Spectra Energy Corp Ranked No. 1 in the Utilities Sector on Corporate Responsibility Magazine's Top 10 Best Corporate Citizens List

HOUSTON, Oct. 4, 2012 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has the lead ranking in the Utilities Sector for Corporate Responsibility Magazine's "Top 10 Best Corporate Citizens List," a further defined ranking by industry sector of its prestigious "100 Best Corporate Citizens List." This list is recognized as a leading assessment of corporate responsibility performance.

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"We're honored to be recognized as a Top 10 Best Corporate Citizen in the Utilities Sector and especially to be ranked first," said Greg Ebel, president and chief executive officer, Spectra Energy Corp. "Our employees are the driving force behind our sustainability focus – they're committed to our goals and champion them daily. We succeed and thrive by achieving the right balance among economic, environmental and social considerations that are critical to our stakeholders."

The "100 Best Corporate Citizens List," which rates large-cap Russell 1000 companies, documents more than 320 data points of disclosure in seven categories: environment, climate change, employee relations, human rights, governance, finance and philanthropy.

Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For more than a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company's operations in the United States and Canada include more than 19,000 miles of transmission pipeline, approximately 305 billion cubic feet of storage, as well as natural gas gathering and processing, natural gas liquids and local distribution operations. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy is a member of the Dow Jones Sustainability World and North America Indexes and the Carbon Disclosure Project's Global 500 and S&P 500 Carbon Disclosure Leadership Indexes. For more information, visit www.spectraenergy.com.

SOURCE Spectra Energy Corp