Today 23% of Enbridge shareholders – equivalent to almost $25 billion – voted in favour of the shareholder proposal submitted by Investors for Paris Compliance (I4PC) regarding strengthening the company’s net zero commitment. More background on the proposal can be found here and on why we filed this proposal here.
Statement by Duncan Kenyon, Director of Corporate Engagement with I4PC:
“We’re pleased that over a quarter of Enbridge’s investors agree that the company’s net zero plans fall short. This proves that there is more work to ensure Enbridge and others in the Canadian oil and gas sector have credible science-based net zero commitments.”