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Integrated Approach to Sustainability Yields Progress on ESG Goals

Enbridge releases 2023 Sustainability Report on environmental, social and governance priorities ...

Enbridge Inc.May 20, 20244
Integrated Approach to Sustainability Yields Progress on ESG Goals

About this update from Enbridge Inc.

Integrated Approach to Sustainability Yields Progress on ESG GoalsEnbridge releases 2023 Sustainability Report on environmental, social and governance prioritiesNORTHAMPTON, MA / ACCESSWIRE / May 20, 2024 / We published Enbridge's 23rd Sustainability Report, which details the solid progress we're making towards environmental, social and governance (ESG) goals."Every day, we strive to be the first-choice energy delivery company in North America and beyond-for customers, communities, investors, regulators, policymakers and employees," say Enbridge President and CEO Greg Ebel and Board of Directors Chair Pamela Carter in a message to readers. "We're proud of our strong record of governance and longstanding sustainability leadership and we remain focused on achieving the ambitious environmental, social and governance goals we set in 2020."At Enbridge, we're proud of our ESG practices and performance and we're working diligently to deliver energy in a more planet-friendly way, everywhere people need it. The 2023 Sustainability Report outlines our solid progress on emissions reductions; safety performance; advancing Indigenous reconciliation and our work to build a more diverse and inclusive workforce."Across Enbridge, our employees are advancing a sustainable business strategy," says Pete Sheffield, Enbridge Chief Sustainability Officer and Vice President, External Affairs U.S. "We've set ambitious goals that align our teams in common-purpose and shared accountability to deliver the best possible solutions for a broad set of stakeholders."Our 2023 Sustainability Report highlights:Environmental GoalsEmissionsAchieved a 37% reduction in GHG emissions intensity and a 20% reduction in absolute GHG emissions from our 2018 baseline.Reduced methane emissions in the Company's natural gas operations by 40% from the 2018 baseline.Continued our robust GHG emissions disclosures, expanding the categories of Scope 3 emissions on which we report and enhancing the transparency of Scope 3 emissions reporting.Provided an updated analysis of Enbridge's business under different climate-related scenarios, in alignment with the Task Force on Climate-related Financial Disclosures (TCFD).Social GoalsSafetyAchieved a 16% reduction in work-related injuries and safety incidents among employees and contractors, surpassing Enbridge's goal of achieving a 10% safety improvement over the pre...

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