1. Enbridge's 2024 Sustainability Report highlights significant GHG emissions reductions. 2. Company reports a 23% decrease in work-related injuries among employees. 3. The report aligns with global sustainability standards and outlines climate-related risks. 4. Acquisition of U.S. natural gas utilities detailed in the report improves market position. 5. Ongoing commitment to Indigenous reconciliation is emphasized.
The significant reductions in emissions and improved safety records enhance Enbridge’s reputation and operational efficiency. Historical examples show companies demonstrating sustainability often see positive stock reactions, especially with growing investor interest in ESG factors.
The sustainability report reflects Enbridge's commitment to responsible operations, essential for long-term shareholder value, thereby indicating a moderate likelihood of impacting stock price.
Sustainability improvements are likely to attract long-term investments and enhance regulatory compliance. The ongoing commitment to environmental and social governance can sustain stock performance over time.
Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) published today its 2024 Sustainability Report and Datasheet, which provides an overview of the Company's sustainable business strategy.
"How well we perform as a safe operator of essential energy infrastructure, a steward of the environment and a responsible corporate citizen continues to be core to our mission to be North America's first-choice energy delivery company," said Pete Sheffield, Enbridge's Chief Sustainability Officer. "This year's Sustainability Report, our 24th in as many years, provides an update to stakeholders on our progress, the work that remains and Enbridge's unwavering commitment to continuous improvement."
The Sustainability Report and Datasheet were developed with reference to the Global Reporting Initiative (GRI) Universal Standards and GRI 11 Oil and Gas Sector Standard and make use of the Sustainability Accounting Standards Board (SASB) standards for Oil & Gas Midstream and Gas Utilities & Distributors.
Click to read the 2024 Sustainability Report and Datasheet.
At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com.
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SOURCE Enbridge Inc.