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Committed to sustainability

We might take it for granted, but reliable and affordable energy is essential to daily life. When we drive our kids to school, flick on the office lights or cook a meal for our families, we depend on natural gas, electricity and oil to go about our daily routines with the products and services that are central to our modern society.

Our purpose is to deliver the energy people need, every day. Safely. Responsibly. Collaboratively. With integrity.

We’re proud of the role we’ve played in empowering businesses and families for more than 65 years and we know demand for energy is increasing. The crux of our challenge in a changing energy landscape is to safely deliver the energy the world needs in an economically, environmentally and socially responsible manner. We are well positioned to deliver on that challenge by investing in a balanced and sustainable energy future.

We know that the long-term success of our business is inextricably linked to the sustainability of our business practices and following through on the commitments we make to our neighbours, partners and communities.”

Russ Girling
President and Chief Executive Officer

Safety

$1.06 billion invested in integrity and preventative maintenance programs

Environment

47% power from emission-less sources

Community

100,000 landowner relationships

Economic development

$75 million+ in work for Indigenous businesses

Our commitment

Even though the energy landscape is changing, our facilities are in place for generations and we are unwavering in our commitment to sustainability. This includes commitments to:

We operate in one of the world’s most transparent and robust regulatory environments that provides stringent regulations for the entire life cycle of an energy infrastructure asset. Pipelines are subject to strict regulations by a number of regulating bodies. We comply with all federal, provincial and state laws and regulations governing the management of health and safety, environment, land use and other material parts of our business.

Read our Health, Safety, Sustainability, and Environment Commitment Statement:

English

French

Spanish

We continually work to evolve our governance model to reflect the needs and expectations of the organization and our stakeholders. In late 2018, we added “Sustainability” to the Health, Safety and Environment Committee of the Board (now the “Health, Safety, Sustainability and Environment Committee” or the “HSSE Committee”) to recognize and provide coordinated focus on the growing intersection of risk, governance, environmental and social issues.

The Board’s HSSE Committee oversees:

  • Operational risk
  • People and process safety
  • Security of personnel
  • Environmental and climate-change related risks
  • The development and implementation of systems, programs and policies relating to HSSE matters

The HSSE Committee mandate will continue to evolve as we continue to integrate sustainability into our business practices.

For more information about our corporate governance practices, visit the Governance section of our website.

Across our business, we work with stakeholders, landowners, and Indigenous people to understand our impacts on the sustainability of communities and the environment. We also consider the long-term risks and opportunities associated with sustainability to enable us to continue to lead in an ever-evolving energy landscape and meet the needs and concerns of our stakeholders, including investors and shareholders.

Risk management is integral to the successful operation of our business. We manage risk through a centralized enterprise risk management process that identifies risks that could materially impact the achievement of our strategic objectives.

Our Board of Directors’ Governance Committee oversees our enterprise risk management activities, which includes ensuring appropriate management systems, are in place to identify and manage our risks, including adequate Board oversight of our risk management policies, programs and practices. Other Board committees oversee specific types of risk:

  • The Human Resources Committee oversees executive resourcing, organizational capabilities and compensation risk to ensure compensation practices align with our overall business strategy
  • The HSSE Committee oversees operational, health, safety, sustainability and environmental risk
  • The Audit Committee oversees management’s role in managing financial risk

Our executive leadership team is accountable for developing and implementing risk management plans and actions, and effective risk management is reflected in their compensation.

Learn more about our Enterprise Risk Management Program in our 2018 Annual Report.

TC Energy’s Operational Management System (TOMS) includes our corporate health, safety, sustainability, environment and asset integrity programs to prevent incidents and protect people, the environment and our assets. Through the “plan, do, check, act” cycle, we improve our day-to-day activities and achieve performance requirements and targets. TOMS enables us to:

  • Comprehensively assess operational risks, including environment and safety risks
  • Develop programs, standards and procedures to address those risks
  • Identify goals, objectives and targets for risk reduction or performance improvement
  • Periodically report on performance, incidents and non-conformances
  • Identify causes and corrective actions to prevent recurrences of incidents and non-conformances
  • Refine our management system over time

Internal and external audits of TOMS are conducted regularly, with the most recent external audit undertaken by the NEB in 2017.

We are committed to capturing and sharing information about how we are doing on the journey towards a balanced energy future. Through measuring our performance, we learn more about how we can improve on a continual basis.

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Managing climate change risks and opportunities

As a leader within the energy infrastructure sector, we recognize our responsibility in supporting innovative and global solutions towards clean, reliable and affordable energy. In our inaugural Report on Sustainability and Climate Change, we describe our approach to long-term sustainability and the work we are doing to ensure the resilience of our business during the transition towards a lower carbon-emissions economy. In consideration of the recommendations from the Task Force on Climate-Related Financial Disclosures (TCFD), we assess climate-related risks and opportunities, as well as discuss our actions to reduce our GHG emissions in a cost-effective manner.

Learn More

 

Learn more about sustainability at TC Energy

We are committed to providing focused, transparent, and meaningful disclosure on our journey towards a balanced and sustainable energy future. Our Corporate Responsibility (CR) reports – produced since 2001 – demonstrated our ongoing commitment to providing comprehensive information on our economic, social and environmental performance consistent with recognized global standards. We continue to explore how TC Energy may share this information in a variety of formats (e.g., regular web content, reports, etc.) that is tailored to the needs of different stakeholder groups.