HOUSTON, July 1, 2019 /PRNewswire/ -- CenterPoint Energy,
Inc. (NYSE: CNP) today announced the release of its 2018 Corporate
Responsibility Report, Shared Impact. The report, which provides an
overview of the company's environmental, social, and governance
(ESG) performance and strategy, follows the Global Reporting
Initiative (GRI) framework and was prepared in accordance with the
GRI Standards: Core option. The company has also incorporated both
the American Gas Association's and Edison Electric Institute's
Version 1 ESG template into its annual reporting activities to
better serve its stakeholders.
"Our 2018 Corporate Responsibility Report focuses on how we
engage with our stakeholders, approach environmental stewardship,
support our communities, and provide a safe, inclusive workplace,"
said Scott Prochazka, president and
chief executive officer of CenterPoint Energy. "We continue to make
progress in these areas since our first Corporate Responsibility
Report was published in 2016."
Highlights include:
Environmental: Filed a proposal with the Minnesota Public
Utilities Commission seeking approval to introduce a renewable
natural gas (RNG) green tariff pilot program to Minnesota customers. If approved, the company
would be one of the first natural gas providers in the United States to offer RNG as part of its
commitment to sustainability.
Social: Employees supported more than 400 nonprofit
boards and advisory councils through approximately 300 employees
serving in volunteer leadership positions. Employees also
contributed more than 130,000 employee volunteer hours, which
equates to $2.78 million in labor
when calculated using the Independent Sector's value of
$24.69 for a volunteer hour.
Governance: Established an ESG Council to identify,
evaluate and recommend strategic direction and opportunities on an
ongoing basis that promote ESG objectives aligned with CenterPoint
Energy's vision and long-term strategic plan.
Merger with Vectren
In April 2018, CenterPoint Energy
and Vectren Corporation announced their plans to merge and the
transaction was successfully completed on Feb. 1, creating a combined company with a
unified set of values, vision, strategy and culture. While
CenterPoint Energy's 2018 Corporate Responsibility Report covers
CenterPoint Energy's legacy activities as of year-end 2018, the
2019 report is expected to include data for the combined company.
Legacy Vectren's 2018 GRI Index is available on the Investors
section of www.CenterPointEnergy.com.
Headquartered in Houston,
Texas, CenterPoint Energy, Inc. is an energy delivery
company with regulated utility businesses in eight states and a
competitive energy businesses footprint in nearly 40 states.
Through its electric transmission & distribution, power
generation and natural gas distribution businesses, the company
serves more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's competitive energy
businesses include natural gas marketing and energy-related
services; energy efficiency, sustainability and infrastructure
modernization solutions; and construction and repair services for
pipeline systems, primarily natural gas. The company also owns 53.8
percent of the common units representing limited partner interests
in Enable Midstream Partners, LP, a publicly traded master limited
partnership that owns, operates and develops strategically located
natural gas and crude oil infrastructure assets. With approximately
14,000 employees and nearly $34
billion in assets, CenterPoint Energy and its predecessor
companies have been in business for more than 150 years. For more
information, visit www.CenterPointEnergy.com.
For more information contact
Media:
Alicia Dixon
Phone
713.207.5885
Investors:
David Mordy
Phone
713.207.6500
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SOURCE CenterPoint Energy, Inc.