Calgary-based Enbridge, North America’s largest crude oil pipeline operator, has announced plans to drastically cut their greenhouse emissions by 35 percent by 2030 and to reach net zero by the year 2050.
Enbridge is one of a growing number of Canadian companies making the pledge to cut carbon emissions to zero by the year 2050. Other Canadian companies and organisations making similar pledges include the Canadian federal government, Teck Resources based in Vancouver and oil sands producer Cenovus Energy Inc.
In a recent press release, Enbridge President and Chief Executive Officer, Al Monaco is reported as saying, "sustainability is integral to our ability to safely and reliably deliver the energy people need and want". And he added that, "How well we perform as a steward of our environment, a safe operator of essential energy infrastructure and as a diverse and inclusive employer, is inextricably linked to our business success and our ability to create long-term value for all stakeholders.”
This recent announcement reinforces and confirms the company’s past strong environmental, social and governance policies and practices continuing into the future. No doubt, Enbridge’s commitment to net zero by mid-century will soon be followed by rival oil and gas pipeline operators.