Sustainability at Spectra Energy
For Spectra Energy, sustainability means providing natural gas infrastructure services to meet North America’s energy needs in a way that is economically, environmentally and socially responsible.
Our Business Purpose
Our purpose is to create sustainable value growth for our investors, customers, employees and communities by providing natural gas gathering and processing, transmission, and storage and distribution services.
We build value on a sustainable basis by:
- Advancing the role of natural gas in meeting North America’s energy needs
- Delivering excellence in safety, reliability, customer responsiveness and profitability
- Capitalizing on the size and attributes of our existing assets
- Executing our expansion projects on time and on budget
- Pursuing strategic growth opportunities
Our sustainability strategy helps us manage non-financial risk, provides a competitive advantage in accessing new markets and operating in sensitive areas, and builds public and employee support. Our approach to sustainability reinforces our reputation as an organization that lives its values by producing solid value for our investors while being good stewards of the environment, resources and relationships with our stakeholders.
Our Sustainability Commitments
In support of sustainability, we commit to:
Our Next Steps
Engagement with all relevant stakeholders, is fundamental to the way we do business. It demonstrates our commitment to our stakeholders’ success and helps build win-win relationships. The results of our engagement activities help determine our next steps in sustainability.
The Sustainability Performance Scorecard reports the progress we have achieved on our commitments to 2010. The table also highlights our commitment focus areas and planned next steps for the 2010 to 2012 period.
These are the focus areas that most closely align with our values, are most relevant to our stakeholders and have the greatest impact on our ability to execute our business strategy. They provide the framework of this report and our approach to sustainability, and each plays an important role in our pursuit to become North America’s premier natural gas infrastructure company.