To Our Stakeholders:
Welcome to our 2021 Sustainability Report. This report highlights the sustainability successes our company achieved through our 2021 efforts and illustrates where we stand today in our sustainability journey. When I look back on 2021, I am impressed by the EnLink team’s dedication to improving the sustainability of our business and creating value for our stakeholders, which enabled EnLink to enter 2022 in a position of strength.
We continued to focus on improving the ways in which we operate in 2021, while at the same time, positioning ourselves to deliver business solutions that are supportive of the energy transition. As an energy company, we see emissions reduction as a key principle to our sustainability program. EnLink’s vision is centered on integrating sustainability into all aspects of our business – from maintaining our financial strength to supporting our employees to developing our GoalZERO program that has made us a leader in safety.
A few of the sustainability achievements documented in this report include:
- We announced our long-term commitment to achieve net zero emissions by 2050. We also announced near-term goals of achieving a 30% reduction in methane emissions intensity by 2024 and are pursuing a path to achieve a 30% reduction in our total scope 1 carbon dioxide equivalent (CO₂e) emissions intensity by 2030¹. In 2021, we achieved reductions of approximately 1,500 metric tonnes (MT) of methane emissions and approximately 38,000 MT of CO₂e emissions.
- We formed EnLink’s Carbon Solutions Group, which actively pursues business opportunities that support the energy transition, such as carbon capture, transportation, and sequestration (CCS). The Carbon Solutions Group has made great progress, announcing in early 2022 a joint service offering with Talos Energy to develop a complete CCS solution for industrial-scale emitters in Louisiana’s Mississippi Corridor, one of the largest concentrated sources of CO₂ emissions in the United States.
- We made meaningful progress on our 2030 emissions goal by entering into a 15-year agreement to capture CO₂ emitted from our Bridgeport plant in North Texas to sell for use in food-grade products.
- We were awarded by the Texas Commission on Environmental Quality several emissions reduction incentive grants, totaling up to $4.42 million for 13 projects across North Texas that are anticipated to save over 63 tons (approximately 57 metric tonnes) of nitrogen oxide emissions each year, equal to over 7,000 MT of CO₂e.
- We achieved our safest year on record with a Total Recordable Injury Rate (TRIR is an industry standard measurement of safety) of 0.44, which is well below the industry average².
- I joined the CEO Action for Diversity & Inclusion, a nationwide initiative focused on increasing diversity in companies across the country.
- Our employees gave back to our communities through our employee-funded EnLink Community Fund, which provides grants to employees and their families during times of extreme hardship, and EnLink’s first companywide Month of Service benefiting local, diverse nonprofits.
- We strengthened our sustainability governance by forming a Sustainability Committee of our Board of Directors.
- We increased the weighting of safety and sustainability within our 2021 companywide short-term incentive plan by 50% over the previous year.
After such a successful 2021, I am eager to see the achievements we make in 2022. We see sustainability as essential to our company’s ongoing success. In fact, the EnLink 2022-2024 Strategic Plan, which guides our path forward, includes five focus areas, each of which strives to improve EnLink’s sustainability:
I’m extremely optimistic about the future at EnLink as we follow this path forward. Thank you for continuing to follow our sustainability journey as EnLink accomplishes our vision “to become the future of midstream by leading in innovation and creating sustainable value.”
Barry E. Davis
Chairman & Chief Executive Officer
- As compared to 2020 scope 1 emissions levels
- The GPA Midstream Association classifies companies that complete 1 million or more midstream operational workhours in one year as Division 1. The 2020 industry average for GPA Division One companies, EnLink’s peer group, is 0.715. At the time of this report’s issuance, 2021 industry numbers were not yet available.
More in the "Sustainability Report, Strategy, & Data" section:
The information and data (collectively, Information) provided in EnLink’s 2021 Sustainability Report (Report) reflects content as of and for the period ending December 31, 2021, unless otherwise indicated. Such Information in this Report is for informational purposes only. EnLink does not make, and hereby expressly disclaims, any representation or warranty as to the accuracy or completeness of the Information contained herein. This Report is being published on May 3, 2022, and EnLink has no obligation or duty to (1) update or correct the Information, (2) provide additional details regarding the Information, or (3) continue to provide the Information, in any form, in the future. EnLink reserves the right, in its sole discretion, to modify, update, change, delete, or supplement the Information from time to time without notice. The Information should not be interpreted as any form of guaranty or assurance of future results or trends. Unless otherwise provided, EnLink is not expressly incorporating by reference any of the Information into any filing of EnLink made with the United States Securities and Exchange Commission or in any other filing, report, application, or statement made by EnLink to any federal, state, or local governmental authority. This Report contains information based upon EnLink’s role in the broader economy, environment, and society and for the purpose of responding to issues that are important to a wide range of interested parties. While events, scenarios, and efforts discussed in this report may be significant, any significance should not be read as necessarily rising to the level of materiality of the disclosures required under U.S. federal securities laws, which have distinct and specific concepts of materiality.