Named to the Climate Leadership Index for
Third Year in a Row
New Orleans, La. - Entergy Corp. was honored as “Best in Class” for its
approach to climate change in a report released last week by the Carbon
Disclosure Project, a coalition of global investors with more than $31.5
trillion in assets.
The CDP report is a survey of the world’s 500 largest companies regarding
climate change. In the report, Entergy was included in the “Climate Leadership
Index,” a prestigious index for global corporations addressing the challenges of
global warming.
The Climate Leadership Index is comprised of companies that showed
distinction in their responses to the Carbon Disclosure Project survey based on
their reporting of greenhouse gas emissions and an independent assessment of
Entergy’s climate change strategies.
“We are proud to be recognized for our efforts by the leaders of the fight
against climate change,” said J. Wayne Leonard, chairman and CEO of the Entergy
Corporation. “For Entergy, in the short run, continued global warming means
coastal erosion and conditions that endanger our communities and our customers.
In the long run, no one can predict with any degree of accuracy how much
hardship and devastation climate change could mean to future generations.
Fighting for what’s right, particularly for those who are unable or not around
to defend themselves, is not only a business decision, it is who we are as a
company.”
Candidates for the Climate Leadership Index were assessed relative to their
peers in 10 highest carbon-impact clusters. CDP used a proprietary carbon risk
model to analyze the net carbon exposure of all industry sectors represented in
the Financial Times 500. On the basis of this analysis, it selected the 10
industry clusters with the highest exposure to carbon risks and opportunities.
The methodology used to score company responses to CDP4 can be found in Appendix
II of the online report, which is available at
www.cdproject.net.
Entergy was judged among the best in the utility sector. Climate Leadership
Index members in this sector were distinguished by their strategic awareness of
the risks and opportunities of a carbon constrained environment, as well as the
quality and effectiveness of programs put in place to reduce overall greenhouse
gas emissions.
“Entergy has set itself apart by enacting a commendable response to global
climate change,” said CDP Coordinator, Paul Dickenson. “The global investment
community is keenly aware of the risks associated with climate change and hope
corporations such as Entergy provide a solid example for others in its peer
group to follow.”
The Carbon Disclosure Project is a special project of Rockefeller
Philanthropy Advisors in New York. The group of investors is not a legal entity
and the Carbon Disclosure Project has no authority to make any other statement
on behalf of the participants. Full details on CDP, the CDP reports and the
responses from corporations can be found at
www.cdproject.net.
Entergy Corporation is an integrated energy company engaged primarily in
electric power production, retail distribution operations, energy marketing and
trading, and gas transportation. 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 $10 billion and
approximately 14,000 employees.
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Entergy’s online address is www.entergy.com.