Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 172

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 172
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 the value of our existing assets. Additionally, potential new investments are evaluated to assess their alignment with our GHG emissions reduction goals.

We work closely with our customers and stakeholders to maintain a pulse on the pace of the energy transition and are actively leveraging our execution capabilities and sustainability leadership to advance our positioning as a differentiated energy provider. We regularly test our assets under various transition scenarios to assess the resiliency of our business.

STRATEGIC ENABLERS

To successfully execute on our strategy and build competitive advantage, we focus on maintaining leading-edge capabilities in sustainability, talent, technology, operations, development, and growth capabilities.

Sustainability and Environmental, Social and Governance

Sustainability is integral to our ability to deliver energy in a safe and reliable manner. How well we perform as a steward of our environment; as a safe operator of essential energy infrastructure; as an inclusive employer; and as a responsible corporate citizen is inextricably linked to our ability to achieve our strategic priorities and create long-term value for all our stakeholders.

14

In 2024, we published our 23rd annual Sustainability Report outlining our progress against our ESG goals1. In particular, we:

•achieved our goal to reduce the emissions intensity of our operations (Scope 1 and Scope 2) from our 2018 base level through modernization and innovation of our system, front of the meter renewables, and execution of additional renewable power PPAs;

•surpassed both of our Board composition goals, progressed our efforts to strengthen inclusion in our workforce to enhance our business, and empowered our workforce through employee resource groups1; 

•made progress towards our Indigenous Reconciliation Action plan, including meeting 12 of 22 commitments; and

•continued to drive improvements towards our goal of zero safety incidents and injuries and progressed implementation of robust cyber defense programs.

Since setting our ESG goals in 2020, we have made considerable progress integrating sustainability into our strategy, governance, operations, and decision-making. We have linked sustainability performance to incentive compensation and are making meaningful progress towards these goals by executing on our action plans.

We are undertaking the following additional actions in support of our ESG goals:

•proactively working with organizations that are advancing emissions measurement and reduction guidelines for the midstream sector;

•collaborating with key suppliers on emissions reduction plans; 

•further developing lower-carbon energy partnerships to drive innovation across our businesses, with a focus on renewable power, RNG, H2 and CCS; and

•continuing to advance our commitment to meaningful reconciliation