Enbridge Inc

In conjunction with this report, we have updated and enhanced our Climate Lobbying Report. The expanded report provides greater transparency about our how our lobbying activities align with the goals of the Paris Agreement, describes our approach to climate lobbying, and provides a clear framework that addresses any misalignment between the climate positions of trade associations we are members of and the goals of the Paris Agreement. [...] Importantly, this year's Report also includes an update on the Company's Scope 3 emissions engagement with key suppliers; a deeper look at our efforts to drive down methane emissions from operations; and more detail around direct and indirect climate lobbying and the steps taken to ensure alignment with our net-zero ambitions and the goals of the Paris Agreement. [...] Enbridge engages in government, regulatory and public policy processes in the jurisdictions where we operate. The goal of this engagement is to contribute to the development of responsible public policies and regulatory processes that support our enterprise-wide strategic priorities. We also participate in consultations, workshops, hearings, working groups and conferences to help advance sound public policy in areas such as tax, safety and low-carbon development. As we go about this work, we adhere closely to all applicable laws and ethical obligations as well as our own Political Contributions Policy. We file lobbying reports with the Office of the Commissioner of Lobbying in Canada, the U.S. Congress and state, provincial and municipal agencies. [...] Enbridge belongs to trade associations that offer opportunities to collaborate on issues important to us and our industry. It is important we are transparent on our positions to ensure we continue to have constructive relationships with our associations. In 2023, we conducted a review of how eight key trade associations' climate-related activities and positions align with ours. As a result of this review, we found one that we deemed to be partially aligned and no misalignments. Results of our detailed Climate Lobbying Report assessment can be found here.

Our senior managers and corporate subject-matter experts provide regular briefings to the Sustainability Committee of our Board on climate-related issues and developments. These briefings are also informed by targeted outreach to key external stakeholders and decision makers on climate issues, including government policy makers, financial institutions, independent think tanks, customers, innovators and social and environmental non-government organizations. [...] Management is also accountable for oversight and execution of our reporting and disclosure on climate issues. This includes setting performance metrics and goals and engaging in special initiatives, such as development of this report, for advancing our practices and transparency on how we are preserving and building the value of our business during the shift to a lower emission economy.

Achieving emissions reductions in line with IPCC objectives requires a tremendous amount of cooperation. We're committed to supporting and advocating for policies that support our climate position and the energy transition. To that end, we participate in constructive dialogues across North America aimed at developing lasting energy and climate solutions. We're focused on developing new partnerships aimed at enabling this transition. To achieve our net zero goal, we need ongoing collaboration with a broad range of partners inside and outside of the energy sector. We also need to be deliberate about our work with trade associations to advance climate goals. In early 2021, we conducted a review of how key trade associations' climate positions align with ours. The findings are presented in this report.

We also reviewed and approved an updated Political Contributions Policy to further align participation in the political process to the Company's core values. [...] Enbridge is engaged in political, regulatory and public policy processes in the jurisdictions where we operate, with a view to contributing to the development of responsible public policies and regulatory processes relevant to our business. In accordance with the letter and spirit of applicable laws and ethical obligations, we directly engage policymakers, and participate in consultations, workshops, hearings, working groups and conferences. We file lobbying reports with the Office of the Commissioner of Lobbying in Canada, the U.S. Congress and state, provincial and municipal agencies. [...] Our energy advocacy priorities include support for our assets and projects; pipeline safety, security and reliability; regulatory certainty and stability; fiscal, tax and trade policy; climate change, energy transition and innovation; and engagement and economic inclusion of Indigenous peoples.

###### Review methodology

This report details how Enbridge's climate change and energy
transition positions relate to the positions taken by eight key trade
associations. While we consistently review our membership in
trade associations, 2021 marks the first year that we conducted
detailed analysis of key trade associations' climate positions
against our own.

Our review began with an internal discussion about the appropriate
criteria to employ in this exercise. Ultimately, two criteria were
selected for determining which trade associations were to be
covered by this review: (1) associations to which we pay $50,000
or more in dues; and (2) associations that are active in climaterelated policy discussions. Our methodology involved reviewing
current policy statements, publicly available information and
submissions to determine each association's climate positions.
We then compared these against Enbridge positions to determine
whether sufficient alignment exists to justify continued support for
the specific trade association.

