Environmental Policy
Osprey in Nest Columbia Power Corporation (CPC) as Manager for the CPC and Columbia Basin Trust Energy Inc. (CBTE) joint venture projects is committed to developing and operating commercially viable, environmentally sound, electric power projects in the Columbia Basin Region.

The objective of CPC in making power project investments is to support the employment, economic development and resource management objectives of the Province of British Columbia and the Columbia Basin Trust.

In meeting this commitment CPC or our agents will:

(A) comply with all applicable environmental legislation, licences, permits and legal obligations and other voluntary environmental commitments made by CPC and CPC joint ventures;

(B) balance economic return with the commitment to environmental management and protection set out in the Columbia Basin Management Plan;

(C) make environmental considerations an integral part of our planning, project design, operating decisions and ongoing due diligence, and, where appropriate, set measurable environmental objectives and targets;

(D) take reasonable and practical steps to avoid the unauthorized release of pollutants to the environment;

(E) require that our employees or employees of our agents have the knowledge and skills necessary to conduct their work in a manner that complies with environmental laws and regulations and this Environmental Policy;

(F) monitor and continually improve the performance of our environmental management system and its procedures and management practices;

(G) communicate with employees, contractors, suppliers and stakeholders regarding our environmental policy and performance in an open manner;

(H) audit our environmental performance and report these results to the Board of Directors; and,

(I) where appropriate, participate in the development of environmental legislation and environmental protection strategies that are technically feasible, scientifically sound, financially practical and recognize existing rights.

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