HOUSTON, Sept. 8, 2011 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has been named to the Dow Jones Sustainability World Index (DJSI World) for the second consecutive year and to the Dow Jones Sustainability North America Index (DJSI NA) for the fourth consecutive year.
"Sustainability is about the way we operate our business and provide lasting, measurable value to our stakeholders – from shareholders to the local communities where we live and operate," said Greg Ebel, president and chief executive officer, Spectra Energy Corp. "Our employees demonstrate a profound sense of responsibility to effectively integrate economic, environmental and social factors into the way we do business, and inclusion in these indexes validates those efforts."
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.
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 19,100 miles of transmission pipeline, more than 305 billion cubic feet of storage, as well as natural gas gathering and processing, natural gas liquids operations and local distribution assets. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy is a member of the Dow Jones Sustainability World and North America Indexes and the U.S. S&P 500 Carbon Disclosure Project's Leadership Index for both Carbon Performance and Disclosure. For more information, visit www.spectraenergy.com.
SOURCE Spectra Energy Corp