The views and conclusions in this review are those of Enbridge
and where specific policy positions were not publicly available,
we made reasonable interpretations and judgements to arrive at
our conclusions.

###### Ongoing efforts

This review represents another step in the process of continuing
to engage with trade associations on climate-related policy
issues. We are committed to continuing to actively monitor our
memberships, participation, and alignment. We will provide material
[updates to our stakeholders in our annual sustainability report,](https://www.enbridge.com/sustainabilityreport)
as appropriate.

### Governance and climate-related lobbying

Enbridge's lobbying activities are guided by our company's values of safety, integrity, respect and inclusion. Our advocacy is focused on ensuring we transport energy safely, reliably and sustainably. Our lobbying activities support the transition to a lower-carbon economy and our net-zero commitment serves as a guidepost. Our advocacy efforts reinforce this commitment and are consistent with the Paris Agreement.

Enbridge engages in political, regulatory and public policy processes in the jurisdictions where we operate. Our climate lobbying efforts focus on contributing to the development of responsible public policies and regulatory processes, including:

##### • Supporting provisions in the U.S. Inflation Reduction Act that support investment in carbon capture and storage, hydrogen, RNG, wind and solar production.

##### • Stressing the importance of permitting reform in the U.S. to allow for advancement of energy infrastructure in a timely and predictable manner.

##### • Advocating for pipeline safety modernization efforts at the Pipeline and Hazardous Materials Safety Administration, including updates to existing class location requirements that would avoid methane emissions and community impacts.

##### • Emphasizing policy and regulatory predictability and harmonization across the U.S. and Canada.

We are committed to supporting the development of responsible public policy in the energy infrastructure industry. We work with various trade associations on a variety of public policy issues that may impact our Company.

The Board of Directors reviews and approves the Company's strategic plan and oversees its implementation, including energy transition and progress toward our net-zero goals. The Board and the Sustainability Committee also have stewardship over political lobbying activities, providing oversight on our approach and ensuring alignment with the Company's interests and strategic priorities, [in accordance with our values, Political Contributions Policy and](https://www.enbridge.com/~/media/Enb/Documents/Investor-Relations/CorporateGovernance/ENB_Political_Contributions_Policy.pdf) [Statement on Business Conduct.](https://www.enbridge.com/~/media/Enb/Documents/Governance/CG_Statement_on_Business_Conduct_EN.pdf)

[Our annual Sustainability Report lists the trade organizations to](https://www.enbridge.com/~/media/Enb/Documents/Reports/Sustainability-Report-2022/Enbridge_SR_2022.pdf?rev=13e4d6bf3518467ba1e454b908e54533&hash=75F9B6D5E1056F7680A9F146AD9EE666) which we contributed C$50,000 or US$50,000 in membership dues. In all jurisdictions where Enbridge operates and where we are registered to lobby we disclose links to the websites where our lobbying reports are filed, so that stakeholders can independently [review our activity. These links can be found in our Political](https://www.enbridge.com/~/media/Enb/Documents/Investor-Relations/CorporateGovernance/ENB_Political_Contributions_Policy.pdf?rev=ed452c158bd948e9acccf71b01b97148&hash=8815DC6E8AF343F67401D4410DE74CA5) [Contributions Policy.](https://www.enbridge.com/~/media/Enb/Documents/Investor-Relations/CorporateGovernance/ENB_Political_Contributions_Policy.pdf?rev=ed452c158bd948e9acccf71b01b97148&hash=8815DC6E8AF343F67401D4410DE74CA5)

- reviewed and approved updated Political Contributions Policy; [...] - discussed and approved the corporate risk assessment report as it pertains to the Committee's oversight with respect to risk management in sustainability areas; [...] - received quarterly updates on key environmental, social, political and public policy issues, impacts, risks and trends of consequence to our businesses; [...] - received management's reports on regulatory issues and compliance as well as government relations activities; [...] - reviewed and approved the corporate risk assessment report as it pertains to the Committee's oversight with respect to risk management in sustainability areas; [...] - received management's reports on regulatory issues and compliance as well as government relations activities; [...] - reviewed and approved updated Political Contributions Policy.

