PSEG Named to the Dow Jones Sustainability Index
September 03 2009 - 11:14AM
PR Newswire (US)
NJ energy company remains focused on sustainability and committed
to economic, environmental and social responsibility NEWARK, N.J.,
Sept. 3 /PRNewswire-FirstCall/ -- Public Service Enterprise Group
(NYSE:PEG) has been named for a second year to the Dow Jones
Sustainability North America Index (DJSI North America), a list
comprised of the leading 20% of North American companies in terms
of sustainability performance. The results of the DJSI are watched
by market participants and are used by asset managers in 16
countries to manage a variety of sustainability-driven portfolios,
such as mutual funds. "We agree with those who say that long-term
shareholder value is created by embracing opportunities and
managing risks derived from economic, environmental and social
developments," said Ralph Izzo, chairman, president and CEO of
PSEG. "We are committed to the key ingredients that drive long-term
financial growth: operational excellence and disciplined
investment." PSEG was one of 139 companies named to the DJSI North
America list, and one of only 10 U.S. electric companies to be
listed on the index. Launched in 1999, the Dow Jones Sustainability
Indexes track the financial performance of the leading
sustainability-driven companies worldwide. The DJSI selects leading
companies for investment purposes, based on the quality of a
company's strategy and management and its performance in dealing
with opportunities and risks deriving from economic, environmental
and social developments. Building on its long standing leadership
in environmental reporting and transparency, PSEG recently released
its 2009 Sustainability Report. The report highlights PSEG's
commitment to social, economic and environmental responsibility,
underscores accomplishments in the sustainability arena and
discusses challenges the company faces in its quest to be a leader
in providing safe, reliable, economic and green energy. It is
available online at http://www.pseg.com/sustainability. Public
Service Enterprise Group (PSEG) (NYSE:PEG) is a publicly traded
diversified energy company with annual revenues of more than $13
billion, and three principal subsidiaries: PSEG Power, Public
Service Electric and Gas Company (PSE&G) and PSEG Energy
Holdings. Want to know what's new at PSEG? Go to
http://www.pseg.com/getnews and sign up to have our press releases
and weekly environmental commentaries sent right to your inbox.
DATASOURCE: Public Service Enterprise Group (PSEG) CONTACT: Jenn
Kramer, +1-973-430-6027 Web Site:
http://www.pseg.com/sustainability
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