Suncor invests in renewable energy sources and collaboratively advances new emissions-reducing technologies, including carbon capture and storage. As a responsible energy developer, we also continue to work with governments and other stakeholders on emerging public policy solutions aimed at finding the most effective ways to reduce global GHG emissions.

More than a decade ago, Suncor launched a comprehensive action plan that has reduced the carbon intensity of our business. We have already cut GHG emission intensity at our oil sands plant by approximately 45% compared to 1990 levels.

In 2009, we are reviewing our GHG strategy in light of stakeholder concerns and emerging government policies. The revised strategy will help Suncor identify and implement future levers and actions to address the future stakeholder concerns and policy requirements.

For the first time, we are making our annual Climate Change Report part of our broader Report on Sustainability. In this section, we provide an overview of our performance in 2008 as well as our major challenges and priorities going forward. We also include details on the performance of each of Suncor's business units.