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Returns & Value Focused

At Enerplus, we're focused on creating long-term value for our shareholders through a disciplined, returns-based capital allocation strategy and a commitment to safe, responsible operations.

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Our Approach

We are proud of what we do and how we do it. Our core values include a commitment to develop our resources responsibly and profitably, while making a positive contribution to society. Consistent with this commitment, we work to ensure that our operations remain safe, resilient and sustainable. 

In 2019, following five years of sustainability reporting, we recognized the opportunity to enhance the governance of our disclosure through continued transparent board oversight. An internal environmental, social and governance (ESG) working group was formed to review and complete a materiality assessment of ESG risks in accordance with the Sustainability Accounting Standards Board (SASB) materiality map. SASB defines issues to be material if they are reasonably likely to impact the financial condition or operating performance of a company and are therefore relevant indicators for investors. Coming out of the working group’s review, our approach has been to identify ESG focus areas that could materially impact value, establish opportunities and objectives relative to each focus area, and integrate these into our strategy and enterprise risk management process. This work has led to the development and implementation of our Environmental, Social and Governance Policy.

Our approach is to ensure health, safety, environment, stakeholder engagement and regulatory compliance are integrated into everything we do, as we recognize this commitment is essential to our success.

Our ESG management system supports our risk management practices where we identify, evaluate, prioritize and mitigate our health, safety, regulatory compliance, and environmental risks consistent with other enterprise risks. These program elements are critical to our ability to execute on our approach.

Industry Relationships

Trade Associations

Our leaders and employees are involved in memberships with federal, provincial and state industry trade associations.

  • American Exploration & Production Council (AXPC)*
  • Association of Corporate Counsel Alberta
  • Association of General Counsel
  • Association of Professional Engineers and Geoscientists of Alberta (APEGA)
  • Canadian Energy Law Foundation
  • Canadian Association of Petroleum Producers (CAPP)*
  • Canadian Association of Petroleum Landmen (CAPL)
  • Canadian Association of Petroleum Land Administration (CAPLA)
  • Canadian Society of Safety Engineering
  • CDP (formerly the Carbon Disclosure Project)
  • Colorado Oil and Gas Association (COGA)
  • Explorers and Producers Association of Canada (EPAC)*
  • Independent Petroleum Association of America (IPAA)
  • Independent Producers Association of America
  • Law Society of Alberta
  • Montana Petroleum Association (MPA)
  • North Dakota Petroleum Council (NDPC)
  • Petroleum Joint Venture Association (PJVA)
  • Pennsylvania Independent Oil & Gas Association (PIOGA)
  • Rocky Mountain Mineral Law Foundation
  • Society of Petroleum Engineers (SPE)
  • Western Energy Alliance (WEA)

*indicates Board of Directors level seat

Corporate Memberships

Our corporate memberships include:

  • Canadian Council for Aboriginal Business (CCAB)
  • Canadian Council for Chief Executives
  • Corporate Executive Board (CEB)
  • Circle for Aboriginal Relations (CFAR)
  • International Association for Public Participation (IAP2)
  • Institute of Corporate Directors *
  • NAEM, The Association for EHS Management*
  • National Association of Corporate Directors *
  • New Town Chamber of Commerce
  • North Dakota Chamber
  • Montana Chamber of Commerce
  • Sidney Montana Chamber of Commerce

*indicates Board of Directors level seat

Sustainability & ESG
Health & Safety Policy
Our Health and Safety Policy guides our decision-making and supports our goal of producing safe and socially responsible energy, consistent with our values.
View Our H&S Policy
2020 ESG Report

Enerplus’ core values include a commitment to develop its resources responsibly and profitably, while making a positive contribution to society

View Our 2020 Report
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