Corporations redefining the Canadian standard for sustainability
Enbridge ranked No. 6 on 2017 edition of Best 50 Corporate Citizens in Canada
Canadian companies continue to raise the bar on sustainable business practices.
Enbridge continues to measure up.
Earlier this week, the 2017 edition of the Best 50 Corporate Citizens in Canada list was released, with Enbridge once again earning a Top-10 ranking—checking in at No. 6 overall.
For the third straight year, Enbridge topped all oil-and-gas industry rivals. This marks the 15th straight time that we’ve earned a spot on the Best 50 list, which has been released annually since 2002, and the fifth time in seven years that we’ve cracked the Top 10.
During the release of Enbridge’s 2016 CSR & Sustainability Report in April, Enbridge’s Chief Sustainability Officer Linda Coady noted that we’ve been working to establish second-generation targets for greenhouse gas (GHG) emissions reduction and energy efficiency across all of Enbridge’s business segments.
“We have expanded discussion of our policies, strategies and management systems that support the inclusion of local stakeholders and Indigenous communities in our projects and operations,” said Ms. Coady. “And we have expanded discussion of how we are integrating climate and energy considerations into our capital allocation and business strategy, and into our engagement with local communities.”
Corporate Knights, which also maintains the annual Global 100 Most Sustainable Corporations list, uses a transparent and objective approach to rate companies on the Best 50 list, with 14 key performance indicators that include:
- Energy, carbon, water and waste intensity;
- Innovation capacity;
- Leadership diversity;
- Safety performance; and
- Clean air productivity.
“The Best 50 Corporate Citizens define the Canadian standard for which companies are doing the most to advance a more fair and sustainable world,” says Corporate Knights CEO Toby Heaps.
In order to be eligible for Corporate Knights’ annual Best 50 index, companies must be headquartered in Canada, or listed on the Toronto Stock Exchange, with at least 2,000 employees and $2-billion in revenue in 2016.