Governance is how we make and implement decisions. At Pembina, strong governance starts at the Board level and is felt throughout our operations.
Pembina’s Board of Directors has 11 members, including the President and Chief Executive Officer, Mr. Mick Dilger, and 10 members elected by shareholders at the Annual General Meeting.
The Board provides guidance to Pembina’s executive team, sets corporate policy and ensures Pembina maintains regulatory requirements and ethical business practices.
The Board meets a minimum of four times each year.
Inclusion & Diversity
Pembina’s Board of Directors aspires to have at least 40 percent of the independent directors be individuals that are women, persons with disabilities, Indigenous peoples, or members of other racial, ethnic and/or visible minorities.
Pembina manages corporate governance in several ways, including:
Operating with an independent Chairman of the Board
Independent directors. 10 of the 11 Board members are independent within the meaning of Canadian securities laws
Directors are elected by the shareholders and stand for reappointment each year at the Company's annual general meeting
The Governance, Nominating and Corporate Social Responsibility Committee has a process to nominate directors and assess their performance on an ongoing basis
Every Board member is required to certify compliance with the company's Code of Ethics and corporate policies
The Human Resources, Health and Compensation Committee has a formal succession planning process in place for the CEO and other members of Pembina's executive team
New directors receive a company orientation, which includes a strategic review and risk analysis
At least once per year, the Board participates in a strategy session to review the Company's operational activities and future growth opportunities
Our information circular provides additional information about our corporate governance practices while our Shareholder Rights Plan provides details on how investors are protected in the event of a corporate takeover.
Pembina is committed to the highest standards of professional and ethical conduct in all activities. Our reputation for honesty and integrity among our stakeholders is key to the success of our business. Hosted by a third-party service provider, EthicsPoint, the Hotline provides a confidential, accessible tool for anyone wanting to report a concern, or ask a question.
Toll-free Whistleblower line in Canada and the US: 1-855-375-6799
After you complete your report you will be assigned a unique code called a "report key." Write down your report key and password and keep them in a safe place. After six business days, use your report key and password to check your report for feedback or questions.