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Home > About IPSCO > Corporate Citizen
IPSCO believes that being
a good corporate citizen is a good investment for its shareholders.
At IPSCO being a good corporate
citizen first and foremost means being a good neighbor. This is reflected
in support for community activities and a pro-active response to environmental
issues.
For many years now, IPSCO has supported charitable endeavors in all the communities
where the Company has operations by committing 1.5 percent of annual after-tax profits
averaged over the previous three years for charitable donations.
IPSCO's donations program emphasizes local initiatives that are
often neglected by larger firms but more broadly based charities are
not forgotten. Employee committees at each IPSCO location
are responsible for recommending specific grants.
It’s not just the Company that has been generous but also our employees.
Some recent examples of combined Company/employee generosity are as follows:
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$260 thousand raised for the various United Way Campaigns in the communities in which we operate; |
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$120 thousand for the South Asian Tsunami relief effort; and |
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$60 thousand to provide relief support in the communities near our Alabama Steelworks most affected by Hurricane Ivan. |
IPSCO also had a huge impact in the education system in Alabama in 2004 contributing just over $100 thousand to partner schools in the area.
These are only a few of the initiatives undertaken over the past year and demonstrate the generosity and character of IPSCO employees.
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At its steelworks in Regina, a wheelchair accessible wildlife park with buffalo, deer, elk and waterfowl is
open to the public every day. In the summer a pool, spray pad, playground, kiddie train, picnic
facilities, and petting zoo are also available to the public. This is a service provided
free to the community.
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IPSCO established an annual essay contest in August 2000 to honor the memory of Mr.
W.M. Elliott, who served as an IPSCO Board member from 1966 to 1992, and as Chairman of the IPSCO Board from 1986 to 1992, and former
Senator Dr. E.W.
Barootes, who served as an IPSCO Board member from 1982 to 1989.
Saskatchewan students
are asked to write a 250-word essay in either official
language on the importance of National Unity in Canada. Five winners
each receive a $2,000 CDN scholarship to be applied to university or
college tuition.
These scholarships are granted in
addition to the scholarships provided to students in Saskatchewan
and Iowa on an annual basis.
IPSCO Foundation for Education was established in 2004. It is a non-profit corporation devoted to the advancement of public education in Alabama. Read about
the Fill
The Bus Campaign.
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