Get the latest delivered to your inbox
Privacy Policy

Now Reading

Corporate Responsibility Publication Names Entergy Best Corporate Citizen in Utility Industry

Corporate Responsibility Publication Names Entergy Best Corporate Citizen in Utility Industry

Published 10-24-07

Submitted by Entergy Corporation

NEW ORLEANS, Oct. 24 /PRNewswire-FirstCall/ -- Corporate Responsibility Officer magazine has selected Entergy Corporation (NYSE: ETR) for its 10 Best Corporate Citizens in 2007, an annual list that provides clear visibility to corporate citizenship leaders within the chemical, energy, financial, media and utility industries. For the utility industry, Entergy ranked number one out of 88 North American companies evaluated.

The CRO distinction comes on the heels of Entergy's other notable achievements in 2007: listed on the Dow Jones Sustainability Index and Climate Disclosure Leadership Index for its financial, social and environmental performance; named by Forbes magazine as one of "America's Most Trustworthy Companies" for accounting transparency and fair dealing to stakeholders; and, rated top utility by Institutional Shareholder Services for corporate governance, outperforming 99.8 percent of companies in the S&P 500.

The CRO, a corporate membership organization for corporate responsibility officers, drew upon a broad base of data to evaluate environmental, social, governance and financial issues. The CRO enlisted a consulting firm, IW Financial, to analyze each company's performance in eight categories: environment, climate change, human rights, employee relations, corporate governance, lobbying, philanthropy and financial. As part of the research process, IW Financial relied on data from several sources including company financial disclosures, sustainability reports and Environmental Protection Agency databases. The final designation of the "10 Best" companies was determined by averaging the ranks within the eight categories.

"Entergy is steadfast in its commitment to corporate responsibility," said J. Wayne Leonard, Entergy's chairman and CEO. "We are always mindful of our moral responsibilities to our employees, customers, shareholders and communities. We strive to be the company you want to do business with, where you want your children to work and where you want to invest your money."

In leading the pack for the utility industry, Entergy ranked first overall and scored in the top quartile in seven of the eight categories evaluated: human rights, corporate governance, environment, climate change, philanthropy, financial and employee relations. A complete list of the CRO's "10 Best" companies and rankings by industry is available on the CRO Web site (http://www.thecro.com).

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 2.6 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $10 billion and approximately 14,500 employees.

Entergy's online address is http://www.entergy.com.

Entergy Corporation Logo

Entergy Corporation

Entergy Corporation

Entergy is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

Corporate Social Responsibility at Entergy

For more than 100 years, Entergy has powered life in our communities through strategic philanthropy, volunteerism and advocacy. Entergy’s corporate social responsibility initiatives help create and sustain thriving communities, position the company for sustainable growth and are aligned with the United Nations Sustainable Development Goals. Our top CSR priorities are education/workforce development, poverty solutions/social services and environmental programs. Entergy annually contributes $16-$18 million in shareholder-funded grants to approximately 2,000 nonprofit organizations in the communities where we operate. In addition, our employees volunteer more than 100,000 hours in those communities' values at more than $3 million.

More from Entergy Corporation

Join today and get the latest delivered to your inbox