Two organizations recognize company’s standout
environmental and social performance
New Orleans, La. – Corporate Responsibility Officer magazine today named
Entergy Corporation (NYSE: ETR) as one of the top ten corporate citizens in the
United States. For the second time in three years, Entergy was the
highest-ranking utility company on CRO’s honored list.
CRO publisher Jay Whitehead announced the magazine’s 10th annual 100 Best
Corporate Citizens List during a news conference in New York City. First
published in 2000 by Business Ethics Magazine, the Citizens List is the
most-recognized corporate responsibility ranking of Russell 1000 companies. It
is based on publicly available information that is used to rank performance in
seven key areas: environment, climate change, human rights, philanthropy,
employee relations, financial and governance.
“Social and environmental responsibility is embedded in our corporate DNA,”
said J. Wayne Leonard, Entergy’s chairman and chief executive officer.
“Recognition as a top corporate citizen is a very special and important
achievement for us as we continue to aggressively pursue smart carbon policy for
a sustainable future.”
The 100 Best Corporate Citizens List was compiled for CRO by IW Financial, a
leading provider of socially responsible investment rankings to institutional
investors. The final designation of the 100 best companies was determined by
averaging the ranks within the seven categories. Entergy has now appeared on the
CRO Best Corporate Citizens List for three consecutive years.
“In today’s deep recession, human capital and financial capital seek safety —
and companies on the 100 Best Corporate Citizens List are today’s safest
harbors,” Whitehead said.
A complete list of CRO’s Best Corporate Citizens is available on the CRO Web
site (www.thecro.com).
In another recently announced list, Entergy was honored as Best in Class for
environmental and social performance by Storebrand, a SRI financial services
company. Storebrand’s ranking is based on an analysis of 53 companies worldwide
that represent the electric utilities industry, independent power producers and
energy traders.
The main indicators for analysis included climate change, environmental
management and governance. Companies that ranked in the top 30 percentile of
environmental and social performance qualified for investment by Storebrand’s
Best in Class funds. Only 14 companies were chosen as Best in Class for the 2009
analysis with Entergy being one of only two U.S.-based companies included on the
list.
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, and it is the second-largest nuclear generator in the United States.
Entergy delivers electricity to 2.7 million utility customers in Arkansas,
Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $13
billion and approximately 14,300 employees.
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Entergy’s online address is www.entergy.com.