The climate conversation is changing. Enbridge is changing along with it.
Over the past year, we held extensive discussions on Enbridge’s role in a lower-carbon future—our challenges related to climate change as an energy transportation leader, and how we’re prepared to respond to new climate risks and opportunities.
One result of these discussions is Enbridge’s updated company-wide climate policy, which was announced Thursday as part of Enbridge’s 2015 Corporate Social Responsibility (CSR) & Sustainability Report.
“2015 was a pivotal year for the energy industry, and one in which the connection between energy, environment and the economy came into even sharper focus,” says Enbridge Inc. president and CEO Al Monaco.
Enbridge’s ability to understand the connections between energy market fundamentals, low oil and natural gas prices, public expectations, and plans for climate action, adds Mr. Monaco, “is critical to our ability to ensure the long-term sustainability of our business.”
Our 2015 CSR & Sustainability Report, like its 12 annual predecessors, contains detailed information on how Enbridge is applying sustainable development principles and practices in multiple focus areas—from research and innovation to business ethics to environment and land management.
Among the highlights of our 2015 CSR & Sustainability Report:
As for Enbridge’s role in a lower-carbon future, our updated climate policy recognizes that the world must find new ways to meet increasing demand for energy from a growing global population, while limiting the greenhouse gas (GHG) emissions that cause climate change. Our updated policy commits us to:
“As a company with businesses that span the energy spectrum, from oil pipelines to natural gas distribution and processing to renewable energy and transmission, we believe we are uniquely positioned to contribute to advancing energy diversification while ensuring energy supply,” says Mr. Monaco.
In 2015, Linda Coady, Enbridge’s Chief Sustainability Officer, served as an advisor on Alberta’s Climate Change Advisory Panel—which provided recommendations to the Alberta government for reducing the province’s greenhouse gas (GHG) emissions.
“My experience on the panel,” says Ms. Coady, “indelibly impressed upon me the broad range of opportunities available to companies, communities and individuals interested in acting on climate issues.”
More information on the 2015 CSR & Sustainability Report, including our strategic priorities and 2015 performance, can be found online.