Carbon Disclosure Project
Enbridge recognized by CDP for Climate Change Disclosure
On October 16, 2012, Enbridge was once again commended by the Carbon Disclosure Project (CDP) for our approach to the disclosure of climate change information. The CDP represents 655 institutional investors with $78 trillion in assets.
With this announcement, Enbridge has regained our listing on the CDP’s “Carbon Disclosure Leadership Index,” which highlights companies that have displayed a strong approach to information disclosure regarding climate change.
The index, compiled by Accenture on behalf of CDP, provides an evaluation tool for institutional investors and other stakeholders. In 2012 it consisted of 20 companies from the Canada 200 based on analysis of the responses to CDP’s questionnaire which focused on greenhouse gas emissions, emissions reduction targets and the risks and opportunities associated with climate change.
“Honest and transparent disclosure is important to all aspects of Enbridge’s CSR performance, and disclosure of our greenhouse gas emissions (GHG) and management plans are no exception,” said Paul Hunt, Enbridge’s Director of Sustainability and CSR. “I’d like to commend the members of Enbridge’s Climate Change Steering Committee for their ongoing work in GHG reporting, in particular, Tim Adamson for his leadership.”
“Companies that make the Carbon Disclosure Leadership Index have demonstrated strong internal data management practices for the measurement of greenhouse gas emissions and energy use,” said Paul Simpson, Chief Executive Office of CDP. “They are also giving clear consideration to the business issues related to climate change and their exposure to climate-related risks and opportunities. This is vital to realising greater efficiencies, protecting the business from risk and capitalizing on opportunities.”
The Canada 200 report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.
The Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP harnesses the power of market forces, including 655 institutional investors with assets of US$78 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and water risk and opportunity. CDP now holds the largest collection globally of primary climate change and water data and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdproject.net to find out more.