The Framework lays out the principles Enbridge would use in connection with an issuance of sustainability-linked bonds and includes performance indicators that impact the Company's borrowing costs. This creates a direct link between the Company's finance strategies and its ESG goals incenting their achievement. To ensure transparency, performance indicators associated with achieving the Company's ESG goals will be published and verified annually by an independent auditor. The performance indicators that will be measured include the Company's progress on reducing by 35% the intensity of its scope 1 and 2 GHG emissions by 2030, as well as its progress on achieving 28% representation of racial and ethnic groups in its workforce, 40% gender diversity across the organization, and 40% representation of women on its board of directors by 2025. "Today's announcement further demonstrates Enbridge's commitment to ESG industry leadership," said Colin Gruending, Enbridge's Chief Financial Officer.