Agrium, as a global producer and marketer of fertilizer and a retail supplier of agricultural products and services, is committed to protecting the quality of the environment in which it operates and ensuring the health and safety of our employees, customers and the public impacted by our operations, products and services; now and in the future.

This means:

Agrium will identify, assess and responsibly manage our environmental, health and safety risks through a comprehensive Environment, Health and Safety Management System that includes setting and monitoring the performance and achievement of objectives and targets;

Agrium will conduct every aspect of our business in conformance with applicable laws, regulations and industry standards. Where there are no legal or industry standards, we will use responsible practices to minimize environment, health and safety impacts;

Agrium will promote partnerships with employees, customers, governments and the communities in which we operate to encourage the responsible management and use of our products and services;

Agrium will ensure timely communication of our business activities and the risks associated with our operations to employees, customers, governments and the communities in which we operate;

Agrium will conduct formal audits, reviews and evaluations on all aspects of our business to ensure compliance with this policy and continually improve performance; and

Agrium will design, construct, operate and maintain our facilities in a responsible manner.

Michael M. Wilson
President and Chief Executive Officer
October, 2003