CP's Approach to Corporate and Social Responsibility Reporting

Canadian Pacific is committed to providing safe and environmentally responsible transportation solutions. CP's approach as a freight carrier, employer and community partner reflects a steadfast dedication to safety, efficiency and fairness. Sound and socially responsible practices are fundamental to a successful future.

This is CP's sixth annual Corporate Social Responsibility Report. CP's intention is to:

• provide the results of and insight into its environmental protection initiatives
• build on its safety culture and leadership
• contribute as a partner to the well-being of the communities in which it operates

Throughout this report, CP references the Sustainability Reporting Guidelines of the Global Reporting Initiative, whose mission is to develop voluntary, globally applicable guidelines for reporting on the economic, environmental and social dimensions of an organization’s activities, products and services.

Whether you are a customer, supplier, employee, financial analyst, public official, community representative or simply an interested observer, CP encourages you to use this report as a reference tool to help you understand how CP does business.

Please note that, unless otherwise specified, all monetary references in this report are expressed in Canadian dollars.

If you have suggestions or questions about our social responsibility performance or reporting, we would like to hear from you.