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CIN Cinergy Corp

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Share Name Share Symbol Market Type
Cinergy Corp NYSE:CIN NYSE Ordinary Share
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Cinergy Named Sustainability Leader for Third Straight Year

09/09/2005 6:13pm

Business Wire


Cinergy (NYSE:CIN)
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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.

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