Enbridge Inc. Board Committees
The Board has five standing committees that support the Board in its duties and responsibilities. All committees are comprised entirely of independent directors.
Audit, Finance and Risk Committee
The Audit, Finance and Risk Committee fulfills public company audit committee obligations and assists the Board with oversight of:
- accounting and financial reporting processes, including internal controls;
- the integrity of financial statements;
- internal audit function;
- external auditors, including their qualifications and independence;
- compliance with financial and accounting legal and regulatory requirements; and
- the Company’s risk identification, assessment and management program, including matters related to cybersecurity and Artificial Intelligence.
Governance Committee
The Governance Committee fulfills public company nominating and corporate governance committee obligations and carries out responsibilities delegated by the Board related to corporate governance guidelines, policies, procedures and practices, including:
- the Company’s corporate governance principles and guidelines;
- Board composition, education, evaluation and succession, including director independence;
- indemnification and insurance programs for directors and officers;
- director compensation;
- the content of, and compliance with, the Statement on Business Conduct; and
- the division of duties among the Chair of the Board, directors, the President and Chief Executive Officer, and management.
Sustainability Committee
The Sustainability Committee provides oversight of sustainability matters and carries out the responsibilities delegated by the Board, including:
- the Company’s sustainability goals, policies, practices, performance and reporting
- actions the Company may take to advance corporate citizenship while supporting long-term business objectives;
- environmental, social, political and public policy trends, risks and opportunities that affect the Company’s strategy and performance; and
- communication, engagement and relationship-building with communities, stakeholders, decision makers and Indigenous Peoples.
The committee’s mandate covers climate and energy evolution, Indigenous rights and relationships, human rights, stakeholder engagement, community investment, public awareness of pipeline safety, and political contributions.
Safety and Reliability Committee
The Safety and Reliability Committee provides oversight of operational matters and carries out the responsibilities delegated by the Board related to safety and reliability, including:
- operational factors such as environment, health, safety, integrity management, security, and emergency response and preparedness;
- the Company’s safety culture;
- top operational risks, including identification, assessment and management;
- compliance with operational regulations and safety and reliability audits and assurance processes; and
- safety and reliability incidents, including management’s response.
Human Resources and Compensation Committee
The Human Resources and Compensation Committee fulfills public company compensation committee obligations and assists the Board by providing oversight and direction on human resources strategy, policies and programs, including:
- human capital management strategies, policies, practices and structures;
- compensation programs, including salary, benefits, incentive compensation, and clawback policies;
- talent management, succession planning, and workforce retention;
- senior management appointments and compensation (including oversight of compensation plans to avoid encouraging inappropriate or excessive risk-taking);
- identification and management of people-related risks; and
- conducting, together with the Chair of the Board, the annual CEO review and compensation processes.
