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Overview
Enbridge Inc. is a multinational energy transportation company headquartered in Calgary, Alberta, Canada. It was founded in 1949 as Interprovincial Pipe Line Company, and has since grown to become one of North America's largest energy infrastructure companies. The company operates in two main segments: Liquid Pipelines and Gas Transmission and Midstream. Its Liquid Pipelines segment is responsible for the transportation of crude oil, natural gas liquids, and refined products through more than 17,000 miles of pipelines in Canada and the United States. The Gas Transmission and Midstream segment is involved in the transportation and storage of natural gas and other energy products, as well as the gathering, processing, and selling of natural gas in both Canada and the United States. Enbridge also has a renewable energy division, Enbridge Renewable Energy, which develops and operates wind, solar, and geothermal energy projects in Canada and the United States. The company has expanded its operations globally through partnerships and joint ventures, including in Mexico, Colombia, and the United Kingdom. Enbridge is committed to sustainability and has set a goal to achieve net-zero greenhouse gas emissions by 2050. It also has various environmental, social, and governance (ESG) initiatives in place, including responsible energy development and reducing its carbon footprint. In addition, Enbridge is actively involved in philanthropy and community initiatives through its Enbridge Foundation and partnerships with local organizations. It has also established a Supplier Diversity Program to promote and support diverse businesses. As of 2021, Enbridge has over 13,000 employees and had a revenue of approximately $43 billion. The company is listed on the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol ENB.
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