Spectra Energy Corp Named to Corporate Responsibility Magazine's 2011 Best Corporate Citizens List

Mar 03, 2011, 12:30 ET from Spectra Energy Corp

HOUSTON, March 3, 2011 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has been named to Corporate Responsibility Magazine's prestigious "100 Best Corporate Citizens List" for 2011, ranking 18th on the list. The company scored among the highest-rated energy companies on the 12th annual list, which is recognized as a leading assessment of corporate responsibility performance.

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"We're honored to be recognized as a Best Corporate Citizen," said Greg Ebel, president and chief executive officer, Spectra Energy Corp. "Our inclusion on this list is a true testament to our employees' ongoing commitment to transparency and accountability, and to making sustainable choices that represent the best in economic, environmental and social values and practices."

The "100 Best Corporate Citizens List," which rates large-cap Russell 1000 companies, documents more than 320 data points of disclosure in seven categories: environment, climate change, employee relations, human rights, governance, finance and philanthropy. This is the first time Spectra Energy responded to the survey, breaking into the top 20 in its first appearance on the list.

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