Spectra Energy Named to Carbon Disclosure Project's Global 500 and S&P 500 Carbon Disclosure Leadership Indexes
HOUSTON, Sept. 13, 2012 /PRNewswire/ -- Spectra Energy Corp (SE) has been named to the 2012 Carbon Disclosure Project's (CDP) Global 500 and S&P 500 Carbon Disclosure Leadership Indexes. These indexes highlight companies that have displayed a strong approach to information disclosure regarding climate change. This is the fourth consecutive year that Spectra Energy has been recognized by the CDP and named to one or more of its leadership indexes.
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.
"I am pleased that Spectra Energy is doing its part to bring clean, lower-carbon natural gas to market and working to minimize our environmental footprint. Being ranked again at the top of the Carbon Disclosure Leadership Index is recognition of our commitment to strong environmental performance that complements and supports our operational and financial results," said Greg Ebel, president and chief executive officer, Spectra Energy Corp.
The CDP's complete Global 500 and S&P 500 Report, including names of companies featured in both indexes, can be found at www.cdproject.net.
About Spectra Energy
Spectra Energy Corp, 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 more than 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's operations in the United States and Canada include more than 19,000 miles of transmission pipeline, approximately 305 billion cubic feet of storage, as well as natural gas gathering and processing, natural gas liquids and local distribution operations. 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 Carbon Disclosure Leadership Index. For more information, visit www.spectraenergy.com.
The Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP harnesses the power of market forces, including 655 institutional investors with assets of $78 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and water risk and opportunity. CDP now holds the largest collection globally of primary climate change and water data and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdproject.net to find out more.
SOURCE Spectra Energy Corp