02:31:19 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,024,926,494
Close 2023-05-17 C$ 50.00
Market Cap C$ 101,246,324,700
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Enbridge releases ESG report

2023-05-18 10:11 ET - News Release

Mr. Pete Sheffield reports

ENBRIDGE PUBLISHES 22ND SUSTAINABILITY REPORT

Enbridge Inc. has published its 22nd annual sustainability report, providing stakeholders with details of progress made in environmental, social and governance (ESG) performance.

"In 2020, we set ambitious goals across all aspects of E, S and G, with clear pathways to achieving them," said Pete Sheffield, Enbridge vice-president and chief sustainability officer. "This year's report highlights progress against these goals, aligned with a sustainable growth strategy and our mission to be the first-choice provider of energy for our stakeholders."

The 2022 report includes:

  • A detailed overview of sources of methane emissions from Enbridge operations, along with company, industry and policy actions to better monitor and mitigate emissions;
  • Progress on the company's indigenous reconciliation action plan, released last September;
  • Engagement with key suppliers regarding their emission profiles, as well as sector-leading Scope 3 emissions disclosures;
  • Additional trade association policy reviews and lobbying disclosures, including specific climate-related lobbying report; and
  • An updated analysis, aligned with Task Force on Climate-Related Financial Disclosures, of Enbridge's businesses under different climate-related scenarios.

Enbridge is taking a practical approach to energy transitions in North America and around the world by providing the energy needed today, while simultaneously advancing solutions for a cleaner energy future.

"World events in 2022 were a powerful reminder that energy reliability, affordability and access remain critical considerations alongside climate," said Mr. Sheffield. "At Enbridge, we're focused on addressing all of these societal needs, and to fostering engagement, inclusion and awareness across communities and throughout the company. This year's report conveys our deep commitment to this mission."

The 2022 report is on-line and interactive and, for the second consecutive year, includes a user-friendly ESG dashboard.

About Enbridge Inc.

At Enbridge, the company safely connects millions of people to the energy they rely on every day, fuelling quality of life through its North American natural gas, oil or renewable power networks, and its growing European offshore wind portfolio. The company is investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on two decades of experience in renewable energy to advance new technologies including wind and solar power, hydrogen, renewable natural gas, and carbon capture and storage. The company is committed to reducing the carbon footprint of the energy it delivers, and to achieving net-zero greenhouse gas emissions by 2050. Enbridge is headquartered in Calgary, Alta.

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