Oversight of sustainability and ESG matters, including climate, is fully integrated into the responsibilities of the Board and its five standing committees, all of which are comprised entirely of independent directors. The Sustainability Committee and the Safety and Reliability Committee (S&R Committee) have primary oversight of Enbridge's strategies and performance related to climate-related risks and opportunities. **Sustainability Committee** The Sustainability Committee has oversight of sustainability matters, including the Company's sustainability and ESG goals, policies and practices, performance and reporting (including with respect to GHG emissions). Specific policies that the Committee oversees include Enbridge's Climate Policy and Sustainability Policy. The Committee also has oversight of environmental, social, political and public policy trends, risks and opportunities that affect the Company's business strategy and performance, including those related to climate change and the energy transition—as well as the Company's priorities, policies, programs and processes related to these topics. Other matters within the Committee's mandate include Indigenous rights and relationships, human rights, and community and stakeholder engagement. The Sustainability Committee also monitors developments related to climate change and how Enbridge is responding to new regulatory and market dynamics on climate and energy transition issues, including the implications of provincial, state and federal policies in the U.S. and Canada regarding GHG emissions reduction, clean electricity standards, methane emissions, and new energy technologies including renewable natural gas (RNG), carbon capture and storage (CCS) and hydrogen. In 2023, the Committee provided feedback to management regarding key regulatory developments with implications for energy transition, including the Inflation Reduction Act in the U.S. and the federal budget in Canada. The Sustainability Committee met four times in 2023. For more information about the Sustainability Committee's mandate and activities, please see the "Report of the Sustainability Committee" on pp. 58–59 of the 2024 Management Information Circular and its Terms of Reference. **Safety and Reliability Committee** The S&R Committee's responsibilities include oversight of operational matters, including environment, health, safety, pipeline and facility integrity management, security (physical, data and cyber), emergency response preparedness, and other operational risks, including those relating to climate. The S&R Committee is responsible for overseeing the Company's policies directed at preventing and minimizing adverse environment, health and safety impacts, which may include GHG emissions and the potential physical impacts of climate change on the Company's assets. The S&R Committee met four times in 2023. For more information about the S&R Committee's mandate and activities, please see the "Report of the Safety and Reliability Committee" on pp. 61–62 of the 2024 Management Information Circular and its Terms of Reference. **Other committees** Our other Board Committees also provide oversight of specific sustainability and ESG-related topics. For example, the Audit, Finance and Risk Committee oversees the integrity of financial statements and other public disclosures containing financial information, the Corporate Risk Assessment (which includes the identification, assessment and management of enterprise risks) and sustainability-linked financing. The Human Resources and Compensation Committee oversees workforce engagement, diversity, equity and inclusion, and the alignment of executive and employee incentive compensation to our ESG goals. Finally, the Governance Committee oversees Board composition and succession planning, as well as Board shareholder engagement and corporate governance. For more information on the sustainability and ESG-related responsibilities of our Board committees, including those related to climate-related risks and opportunities, please see the Sustainability and ESG governance section on p. 66 of the 2023 Sustainability Report.

The Audit, Finance and Risk Committee fulfills public company audit committee obligations and assists the Board with oversight of the integrity of the company's financial statements; the company's compliance with legal and regulatory requirements; the independent auditor's qualifications and independence; and the performance of the company's internal audit function and external auditors. The committee also assists the Board with the company's risk identification, assessment and management program. The full mandate and responsibilities can be found in the Terms of Reference for the Audit, Finance and Risk Committee and are available on our website at enbridge.com. [...] The Audit, Finance and Risk Committee meets in-camera without management present with the Chief Audit Executive of Internal Audit and the Chief Compliance Officer as well as with the external auditors. The committee also has meetings in camera without management present with the Chief Financial Officer and on its own at the end of each meeting. [...] Before each meeting, the chair of the committee met with the Chief Financial Officer to discuss the agenda items for the meeting and any significant issues. The chair also met with the senior partner of the external auditors assigned to Enbridge's audit and the Chief Audit Executive of Internal Audit before each meeting. [...] reviewed management's reports on evolving issues and trends.

