Merrillville-based NiSource has been named to the 2024 Dow Jones Sustainability Indices for the 11th consecutive year.
The Dow Jones Sustainability Indices are float-adjusted market capitalization weighted indices that measure the performance of companies using environmental, social and governance criteria.
This is a testament to our resolve to be accountable environmental stewards whose mission is to deliver safe, reliable energy, said Melody Birmingham, NiSource executive vice president and group president for utilities.
“As a company, our business strategy extends beyond delivering energy,” Birmingham said in a press release. “It also purposefully includes an ESG framework that allows NiSource to help drive economic development and inclusion opportunities in the communities we serve.”
The Dow Jones Sustainability Indices, including the Dow Jones Sustainability World Index, were launched in 1999 as global sustainability benchmarks. The index is comprised of global, regional and country benchmarks. The sustainability indices highlight companies that fulfill sustainability criteria within their industry.
The indices compare peer companies on items measuring performance and management of ESG risks, opportunities and impacts. NiSource received high marks in all three ESG categories and in key areas such as waste and water management, climate strategy, business ethics and occupational health and safety.
“Sustainability matters to our customers, employees, investors and the communities we serve,” Kristi Jones, NiSource vice president of public affairs and sustainability, said. “We know that there are exciting, innovative opportunities ahead for us to do even more as a company to help firmly establish a bright and sustainable future for the environment and our stakeholders.”
NiSource serves approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands.