Press release from PR Newswire
Spectra Energy Top Ranked on Carbon Disclosure Project's Carbon Disclosure Leadership Index
Wednesday, September 21, 2011
HOUSTON, Sept. 21, 2011 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) again ranked first in the Energy Sector in the 2011 Carbon Disclosure Project's (CDP) "Carbon Disclosure Leadership Index (CDLI)." The CDLI highlights companies within the S&P 500 that have displayed the most professional and transparent approach to corporate governance in respect to climate change disclosure practices. This is the third consecutive year the company has held the top slot.
(Logo: http://photos.prnewswire.com/prnh/20061030/CLM051LOGO )
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 good internal data management and understanding of climate change-related issues affecting the company, including greenhouse gas emissions, emissions reduction targets, and risks and opportunities associated with climate change.
"As a company, we recognize the importance and value of providing transparent, high-quality climate change and environmental disclosure to our stakeholders. Our top ranking again on the Carbon Disclosure Leadership Index reaffirms our efforts and the focus being placed on assessing and managing environmental risks," said Greg Ebel, president and chief executive officer, Spectra Energy Corp.
The CDP's complete S&P 500 Report, including names of companies featured in the CDLI, can be found at www.cdproject.net.
About Spectra Energy Corp
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 Carbon Disclosure. For more information, visit www.spectraenergy.com.
The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of primary corporate climate change and water information in the world. Some 3,000 organizations across the world's largest economies measure and disclose their greenhouse gas emissions and assessment of climate change risk and opportunity through CDP. This data is gathered on behalf of 551 institutional investors, holding $71 trillion in assets. For more information, visit www.cdproject.net.
SOURCE Spectra Energy Corp
For further information: Media: Wendy Olson, +1-713-627-4072, +1-713-627-4747 (24-hour media line), or Analysts: John Arensdorf, +1-713-627-4600