Cinergy (NYSE:CIN)
Historical Stock Chart
From Dec 2019 to Dec 2024
Cinergy Corp. (NYSE:CIN) has been named to the Dow Jones
World Sustainability Indexes, an international benchmark for
excellence in social, economic and environmental leadership, for the
third straight year.
Cinergy is one of only two utility companies in the United States,
and eight in the world, to be named to the Indexes. The World Indexes
cover the top 10 percent of the 2,500 largest companies in the world,
providing asset managers with objective and reliable benchmarks to
manage sustainability portfolios.
"Sustainability is a way of looking at our business through the
eyes of our children and grandchildren," said James E. Rogers,
chairman and chief executive officer of Cinergy. "I believe we make
better choices when we frame the business decisions we make today with
the question: How will those decisions be viewed by our grandchildren
a generation from now? Being recognized by Dow Jones as a leader in
corporate citizenship is gratifying and really speaks to the
dedication our employees have to their work and to the communities we
serve."
Launched in 1999, the Dow Jones Sustainability Indexes are the
first global indexes that track the corporate citizenship performance
of the leading sustainability-driven companies worldwide. The Indexes'
detailed surveys provide a thorough assessment of general and
industry-specific sustainability criteria and are verified by an
external auditor.
Cinergy provided extensive data about its business philosophy and
programs that are designed to promote economic growth in the
communities it serves, to meet social and environmental needs and to
provide a safe and attractive workplace for employees. The company's
Sustainability Annual Report is available on the Internet at
http://www.cinergy.com/sustainability/.
Cinergy Corp. has a balanced, integrated portfolio consisting of
two core businesses: regulated operations and commercial businesses.
Cinergy's regulated public utilities in Ohio, Indiana, and Kentucky
serve 1.5 million electric customers and about 500,000 gas customers.
In addition, its Indiana regulated company owns 7,000 megawatts of
generation. Cinergy's competitive commercial businesses have 6,300
megawatts of generating capacity with a profitable balance of stable
existing customer portfolios, new customer origination, marketing and
trading, and industrial-site cogeneration. Cinergy's integrated
businesses make it a Midwest leader in providing both low-cost
generation and reliable electric and gas service.
This document includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking statements are
based on management's beliefs and assumptions. These forward-looking
statements are identified by terms and phrases such as "anticipate",
"believe", "intend", "estimate", "expect", "continue", "should",
"could", "may", "plan", "project", "predict", "will", and similar
expressions. Forward-looking statements involve risks and
uncertainties that may cause actual results to be materially different
from the results predicted. Factors that could cause actual results to
differ materially from those indicated in any forward-looking
statement include, but are not limited to, unanticipated weather
conditions; unscheduled generation outages; unusual maintenance or
repairs; unanticipated changes in costs; environmental incidents,
including costs of compliance with existing and future environmental
requirements; electric transmission or gas pipeline system
constraints; legislative and regulatory initiatives; additional
competition in electric or gas markets and continued industry
consolidation; financial or regulatory accounting principles;
political, legal, and economic conditions and developments in the
countries in which we have a presence; changing market conditions and
other factors related to physical energy and financial trading
activities; the performance of projects undertaken by our
non-regulated businesses and the success of efforts to invest in and
develop new opportunities; availability of, or cost of, capital;
employee workforce factors; delays and other obstacles associated with
mergers, acquisitions, and investments in joint ventures; and costs
and effects of legal and administrative proceedings, settlements,
investigations, and claims. Please refer to the company's SEC filings
for additional information concerning factors that could cause actual
results to differ materially from those in the forward-looking
statements. The Company undertakes no obligation to update the
information contained herein.