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CHAIR, CSR COMMITTEE OF THE BOARD
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Lou Hyndman, Chair, CSR Committee of the Board |
Dear Reader,
At Enbridge, we view CSR as part and parcel of who we
are as a company. We also view it as an essential way of
doing business if we are to deliver long-term value to
our shareholders.
Society is becoming more sophisticated in articulating
its expectations of the private sector. At Enbridge, we
welcome this trend as an essential source of information
about our long-term business environment, and of
new opportunities. We define CSR as: 1) conducting
business in a socially responsible and ethical manner;
2) protecting the environment and health and safety
of people; 3) supporting human rights; 4) engaging,
respecting and supporting the communities and cultures
with which we work. This precise definition may be new, but the
values upon which we based it have long characterized the people and
actions of Enbridge.
Last year, the mandate of the Board's Environment, Health and
Safety (EH&S) Committee was expanded to include responsibility
for human rights, community investment and stakeholder relations.
The role of Chair of this Committee is to give strategic oversight to
senior management on CSR issues.
You will also see our values rooted in Enbridge's Statement
on Business Conduct. The Statement provides a framework for
the company and its employees; it is a tool to help guide operations
and decisions as well as a reflection of our commitment to CSR.
It can be found at www.enbridge.com.
Buttressing our commitment to CSR is Enbridge's exemplary
record of corporate governance, a quality well recognized by our
peers. In 2004, GovernanceMetrics International, a corporate
governance research and ratings agency, rated Enbridge 9.5 out
of a possible 10, in a survey of over 2,000 companies.
This report reflects our ongoing work and progress on CSR.
I encourage you to read it carefully and to share with us any
questions, observations or suggestions you might have.
Sincerely,
Lou Hyndman
Chair
CSR Committee of the Board
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