Deliver Superior Economic Results
Deliver Superior Economic Results
Spectra Energy’s purpose is to create superior, long-term value for our investors, customers, employees, and communities by providing natural gas infrastructure and services. In fulfilling our purpose, we build lasting relationships with our key stakeholders as we generate value for our shareholders, provide secure jobs for our employees, deliver clean-burning natural gas to meet our customers’ energy needs, and contribute to the economic and social development of communities.
We deliver superior economic results through disciplined financial management and by growing the business to create superior and sustainable value and carefully managing our financial and non-financial risks.

2010 Financial Performance
Our financial results for 2010, detailed in the Spectra Energy annual report, demonstrate our ability to deliver strong results even in a challenging economic environment. Spectra Energy is well positioned with strong cash flow, an investment-grade balance sheet, ample liquidity and excellent access to capital support our growth. <Read More>
Growing our Business
We grow our business by adding infrastructure capacity and services. Since our spin-off in 2007, we have placed into service 47 fee-based expansion projects totaling more than $4 billion. Over the next three years, we have plans to invest approximately $5 billion per year in additional growth projects. <Read More>
Managing Risks
To ensure the oversight and management of our enterprise-wide risks, we have adopted a uniform risk analysis framework focused on four major risk categories: financial, strategic, operational and legal. Members of Spectra Energy’s senior leadership team have specific accountability for each of the risk categories. <Read More>
Establish Win-Win Relationships
Our stakeholders are those who are, or could be, affected by our operations. Developing mutually beneficial relationships with our stakeholders is a key focus that is ingrained in our culture, one of our Charter values and essential for our long-term success. <Read More>
Political Involvement and Contributions
Spectra Energy participates in the democratic process in the jurisdictions in which we conduct business. We do so while adhering to the letter and spirit of all applicable laws in Canada and the U.S. <Read More>
Public Policy Participation
We track proposed legislation so that we may advocate the company’s position when necessary. In doing so, we engage with governments at the state, provincial and federal levels in Canada and the U.S. <Read More>
The Sustainability Performance Scorecard reports the progress made on our commitments. The table also highlights our commitment focus areas and planned next steps.
Deliver on financial commitments in 2008 and beyond
In 2010, we achieved diluted earnings per share of $1.61 and $1.32, and net income – controlling interests of $1,049 million.
Successfully execute $4+ billion, multi-year expansion program
Since 2007, placed into service 47 expansion projects totaling $4+ billion, contributing a combined return on capital employed of greater than 14.5%.
Continue to improve stakeholder outreach program; establish stakeholder outreach principles and approach
In 2010, diligently implemented stakeholder engagement principles and a framework for improvements.
Initiate implementation of a company-wide sustainability program
Sustainability is being systematically integrated company-wide. This Sustainability Report addresses our progress.
Benchmark our sustainability performance against leading sustainability indices
For three consecutive years, Spectra Energy has been named to the Dow Jones Sustainability North America Index, and the Carbon Disclosure Leadership Index. For the past two years we were recognized as the top energy company on the Carbon Disclosure Leadership Index.
Next Steps
Deliver on financial and capital project commitments.
Strengthen relationships with key stakeholders by continuously improving engagement and communications.
Continuously improve customer satisfaction levels by focusing on reliability and customer responsiveness.
Successfully implement Supply Chain Excellence program to improve supplier relationships, strategic sourcing, sustainability and enhanced technology.
Continuously improve performance in the Dow Jones Sustainability Index and Carbon Disclosure Leadership Index.
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