Entergy Honored
for Excellence in Climate Change Strategy,
Named to the Climate
Leadership Index for Third Year in a Row
Sep 26, 2006 - PR Newswire
NEW ORLEANS, Sept. 26 /PRNewswire-FirstCall/ -- Entergy Corp. (NYSE:
ETR) 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
http://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
http://
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.
Entergy's online address is
http://www.entergy.com
SOURCE Entergy Corporation
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