total activities. This commitment to environmental protection is reflected in our policies, programs and practices for conducting operations in an environmentally as well as economically responsible manner.

Furthermore, the Corporation recognizes that effective environmental management can positively impact corporate profitability in several important ways. First, programs designed to make efficient use of natural resources often minimize operating costs. Second, environmental quality programs help sustain and enhance the Corporation's presence and reputation in domestic and international markets. Third, compliance programs minimize risk and potential legal liability.

In these ways and more, environmental protection is viewed by the Corporation as important to the economic well-being of the Corporation as well as to the sustainability of our natural resources and the well being of our communities.