MERRILLVILLE, Ind., Sept. 22, 2003 — For the third consecutive year, NiSource Inc. has earned inclusion in the Dow Jones Sustainability World Indexes (DJSI World), an international benchmark for excellence in economic, environmental and social leadership.
NiSource is one of three U.S.-based utilities and 18 utilities worldwide to make the list.
The DJSI World defines corporate sustainability as a business approach that creates long-term shareholder value. Sustainability leaders embrace opportunities and manage risks that derive from economic, environmental and social developments. As the importance of these trends increases, a growing number of investors integrate economic, environmental and social criteria into their stock analysis and use sustainability as a proxy indicator for innovative and future-oriented management, according to DJSI-World’s web site.
The Dow Jones Sustainability Indexes were launched in 1999 as the world’s first equity benchmark to track the financial performance of sustainability leaders worldwide. The DJSI World includes more than 300 companies from 23 countries that lead their industry in terms of corporate sustainability.
“NiSource companies continue to integrate environmental stewardship and social responsibility into business practices,” said Gary Neale, NiSource chairman, president and chief executive officer. “We are proud that these efforts have once again earned NiSource recognition as one of the world’s most sustainable companies.”
For more details on the DJSI World and a full listing of companies included in the index, see the web site, www.sustainability-indexes.com .
NiSource Inc. is a Fortune 500 holding company with headquarters in Merrillville, Ind., whose core operating companies engage in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. NiSource operating companies deliver energy to more than 3.7 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England. Information about NiSource and its subsidiaries is available at www.nisource.com .