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Spectra Energy Featured on Carbon Disclosure Project’s ‘Carbon Disclosure Leadership Index’

September 22, 2009

HOUSTON, Sept. 22 /PRNewswire-FirstCall/ — Spectra Energy Corp (NYSE: SE) today announced it is again featured on the Carbon Disclosure Project’s (CDP) “Carbon Disclosure Leadership Index,” which highlights constituent 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.

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Companies, who voluntarily respond to the annual CDP survey, are scored on their climate change disclosure. 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.

“We recognize the importance of providing high-quality climate change disclosure to our investors, customers and other key stakeholders,” said Greg Ebel, president and chief executive officer, Spectra Energy Corp. “We’re pleased to be recognized with the highest score in the energy sector on this year’s Leadership Index.”

The CDP’s S&P 500 Report, including names of companies featured in the Carbon Disclosure Leadership Index, 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 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.

About CDP

The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of corporate climate change information in the world. CDP gathers data through its annual Information Requests on behalf of institutional investors, purchasing organizations and government bodies. Since its formation in 2000, CDP has become the gold standard for carbon disclosure methodology and process, providing essential climate change data to the global market place.

Investor CDP represents some 475 institutional investors, with combined assets under management in excess of $55 trillion. CDP also works with private and public sector organizations to facilitate the collection of climate change data from their supply chains, as well as with local government to drive emissions reduction and sustainable development in key cities around the world. More than 2,500 major corporations around the globe report their greenhouse gas emissions and the risks and opportunities posed by climate change through CDP.

The CDP is a Registered Charity (no. 1122330). In the United States, CDP’s sponsor liaison is Rockefeller Philanthropy Advisors, which provides CDP with 501( c)3 charitable status.

SOURCE Spectra Energy Corp


Source: newswire



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