News Center > Entergy Corporation Once Again Named to Dow Jones North America and World Sustainability (Cont.)
Entergy Corporation Once Again Named to Dow Jones North America and World Sustainability (Cont.)
Entergy Corporation Once Again Named to Dow Jones North America and World Sustainability Indices and Carbon Disclosure Project Leadership Index
Economic, environmental and social accomplishments and disclosure recognized
NEW ORLEANS – Entergy Corporation's sustainable practices in the areas of economic, environmental and social performance in 2011 resulted in its inclusion in two premiere leadership indices. Entergy (NYSE: ETR) was named to the 2012/2013 Dow Jones Sustainability North America and World Indices. The company was one of only two U.S. companies in the electric utility sector selected to the Dow Jones Sustainability World Index.
In addition, Entergy is included in the 2012 Carbon Disclosure Leadership Index, a key component of CDP's S&P 500 report. The Carbon Disclosure Leadership Index (CDLI) includes the companies with the highest carbon disclosure scores. The Carbon Disclosure Project is an organization that works with shareholders and companies to disclose information on carbon emissions, sustainability, and climate change risk.
This is the 11th consecutive year the Dow Jones Sustainability Index has included Entergy on either the World or North America index. This is the eighth time in the past nine years Entergy has been named to the CDP Leadership Index.
"Sustainability is a five-dollar word for an idea many of us learned in Scouting – leave the place better than you found it. It's as simple as that," said J. Wayne Leonard, Entergy's chairman and chief executive officer. "We believe that when we run our business by keeping everyone's best interests in mind – our customers, our employees, our investors and our environment – everyone wins. Granted, it's not always easy to do. But Entergy's track record over the last decade shows that when that simple concept is made a priority within a company, a business can achieve levels of success that benefit everyone."
Entergy highlights its achievements and challenges in economic, environmental and social performance in its 2011 sustainability report, released earlier this year and available on entergy.com.
Dow Jones Sustainability Index
This year, Entergy earned top scores in five areas, reflecting excellence across all three dimensions of the scorecard -- economic, environmental and social:
- Price risk management
- Climate strategy
- Corporate citizenship/philanthropy
DJSI follows a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. Each year, the world's 2,500 largest companies from 58 business sectors are invited to report on their sustainability performance. The result of the assessment provides an in-depth analysis of broad business criteria as well as unique industry challenges in areas such as corporate governance, supply chain, water-related risks and stakeholder engagement, with a special focus on industry-specific risks and opportunities.
Carbon Disclosure Project Carbon Disclosure Leadership Index -- highlights strong, deliberate and specific risk management
The Carbon Disclosure Project, which represents 655 institutional investors with $78 trillion in assets, recognized Entergy for its approach to the disclosure of climate change information. The index highlights companies demonstrating a strong approach to information disclosure regarding on carbon emissions, sustainability, and climate change risk.
Entergy's score of 94 on a 100-point scale marked a nine-point increase over 2011 results. High scores indicate good internal data management and understanding of climate change issues affecting the company.
The index is compiled by PwC as an evaluation tool for institutional investors and other stakeholders. Emphasis is on strong, deliberate and specific climate risk management. In 2012 the leadership index comprises 53 companies from the S&P 500 based on analysis of the responses to CDP's questionnaire which focused on greenhouse gas emissions, emissions reduction targets and the risks and opportunities identified with regard to climate change.
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including more than 10,000 megawatts of nuclear power, making it one of the nation's leading nuclear generators. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 15,000 employees.
S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies, Inc., is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets.
The Carbon Disclosure Project 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 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.