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September 3, 2009
HOUSTON– Spectra Energy Corp has again been named to the Dow Jones Sustainability Index for North America (DJSI NA), which lists North America’s leading, sustainability-driven companies based on a measurement of overall financial, environmental and social performance.
Launched in 1999, the Dow Jones Sustainability Indices are the first to track financial performance of sustainability-driven companies on a worldwide basis. Corporate sustainability, as defined by the DJSI, is a business approach that seeks to create long-term shareholder value by embracing opportunities and managing risks derived from economic, environmental and social developments.
“We are honored to again be named to the Dow Jones Sustainability Index; an honor that reflects the work our employees do each and every day to ensure we balance our business needs with stakeholder interests,” said Greg Ebel, president and chief executive officer, Spectra Energy Corp. “We work hard to integrate economic, environmental and social factors into our business strategy and inclusion in the DJSI is an important validation of those efforts.”
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, labor practices and employee development.
The index is reviewed annually by Dow Jones and the Zurich-based Sustainable Asset Management (SAM) Group.
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 285 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 was recently ranked by FORTUNE as the world’s “most admired” pipeline company. For more information, visit www.spectraenergy.com.
Wendy Olson