8-K

ENBRIDGE INC 8-K Report (Oct 17, 2012)

Filed October 17, 2012For Securities:ENBENBMFEBBGFEBRGFEBRZFENBGFENBRFENFFFEBGEFENBFFENBHFENBNFENBOFENBSFEBBNFENNPF

Summary

This SEC Form 6-K filing by Enbridge Inc. (ENB) on October 17, 2012, primarily serves to furnish the company's 'Revised Statement on Business Conduct' dated October 2012. This document outlines Enbridge's commitment to ethical operations, integrity, and compliance with laws and regulations across all its business dealings and jurisdictions. It emphasizes the importance of responsible conduct for directors, officers, employees, consultants, and contractors, aiming to maintain the company's reputation and achieve its vision of being North America's leading energy delivery company. Key aspects covered include fair employee relations, environmental responsibility, adherence to human rights principles, protection of corporate assets, confidentiality of information, and strict guidelines against insider trading. The statement also details requirements for honest dealings with stakeholders, proper financial reporting in line with accounting principles and internal controls (including compliance with Sarbanes-Oxley), and prevention of conflicts of interest. It further addresses compliance with anti-corruption laws (like the FCPA and Canadian CFPOA) and competition legislation, with clear mechanisms for reporting violations and a commitment to non-retaliation for good-faith reporting.

Key Highlights

  • 1Enbridge Inc. filed a Form 6-K on October 17, 2012, to submit its 'Revised Statement on Business Conduct' dated October 2012.
  • 2The statement applies to all Enbridge directors, officers, employees, consultants, and contractors globally.
  • 3It reinforces Enbridge's commitment to ethical business practices, integrity, and compliance with all applicable laws and regulations.
  • 4The document covers critical areas such as employee rights, health, safety, environmental responsibility, and human rights.
  • 5It includes strict policies on protecting corporate property, confidential information, and preventing insider trading.
  • 6Emphasis is placed on honest and transparent stakeholder relations, including consultation with First Nations and local communities.
  • 7Compliance with anti-corruption laws (U.S. Foreign Corrupt Practices Act and Canada's Corruption of Foreign Public Officials Act) and competition laws is mandated.

Frequently Asked Questions

The primary purpose of this Form 6-K filing is to officially submit Enbridge Inc.'s 'Revised Statement on Business Conduct' to the SEC. This document details the company's ethical standards and operational guidelines for all its personnel.

The Statement on Business Conduct is applicable to all of Enbridge's directors, officers, employees, consultants, and contractors, regardless of their location or role within the company.

The statement addresses a broad range of topics including legal and regulatory compliance, employee relations (fair treatment, non-discrimination, safety, health, environment), protection of company assets and information, insider trading prevention, conflicts of interest, stakeholder engagement, and adherence to anti-corruption and anti-trust laws.

Enbridge has implemented an Ethics and Conduct Hotline, accessible 24/7 via phone or internet, for reporting violations. The company assures that reports will be kept confidential to the extent appropriate and that no retaliatory action will be taken against employees or contractors who report violations in good faith.