additional trade association policy reviews and lobbying disclosures, including a specific **climate-related lobbying report**.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Our direct and indirect activities that influence policy are guided by our Corporate Climate Policy, Statement on Business Conduct and our Political Contributions Policy that outlines our political engagement philosophy. These policies help to ensure that Enbridge maintains a consistent approach across the entire business to engagement with policymakers and trade organizations. Enbridge's ethics and compliance program assures our adherence with our company policies through ongoing communication, training, monitoring and enforcement. Enbridge participates in the democratic process while adhering to all applicable laws in Canada and the United States. We track and analyze proposed legislation so that we may advocate the company's position when necessary. In doing so, we engage with governments at the state, provincial and federal levels in Canada and the U.S.

Enbridge participates in various trade associations through membership, leadership positions and participation on committees. We advocate for energy infrastructure by lending our collective voice, resources, knowledge and influence to encourage an efficient and supportive regulatory and business environment. While our positions may not always align with our trade associations, we find real value in the opportunity to influence policy positions. Trade associations help make our voice heard with regulators and policymakers on critical topics such as climate change. We support the goals of the Paris Agreement and advocate for efficient and effective public policies designed to reduce emissions.

We also are keenly focused on communicating the benefits that our industry brings to the economy and to the community through job creation, contributions to the tax base, and by connecting new supplies of reliable, affordable and low carbon energy sources to markets.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

Trade Association Climate Review

June 2021

Executive summary

Executive summary

Enbridge maintains membership in trade associations for two primary reasons: (1) to inform the development of sound public policy, including legislative and regulatory processes relevant to our business; and (2) to benefit from – and contribute to – sharing of best practices relating to the establishment of technical and industry standards.

Enbridge is committed to taking a leadership role in the transition to a lower-emission economy. We believe that the world must find new ways to meet global energy demand while reducing global greenhouse gas (GHG) emissions. As a leading energy infrastructure company, we have a responsibility to help address climate change. That is why we established new GHG emissions reduction goals aligned with the aspirations of the Paris Agreement and the guidance of the Intergovernmental Panel on Climate Change (IPCC). It is also why we have conducted this analysis to determine whether the positions held by our trade associations align with Enbridge's climate-related policies. While our positions may not always align with our trade associations, we find real value in the opportunity to influence policy positions. Trade associations help make our voice heard with regulators and policymakers on critical topics such as climate change. We understand the positions reflect a compromise of the assorted views of the membership and our priority is to work to influence within our trade associations.

In late 2020, Enbridge announced plans to reduce the intensity of GHG emissions from our operations by 35% by 2030 and achieve net-zero emissions from our business by 2050. To meet our 2030 emission targets and our 2050 net-zero ambition, we have set out pathways that are strongly aligned and embedded in our strategy and business plans. These include: (1) modernization and innovation applied to existing infrasture to reduce emissions intensity; (2) building and operating solar self-power generation facilities and procuring more low carbon electricity; (3) purchasing offsets and carbon credits; and (4) investing in and deploying innovative technologies, such as hydrogen, renewable natural gas, carbon capture utilization and sequestration to address climate change. We also have a large North American wind and solar power footprint, with a growing offshore wind energy presence in Europe. We support the goals of the Paris Agreement and advocate for efficient and effective public policies designed to reduce emissions.

Enbridge Inc.

Review methodology

This report details how Enbridge's climate change and energy transition positions relate to the positions taken by eight key trade associations. While we consistently review our membership in trade associations, 2021 marks the first year that we conducted detailed analysis of key trade associations' climate positions against our own.

Our review began with an internal discussion about the appropriate criteria to employ in this exercise. Ultimately, two criteria were selected for determining which trade associations were to be covered by this review: (1) associations to which we pay $50,000 or more in dues; and (2) associations that are active in climate-related policy discussions. Our methodology involved reviewing current policy statements, publicly available information and submissions to determine each association's climate positions. We then compared these against Enbridge positions to determine whether sufficient alignment exists to justify continued support for the specific trade association.

