Enbridge’s sustainability strategy in action
Taking measurable steps, as a company, toward a lower-carbon future
We’re committed to leaving a smaller carbon footprint at Enbridge—and we’re doing it with multiple pairs of shoes.
As a North American leader delivering various sources of energy supply, we’re uniquely positioned to help bridge society’s transition to a lower-carbon future. That means leveraging all of our assets—renewable energy, natural gas and crude oil pipelines—to play a leadership role in climate change issues, while also satisfying the world’s growing energy demands.
“When we talk about energy sustainability, people . . . (may) think it’s just about renewable energy assets,” Karen Radford, Enbridge’s Executive Vice President of People, Planet and Partners, recently told Oilweek magazine.
“But we do energy sustainability in our oil pipelines, gas pipelines, and our renewable assets,” she adds, “because you need all three to make things work.”
(EDITOR'S NOTE: Ms. Radford was appointed Enbridge's Executive Vice President and Chief Transformation Officer on May 2, 2016.)
This week at the GLOBE 2016 Conference and Innovation Expo in Vancouver, from today through Friday, March 4, we’ll be participating in the sustainable business dialogue through the GLOBE Energy Connections presentation space at the GLOBE 2016 Innovation Expo, and various panel discussions at the GLOBE 2016 environmental business summit.
We recognize that climate change is a global issue, and our overall business strategy and our Enbridge Climate Policy act as road maps to transitioning our energy systems to a lower-carbon footprint over time.
We’ve invested nearly $5 billion in renewable power over the past decade, and we’re committed to doubling our green energy generating capacity by 2019. We’re also a major player in the transportation of natural gas—an abundant, low-cost “bridge” energy source that provides a lower-carbon alternative for electricity generation, and accelerates the growth of renewables by addressing intermittency issues. Our gas utility, Enbridge Gas Distribution, is consistently encouraging customers to reduce their gas consumption.
And our crude oil pipeline business is also an important element of our climate-based focus:
- We continue to pursue and apply new technologies that improve the safety and reliability of our pipelines, and advance environmental and climate performance;
- We use 95 percent recycled steel for our new pipelines, through our partnership with EVRAZ North America;
- The financial strength of our pipeline operations allows us to continue growing our investments in lower-carbon energy infrastructure.
Last year, Enbridge’s Chief Sustainability Officer, Linda Coady, was selected as an advisor on Alberta’s Climate Change Advisory Panel—a collaborative approach between industry, government and environmental organizations seeking common ground in responsible energy development.
Ms. Coady, recognizing that Enbridge bears a responsibility to address climate change that extends beyond regulatory compliance, is also shepherding through a new Enbridge Climate Policy. This policy will call for Enbridge to:
- Adopt multi-year plans and targets for carbon reduction and energy efficiency;
- Integrate climate risk into business development; and
- Integrate climate considerations into supply chain management.
“Our climate policy will guide Enbridge’s efforts for years to come as we play a leadership role in the transition to a low-carbon future,” says Ms. Coady.