Sunoco, Inc. (NYSE:SUN) announced today that it has issued its 2007
Health, Environment and Safety (HES) Report, marking the sixteenth
consecutive year that the company has publicly reported the results of
its performance. In 1993, Sunoco became the first Fortune 500 company to
endorse the Ceres Principles, a 10-point code of environmental conduct
that includes public reporting of environmental performance. Sunoco
believes that excellence in health, environment and safety goes
hand-in-hand with financial performance.
Key issues addressed in the report are HES Performance, which includes
environment and employee and contractor safety; governance; energy use
and climate change; product stewardship; security and business
continuity; workforce preparedness; and community engagement. The report
uses the Global Reporting Initiative Reporting Framework Version 3 or G3.
The report provides detailed HES performance data for Sunoco’s
business units and individual facilities, as well as corporate diversity
data. This year many of the stories and much of the performance data in
the web site report can be filtered by readers, enabling them to
determine what information they want to see and read. The report
includes anecdotes that highlight various company HES activities
including Sunoco’s involvement with Community
Advisory Panels (CAPs), reinforces the importance of training for
improving HES performance, and discusses challenges anticipated over the
next three to five years.
A detailed version of the 2007 Health, Environment and Safety Report, as
well as an 18-page summary, is available on Sunoco’s
Web site, www.sunocoinc.com.
Important features of the Web version can be found by accessing the “How
to Use This Report link” located at
the upper right of each Web page of the report.
Ceres, a unique coalition of institutional investors, environmental
organizations and public interest groups, is a worldwide leader in
standardized corporate environmental reporting through the Global
Reporting Initiative. Over 70 corporations have now joined with Sunoco
to endorse the Ceres Principles and work with Ceres to find concrete
solutions to environmental challenges.
Printed copies of the summary are available by contacting Sunoco at:
Telephone:
(215) 977-3101
Fax:
(215) 246-8001
E-mail:
HESReporting@sunocoinc.com
Sunoco, Inc., headquartered in Philadelphia, PA, is a leading
manufacturer and marketer of petroleum and petrochemical products. With
910,000 barrels per day of refining capacity, nearly 4,700 retail sites
selling gasoline and convenience items, approximately 5,500 miles of
crude oil and refined product owned and operated pipelines and 38
product terminals, Sunoco is one of the largest independent
refiner-marketers in the United States. Sunoco is a significant
manufacturer of petrochemicals with annual sales of approximately five
billion pounds, largely chemical intermediates used to make fibers,
plastics, film and resins. Using a unique, patented technology, Sunoco's
cokemaking facilities in the United States have the capacity to
manufacture over 2.5 million tons annually of high-quality
metallurgical-grade coke for use in the steel industry. Sunoco also is
the operator of, and has an equity interest in, a 1.7 million
tons-per-year cokemaking facility in Vitória,
Brazil.
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