Enbridge Named One of the World’s Most Sustainable Companies

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Enbridge Named One of the World’s Most Sustainable Companies

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Wednesday, January 23, 2013 - 9:45am

CONTENT: Press Release

CALGARY, Alberta, January 23, 2013 /3BL Media/ – Corporate Knights has again named Enbridge (TSX: ENB) (NYSE:ENB) to its Global 100 ranking of the Most Sustainable Corporations in the World, based on Enbridge’s economic, environmental and social performance in 2012.

This year is the fifth consecutive year that Enbridge has been included on the Global 100, which was recently recognized as one of the world’s most credible corporate sustainability ranking.

“Developing energy infrastructure in a sustainable way is important for Enbridge because it embodies what stakeholders expect and what we need to do to succeed in our business today,” said Al Monaco, Enbridge’s President and Chief Executive Officer. “We have implemented sustainability initiatives at every level of the company. Our particular emphasis is on achieving industry-leading performance across all critical safety, integrity management and environmental protection dimensions of our business.

“We’re committed to ensuring that every decision we make has the best possible impact on our stakeholders, the environment and the communities in which we live and work. We’re also committed to transparency of our CSR performance.”

Corporate Knights collected data for the Global 100 ranking primarily from Bloomberg and through direct engagement with the 350 companies that made the ranking’s shortlist, selected from a starting universe of about 4,000 global mid- and large-cap companies. The final ranking includes companies from 22 countries on six continents with a collective revenue of US$3 trillion and a workforce of nearly 5.3 million.

The Global 100, now in its ninth year, uses a two-step methodology. First, companies from the starting universe are screened according to their sustainability disclosure practices, financial health, product types and recent legal payouts. The companies that remain after the initial screen are then scored relative to their same-sector peers on a set of 12 key performance indicators (KPIs). A different suite of KPIs is used for companies in each sector, depending on industry reporting trends.

Enbridge’s inclusion on the Global 100 ranking is a distinguished addition to a growing list of awards and recognition that the company has received for its CSR performance. Among Enbridge’s other honours include being listed on the Dow Jones Sustainability Indices (World and North American), the Financial Times/ London Stock Exchange (FTSE4Good) and Corporate Knights Best 50 Corporate Citizens in Canada ranking.

The full results for the Global 100 ranking are available at http://global100.org/images/stories/global100_website_pdfs/pr_global_2013_final.pdf.


About Enbridge Inc.
Enbridge Inc. is a North American leader in delivering energy and one of the Global 100 Most Sustainable Corporations. As a transporter of energy, Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system. The Company also has a significant and growing involvement in natural gas gathering, transmission and midstream businesses, and an increasing involvement in power transmission. As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. As a generator of energy, Enbridge has interests in close to 1,000 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy, geothermal and hybrid fuel cells. Enbridge employs more than 10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers and one of Canada's Top 100 Employers for 2013. Enbridge is included on the 2012/2013 Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index and is also a constituent of the 2012/2013 FTSE4Good Index Series. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.

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Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. Although Enbridge believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, weather, economic conditions and commodity prices. You can find a discussion of those risks and uncertainties in our Canadian securities filings and American SEC filings. While Enbridge makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Except as may be required by applicable securities laws, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.


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Keywords: Reports | Corporate Social Responsibility | Enbridge | Global 100 | corporate knights | csr | environment | most sustainable corporations | social commitment | sustainability

CONTENT: Press Release