Putting sustainability leadership into action
Enbridge rises to No. 12 on Newsweek Green Rankings, No. 5 on Best 50 Corporate Citizens in Canada
Our purpose at Enbridge is simple. We connect people to the energy they need—and we’re focused on doing it safely, reliably and sustainably.
In recent days, Enbridge has been recognized—within Canada, and internationally—for the ongoing sustainability initiatives driving change within our company. Last Friday, Enbridge rose to No. 12 overall on the annual Newsweek Green Rankings global 500 list, checking in as the highest-ranked energy company as well as the top-rated Canadian business.
And today, Enbridge was named to the Best 50 Corporate Citizens in Canada list for the 14th straight year, topping the energy industry with a No. 5 overall ranking.
Both rankings are based on research conducted by Corporate Knights, an independent Canadian media company focused on clean capitalism that also maintains the annual Global 100 Most Sustainable Corporations list.
“We’re working hard at Enbridge to meet society’s need for secure energy supply, while at the same time reducing emissions, creating efficiencies and publicly disclosing our progress,” says Linda Coady, chief sustainability officer at Enbridge.
“Strong showings on this year’s Newsweek Green Rankings and Best 50 Corporate Citizens in Canada lists tell us that our efforts in the area of sustainability are being noticed.”
In the past two years, Enbridge has charted a rapid rise through the global 500 index of the Newsweek Green Rankings, moving from No. 272 in 2014 to No. 129 in 2015 to 12th this year.
The Newsweek Green Rankings use independent research by Corporate Knights Capital and HIP (Human Impact + Profit) Investor Inc. They’re based on eight criteria that cut across all industries, and at the same time judge companies against their industry peers.
These criteria include energy, greenhouse gas (GHG) and water productivity, a green revenue score and combined waste productivity.
The Best 50 Corporate Citizens in Canada list, meanwhile, uses a transparent and objective methodology, with 15 key performance indicators covering resource, employee, and financial management—including innovation capacity, safety performance, pension fund status, leadership diversity, and energy, carbon, water and waste productivity.
Companies on the annual Best 50 index must be headquartered in Canada, or listed on the Toronto Stock Exchange, with at least 2,000 employees and $2-billion in revenue.
“The Newsweek Green Rankings and the Best 50 Corporate Citizens in Canada index are more rigorous every year,” says Ms. Coady. “It’s gratifying to know that our work in this area is recognized by the organizers of such meaningful annual assessments.”