The views and conclusions in this review are those of Enbridge and where specific policy positions were not publicly available, we made reasonable interpretations and judgements to arrive at our conclusions.

Ongoing efforts

This review represents another step in the process of continuing to engage with trade associations on climate-related policy issues. We are committed to continuing to actively monitor our memberships, participation, and alignment. We will provide material updates to our stakeholders in our annual sustainability report, as appropriate.

Trade Associaton Climate Review 2

American Clean Power Association (ACP)

Launched in January 2021, ACP represents the renewable energy industry in the U.S. and is focused on championing policies that will transform the U.S. power grid to a low-cost, reliable and renewable power system. ACP was created when the American Wind Energy Association, the largest wind trade group in the U.S., broadened its mission to include other sources of renewable energy.

ACP mission statement

By uniting the power of wind, solar, transmission and storage companies and their allied industries, both public and private, we are championing policies that enable the continued and aggressive growth in renewable energy in the United States.

Engagement and alignment

Enbridge is represented on the board of directors by our Senior Vice President, Strategy and Power, and has representatives on various policy committees. The board was announced in March 2021. Enbridge has a growing renewables portfolio and we will use our membership to shape and advance ACP's policy agenda to ensure alignment.

Enbridge Inc.

American Gas Association (AGA)

AGA represents companies delivering natural gas safely, reliably, and in an environmentally responsible way to help improve the quality of life for their customers.

AGA climate position

AGA is committed to reducing GHG emissions through smart innovation, new and modernized infrastructure, and advanced technologies that maintain reliable, resilient, and affordable energy service choices for consumers.

Engagement and alignment

Enbridge is not represented on the board of directors but participates in a variety of technical and policy committees.

Enbridge derives benefit from the exchange of information and views on safety, legislation, sustainability and other technical and policy issues at various levels within the organization. Enbridge is aligned with AGA in climate-related policy positions and continues to remain engaged.

Trade Associaton Climate Review 3

American Petroleum Institute (API)

API represents members from across all segments of the natural gas and oil industry in the U.S. API's mission is to promote safety across the industry globally and to influence public policy in support of a strong, viable U.S. natural gas and oil industry.

API climate position

API and its members commit to delivering solutions that reduce the risks of climate change while meeting society's growing energy needs. We support global action that drives GHG emissions reduction and economic development.

The natural gas and oil industry plays a vital role in advancing human and economic prosperity that is essential to extending the benefits of modern life. One way the industry accomplishes this is by developing and deploying technologies and products that continue to reduce GHG emissions.

Engagement and alignment

Enbridge's President and CEO is a member of the board of directors and executive committee and company representatives participate on various policy and technical committees.

In 2021 API released its Climate Action Framework and adopted climate positions more closely aligned with Enbridge. Like Enbridge, API supports the ambitions of the Paris Agreement and endorsing a carbon price policy.

The Company recognizes the broader value of membership and we will work to influence climate-related policy details as the framework evolves.

Enbridge Inc.

Business Council of Canada (BCC)

Drawing on the experiences and expertise of membership, BCC provides unique insights, data-driven policy recommendations and in-depth analysis across a broad range of economic and social issues.

BCC climate position

Developing and promoting effective policies that reduce pollution and the environmental footprint of Canadian businesses, communities and citizens. Canadian industry is committed to the fight against climate change. To contribute innovative and lasting solutions, companies need a road map that provides clarity and predictability, anchored in a sound economic competitiveness framework.

Engagement and alignment

Enbridge's President and CEO joined the Board in June 2021.

Most recently, the BCC released its third policy paper Clean Growth 3.0 Achieving Canadian Prosperity in a Net Zero World. Smart public policy can ensure a healthy postCOVID recovery that creates jobs, builds strong and resilient communities, and puts Canada firmly on a path to achieving net-zero GHG emissions over the next three decades. We readily acknowledge that the scale of the challenge is enormous, but we are convinced that, with a supportive policy environment and sustained public and private investment, Canadians can look forward to a strong and vibrant economy that reaches the net-zero target by 2050.

