ELM Inc., is an industry-leading Canadian service company with over 30 years of direct industry experience, offering single-source environmental liability management services in the areas of abandonment, decommissioning, remediation, reclamation, water and waste management. ELM is backed by a highly technical team with seasoned leadership, safely delivering tailored solutions to our clients.
ELM’s commitment is to improve the environment, while reducing risk for our clients and stakeholders. Our strengths are providing experienced oversight, ensuring timely and efficient completion of complex projects and understanding client needs.
Our company’s journey began in the late 80’s with the goal of helping upstream and midstream companies clean up their liabilities, retire their wellbores, pipelines and facilities and complete reclamation for end-of-life assets. After almost 30 years of direct industry experience as Abandonrite, we changed the company’s name to ELM Inc. in 2017. Our company remains committed to continuous improvement in order to remain your first choice for liability management solutions. With our new name in place, we began to make significant changes throughout the organization that would allow us to design and deliver improved value-added solutions for our clients. As part of the change, we now offer a wider range of services for our customers, making us your single-source for comprehensive liability management solutions. Our technical depth, expanded service offering and innovative technologies, along with ELM’s exclusive "Cost Cap" overrun protection solution, make ELM a unique service provider in our industry.
To be the preferred Canadian choice for the delivery of safe and innovative environmental liability management solutions.
To work collaboratively with our clients to deliver safe, creative solutions to environmental liability management issues while delivering real results, managing cost overrun risk and reducing environmental impacts.
Our service delivery is grounded in the following values:
ELM works to build and maintain relationships with Indigenous communities, and to protect their heritage, through respect, trust and understanding their needs. ELM is committed to promoting a business culture that is inclusive and respects diversity. ELM supports Indigenous organizations and initiatives that contribute to sustainable and social development, through a collaborative framework, and is working toward joint venture opportunities founded on these principles.
ELM will offer contracting opportunities to qualified Indigenous companies, suppliers and contractors, where appropriate.
ELM is proud to have worked with the following Indigenous communities:
ELM is committed to ensuring we conduct our activities in a manner that will protect the health and safety of our employees, clients, contractors and the public. This is not just a corporate directive, but rather a responsibility that every ELM Inc. employee takes very personally. When it comes to safety, we have adopted the Energy Safety Canada’s 10 Lifesaving Rules, to ensure alignment between ourselves and our clients’ and industry’s expectations. Our vision is to integrate health, safety and the environment into all aspects of our business and create a culture of HSE recognized as a model by industry and stakeholders.
ELM is an account holder with Complyworks, ISNetworld and Avetta. This allows our clients to have a transparent window into our Health and Safety Management Systems and provides benchmarks against which to measure our progress with respect to health and safety. Please see the links to these sites below:
Steve has spent the last 25 years developing a broad range of experience in building start-up companies, effectively streamlining Read More financials, raising capital and leading operational initiatives across various industries. Steve was a founder, President & CEO of Silver Mountain Mines Inc., a Canadian exploration company. Steve was Vice President of a power development company for over 4 years, responsible for managing business worth over $400M in development opportunities. Steve has provided development and consulting services within various sectors including power development, trans-load logistic facilities, real estate and manufacturing. Steve has a degree from the University of Toronto (economics) and accredited designations in financial, investment and risk management.Read Less
Martine brings over 20 years of financial and business experience to ELM. Prior to joining ELM, Martine held several progressive Read More positions in the finance, business development and strategic planning groups at Gibson Energy, with direct experience in the environmental services, midstream, logistics, refining and propane business sectors. She brings a proven track record at delivering results in finance, acquisitions, dispositions, strategic planning, business planning and business development in her career. Martine has her Bachelor of Commerce Degree from McGill University and is a Chartered Professional Accountant. Read Less
Malcolm brings over 35 years of oil and gas experience with 26 years related directly to liability management and decommissioning. Read More He started with Abandonrite in 1992 providing hands on field level project management in the decommissioning of wells. During his career in the energy sector, Malcolm has held a broad range of technical and leadership roles. He has been responsible for all aspects of project management including program development, scheduling, worksite safety, planning, co-ordination and field work execution. He has successfully managed thousands of well abandonments, vent flow and gas migration remediation and leaking well re-entries for repair. Read Less
Jason has over 20 years of progressive oil & gas experience related to liability management. He started with Abandonrite Read More in 1998 providing technical support on environmental reclamation projects. His focus has shifted to decommissioning project management, including planning, co-ordination and execution of field work to decommission pipelines and facilities. He works closely with client representatives to ensure that their liabilities are being managed efficiently. He is also responsible for managing the technical support team that is involved with ELM’s decommissioning and liability management service delivery.Read Less
