At Enbridge, we take the broad, integrative approach to corporate
social responsibility. In our policies, decisions and operations, we
strive to create economic, environmental and social value.
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2004 ECONOMIC
HIGHLIGHTS
- recording earnings of
$645.3 million ($3.86 per
common share), compared
with $667.2 million
($4.03 per share) in 2003
- achieving adjusted operating
earnings of $508.4 million
($3.04 per share), 8% higher
than the previous year
- paying $316 million to
investors as dividends,
up 11% from the previous year
- expanding Enbridge's
continental reach to tap
energy opportunities in the
Gulf of Mexico, Texas and
Northern Canada
- being ranked one of the world's
top sustainable companies at
the World Economic Forum in
Davos, Switzerland
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2004 ENVIRONMENTAL
HIGHLIGHTS
- reducing greenhouse gas
emission intensity in our
Canadian operations to
23% below 1990 levels
- taking innovative steps in
our U.S. Natural Gas Business
to reduce the loss of methane
in gathering pipelines
- investing in the 30 MW
Magrath wind power project
in southern Alberta
- saving about 74 million
cubic metres of natural
gas (enough to supply more
than 25,000 homes for a
year) through Enbridge Gas
Distribution's demand-side
management programs
- carrying out more than 780
pipeline integrity digs along
our Liquids Pipelines system in
Canada and the United States
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2004 SOCIAL
HIGHLIGHTS
- improving our overall days
away injury rate to 0.29
incidents per 200,000 hours
worked, slightly better than
our performance in 2003
and 70% better than our
performance in 2000
- conducting our first companywide
employee survey (results
from the survey showed that
70% of employees rate
Enbridge as one of the best
places to work)
- increasing our investments in
local charitable and non-profit
organizations to $4.2 million,
up 20% from the previous year
- carrying out major public consultation
programs to support
our project plans in Northern
Canada, Alberta, British
Columbia, Quebec and Texas
- contacting more than 590,000
stakeholders in Canada and the
United States through public
awareness programs designed
to enhance awareness of
our pipelines and our
company's reputation
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