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
Benefits and investments 2011 2012 2013
Internal rate of return (%) 90 72 55
Cumulative CO2e avoided (tonnes) 630,000 900,000 1,160,000
Cumulative natural gas conserved (Bcf) 5 7 8
Capital investment $12,240,000 $11,500,000 $6,800,000*
  • * Decrease in spend is a result of organizational changes that occurred in 2013.
  • (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 $20.68 Can -0.100

NYSE $18.42 USD -0.070

As of 2014-10-24 12:26. Minimum 15 minute delay