Trade Associaton Climate Review 4

Canadian Chamber of Commerce

The Chamber is the largest business association in Canada, connecting businesses of all sizes, from all sectors and from all regions of the country to advocate for public policies that will foster a strong and competitive economic environment that will benefit not only businesses but communities and families across Canada.

Canadian Chamber climate position

Canada's resource sector can play a key role in reducing global emissions. Achieving this untapped potential requires a strategic focus, continued policy refinement and access to world markets. We must: (1) advocate for regulatory reform to ensure we can build the infrastructure to get our resources to world markets; (2) develop policy recommendations to ensure the decarbonization of our energy grids; (3) create the policy environment to allow our resource sector to modernize its operations and infrastructure while creating opportunities for a 21st-century labour force; and (4) provide Canadian business with the opportunity to take a leadership position on climate policy and meet our NDC targets with emission reduction pathways that are market-driven, flexible and at the lowest possible cost for businesses and Canadians.

Engagement and alignment

Enbridge benefits from the Chamber's broad range of topics and advocacy efforts and has representatives on various committees. The Chamber is an influential advocate for efficient and effective climate policy.

Enbridge Inc.

Canadian Gas Association (CGA)

CGA is the voice of Canada's natural gas delivery industry and its members are distribution companies, transmission companies, equipment manufacturers and other service providers. CGA works to demonstrate to energy influencers the value proposition of natural gas and natural gas delivery infrastructure for customers and our economy as a whole.

CGA vision

Canada's natural gas and its natural gas delivery infrastructure are recognized as essential to meet the long-term energy service needs of customers and the economy as a whole in an affordable, reliable, and environmentally sound manner.

Engagement and alignment

Enbridge's Executive Vice President and President, Enbridge Gas, is a member of the board of directors and first vice-chair. Enbridge engages with CGA to provide industry perspectives on policy issues, including development of a position on Net Zero by 2050. We remain aligned with CGA.

Trade Associaton Climate Review 5

Canadian Renewable Energy Association (CanREA)

Voice for wind energy, solar energy and energy storage solutions that will power Canada's energy future and work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. CanREA was established on July 1, 2020 when the Canadian Wind Energy Association and the Canadian Solar Industries Association united to create one voice for wind energy, solar energy and energy storage solutions.

CanREA mission statement

To advocate on behalf of the wind energy, solar energy and energy storage industries to benefit Canada's economy and energy future. To increase stakeholder understanding that renewable electricity and energy storage are clean, low-cost, reliable, flexible and scalable solutions for Canada's energy needs and provide a forum devoted to dialogue, collaboration, stewardship and growth of the industry.

Engagement and alignment

Enbridge is represented on the board of directors by our Director, Self-Power and JV Partnerships and has representatives on various policy committees.

Enbridge has a growing renewables portfolio and we will use our membership to shape and advance CanREA's policy agenda to ensure alignment.

Enbridge Inc.

Interstate Natural Gas Association of America (INGAA)

Advocates regulatory and legislative positions of importance to the natural gas pipeline industry in North America. INGAA represents the vast majority of the interstate natural gas transmission pipeline companies in the U.S. and Canada.

INGAA climate position

INGAA's commitments will include an active effort to do even more to address climate change by supporting renewables, as well as new and innovative technologies and process enhancements that will further reduce emissions. Working together, we are determined to support sound public policies that protect the environment while ensuring a safe, reliable and resilient energy transmission system that provides the affordable energy so many of our businesses and families need.

Identifying and continuing to implement long-term strategies to transition the industry and the individual INGAA member companies to lower emissions, while working as an industry towards reaching net-zero GHG emissions from natural gas transmission and storage operations by no later than 2050, supported by necessary technology advancements and sound public policy initiatives.

Engagement and alignment

Enbridge's Executive Vice President and President, Gas Transmission and Midstream, is a member of the board of directors. Enbridge is aligned with INGAA's climate policy positions and company representatives participate on various policy, technical, and environmental committees where we provde input to help shape and influence climate policy.

Trade Associaton Climate Review 6