Chris is a leader in Occupational Health & Safety, with more than 20 years of experience in workplace safety and security across several industries. Read More With a long-demonstrated history of working within corporate and field settings with extensive experience in Client Communications and Health & Safety Management Systems development; Chris brings an innate desire to build relationships within teams to develop strong, effective project success to our clients. Chris is a Canadian Registered Safety Professional (CRSP), National Construction Safety Officer (NCSO), and COR Auditor, that continues to advocate for safety excellence in all aspects of his personal and professional life.Read Less
Vince was a corporate executive for most of his 30 years at Canadian Pacific. His leadership roles within CP incorporated skills Read More in the areas of strategic planning, marketing, business development, change management, logistics and performance measurement. As a project manager, he led several cross-functional initiatives to integrate multiple core operating systems at CP as well as a CRM project with budgets ranging from $25M to $125M. He now operates his own consulting company and has worked with such companies as Exxon, Bowater, Petro Canada, McKinsey & Co., the City of Calgary as well as a number of other small to mid-sized companies.Read Less
Steve has over 30 years’ experience in both the domestic and international oil and gas exploration and production business, as well Read More as the midstream industry. Steve brings a wealth of experience in building, shaping, governance of and liquidity of both small and large entities across several public and private companies in various capacities at senior management levels. He has been involved as a founder, CEO or director of 14 E&P companies as well as being involved in two midstream entities. Steve has an entrepreneurial history of founding, building and selling E&P companies, as well as serving on a number of Boards of both domestic and international E&P companies. He began his career as a geologist with Amoco and advanced through a number of domestic and international assignments, attending Amoco’s Petrophysics school in Tulsa, Ok as well as the Executive Development Program at Kellogg School of Management, Northwestern University. Steve is a graduate of McMaster University with a Bachelor of Science degree in Geology.Read Less
Justin is the Senior Vice President and National Practice Leader at Aon and leads the Environmental Services Group (ESG), with Read More an eight-member team whose expertise ELM has the privilege to draw upon with respect to risk mitigation strategies and insurance. Justin provides risk advisory, including environmental risk identification and assessment, contract management consulting, and insurance policy development and placement for clients within Aon’s many national industry practice groups including manufacturing, energy, mining, aviation, power, public sector, construction, food and agribusiness. He has delivered presentations to Canadian boards, consulted on many of Canada’s significant infrastructure placements, advocated on several client claims and assisted in structuring and writing global environmental risk placements. He has also served as lead consultant on environmental risk in various mergers and acquisitions and public infrastructure developments. Justin has co-authored articles for publication and is relied upon as a speaker on the topic of environmental risk through discussion panels, seminars and conferences. Justin served in underwriting for five years and contributed to underwriting some of the most complex environmental placements in Canada and has continued to advance the expectation of insurance coverage. Justin has a bachelor’s in environmental studies and a Masters in Environment and Business from the University of Waterloo. He also has a Certified Risk Management Designation.Read Less
The primary responsibility of the Board is to provide governance and stewardship to the Company. Each of the members of the Board is required to exercise their business judgment in a manner consistent with their fiduciary duties. In particular, directors are required to act honestly and in good faith, with a view to the best interests of the Company and to exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.
The Board discharges its responsibility for supervising the management of the business and affairs of the Company by delegating the day-to-day management of the Company to senior officers. The Board oversees the Company’s systems of corporate governance and financial reporting and controls to ensure that the Company reports adequate and fair financial information to shareholders and engages in ethical and legal corporate conduct. Its goal is to ensure that ELM continues to operate as a successful business, and to optimize financial returns to increase the Company’s value over time while effectively managing the risks confronting the organization.
There are currently two standing committees of the Board: the Corporate Governance & Compensation Committee and the Health and Safety Committee. Committee members are appointed by and comprised exclusively of members of the Board. The mandates of the Committees ensure, collectively, that the Board fulfills its duties and responsibilities and that there is effective supervision and direction of management in the conduct of the affairs of the Company. The Chair of a committee is selected by the Board from among the members of the relevant committee.
The mandate of the Corporate Governance Committee is to assist the Board in monitoring, reviewing and approving ELMs’ corporate governance policies and practices, identifying individuals qualified to become members of the Board and evaluating the functioning of the Board and its Committees on an annual basis.