In 2006, IPSCO facilities took part in a friendly safety competition that is based on reported accident statistics as well as a scored audit performance. Employees of Surrey coil processing (featured here), Montpelier steel and Blytheville tubular earned Best of Class honors in 2006.

IPSCO's Mobile Steelworks enlists the support of other local businesses and media each year to help Fill the Bus - a vital initiative that delivers essential classroom supplies to area public schools.

At IPSCO, we know that our investors' interests are best served by being sensitive to the impact of our business on society at large. That's why we have an unwavering commitment to good corporate citizenship. This commitment is reflected in comprehensive policies that guide and monitor our performance in all aspects of the Company's operations, including health and safety, community involvement and the environment.

As a member of both the American Iron and Steel Institute and the Canadian Steel Producers Association, IPSCO is also committed to specific industry-wide principles of sustainable development in making innovative products that answer society's needs in the most responsible manner possible. This commitment is aimed at improving the quality of life for all people, now and for generations to come, and placing the utmost value on the interdependence of environmental, social and economic aspects in all decision-making processes.

IPSCO is also an active member of the International Iron and Steel Institute, which introduced a comprehensive sustainability reporting process in 2005 that is based on 11 measurable sustainability indicators that track economic, environmental and social performance.

HEALTH, SAFETY AND PERFORMANCE
At IPSCO, we focus on safety first not just because it's the right thing to do but because it is simply not possible to sustain improvements in quality and productivity without a fundamentally safe working environment. IPSCO achieved record production and productivity in 2006 while experiencing the lowest lost time injury frequency rate in the Company's history - 0.09 cases per 200,000 hours worked. Over the past five years, IPSCO has reduced its total recordable injury frequency rate by 59% to 3.5 total cases per 200,000 hours worked. In 2006, this was 58% lower than the industry average of 8.3 cases per 200,000 hours worked.

ENVIRONMENTAL LEADERSHIP
At IPSCO, we recognize that sound environmental performance is in the best interest of our shareholders and the communities in which we operate. In fact, we were the first steel company in North America to successfully register all of its steel and tubular operations' Environmental Management Systems (EMSs) to the ISO 14001 Standard. Since 2002, IPSCO has invested millions of dollars in projects designed to minimize the impact of our operations on the environment.