Spectra Energy Recognized by Global Organizations for Sustainability Leadership
HOUSTON, Sept. 23, 2013 /PRNewswire/ -- Spectra Energy Corp (NY SE: SE) has been named to the 2013 CDP Global 500 and S&P 500 Climate Disclosure and Performance Leadership Indexes. Spectra Energy is the only energy company to be recognized on this year's CDP S&P 500 Climate Performance Leadership Index (CPLI).This is the sixth consecutive year that the company has been recognized by the CDP and named to one or more of its leadership indexes.
Spectra Energy has also been named to the Dow Jones Sustainability World Index (DJSI World) for the fourth consecutive year and to the Dow Jones Sustainability North America Index (DJSI NA) for the sixth consecutive year.
"Spectra Energy's dedicated employees continue to further our sustainable business practices, and these recognitions affirm their ongoing commitment. Our success is driven by high performance in financial, environmental and social areas, all of which are important to our various stakeholders," said Greg Ebel, president and chief executive officer, Spectra Energy Corp.
Companies voluntarily respond to the annual CDP questionnaire and are scored on their climate change disclosure and carbon management and risk mitigation efforts. High scores indicate the provision of robust climate data and a good understanding of climate change related issues affecting the company. The Climate Disclosure Leadership Index comprises the organizations that achieved a score within the top 10 percent of the sample assessed. Spectra Energy's submission to the 2013 CDP can be found at: www.spectraenergy.com/sustainability/environment.
The Dow Jones Sustainability Indexes (DJSI) follow a best-in-class approach and include sustainability leaders from each industry on a global and regional level, respectively. DJSI World captures the top 10 percent of the world's 2,500 largest companies, based on economic, environmental and social performance. DJSI NA rates the top 20 percent of the 600 largest companies in the United States and Canada. In selecting the top performers in each business sector, DJSI reviews companies on both broad and industry-specific sustainability criteria, assessing performance in areas such as corporate governance, environmental standards, climate change policy, risk management, supply chain standards, branding, labor practices and employee development.
About Spectra Energy
Spectra Energy Corp (NY SE: SE), a FORTUNE 500 company, is one of North America's premier pipeline and midstream companies. Based in Houston, Texas, the company's operations in the United States and Canada include more than 22,000 miles of natural gas, natural gas liquids, and crude oil pipelines, approximately 305 billion cubic feet (Bcf) of natural gas storage, as well as natural gas gathering and processing, and local distribution operations. The company also has a 50 percent ownership in DCP Midstream, the largest producer of natural gas liquids and the largest natural gas processor in the United States. Spectra Energy has served North American customers and communities for more than a century. The company's longstanding values are recognized through its inclusion in the Dow Jones Sustainability World and North America Indexes and the CDP Global 500 and S&P 500 Climate Disclosure and Performance Leadership Indexes. For more information, visit www.spectraenergy.com.
SOURCE Spectra Energy Corp