Environmental Innovation Fund

The mandate of our Environmental Innovation Fund is to make investments in projects that economically improve the environmental performance of the natural gas sector through developing and implementing innovative technology.

Our investment strategy is two-tiered:

  • Internal environmental efficiency projects: projects within our operations that can economically create measurable reductions in air emissions or energy, land or fresh water use. Read more about these projects
  • External technology development investments: early-stage start-up companies and technologies that either align with environmental efficiency opportunities within our operations or enable enhanced natural gas usage within new or existing markets. Read more about these projects
2010 2011 2012
Internal rate of return (%) 33 90 72
Cumulative CO2e avoided (tonnes) 397,790 630,000 900,000
Cumulative natural gas conserved (Bcf) 3.40 5.23 6.81
Capital $11,810,000 $12,240,000 $11,500,000
  • (1) Internal Rate of return is pre-tax, non-royalty, non-depreciated.
  • (2) CO2e avoided includes results from projects completed in previous years that have ongoing emissions reductions. Figures for 2011 and 2012 are rounded to the nearest 10,000 tonnes.
  • (3) Gas conserved includes results from projects completed in previous years that have ongoing gas savings.
  • (4) Capital is rounded to the nearest $10,000

ECA stock price

TSX $25.78 Can 0.140

NYSE $23.39 USD 0.130

As of 2014-04-17 16:00. Minimum 15 minute delay