ST. LOUIS, May 14, 2020 /PRNewswire/ -- Utilizing
fiscal 2019 data, Spire just released its second annual Corporate
Social Responsibility report which tracks social
responsibility metrics based on the Global Reporting Initiative
(GRI) index. In one year, Spire increased overall performance by 9
percent on 107 economic, environmental and social indicators while
adding commitments for the future.
"There's a saying that what you measure matters. And last year,
as part of our commitment to holding ourselves accountable for
being a responsible corporate citizen, we released our first-ever
CSR report," said Spire President and CEO Suzanne Sitherwood. "This year's report provides
a deeper look into what we believe, how we're committing to those
beliefs, and how we're measuring and delivering results on those
commitments. It shares where we're headed as a trusted energy
provider. We're so excited to share not only what we've done, but
how our beliefs influence every decision we make."
The inaugural report, which detailed Spire's fiscal 2018
GRI-informed index and its impact in four key areas
—the environment, community, people and leadership, garnered
Spire's inclusion on Newsweek's The Good List which recognizes
the top responsible companies in the U.S. Other honors included
recognition from the Women's Forum of New
York for diversity in Spire's board membership, and
placement as a finalist for the St. Louis Business Journal's
Corporate Philanthropy Awards.
Key achievements for Spire's fiscal 2019 report include:
- Spire invested $287 million to
replace 359 miles of aging infrastructure, resulting in a 21
percent leak reduction per 1,000 system miles of distribution
pipelines
-
- As an active member of the EPA's Natural Gas STAR Methane
Challenge program, Spire reduced annual methane emissions by 5
percent, up from 2 percent the previous year
- Since 2005, Spire has reduced overall methane emissions by 39
percent
- Spire launched advanced safety protocols, including a mobile
app that enables employees to promptly report incidents, claims and
more
-
- With a continued focus on safety, employee injury rates dropped
for the fifth year in a row, marking a 29 percent year-over-year
improvement and an overall improvement of 48 percent since fiscal
2015
- Other people-focused accomplishments include developing a
comprehensive approach to supporting employees in four
areas—mental, physical, social and financial well-being
- Focused on building tomorrow's workforce, Spire entered into a
strategic partnership to create a new cooperative learning
experience for students attending technical college
- Spire's top 100 leaders serve on more than 150
industry-related, non-profit business and community boards
- The company achieved full engagement of leadership and its
board corporate governance committee in reviewing and approving its
CSR report
Highlights of the CSR report include the following
commitments:
- Environment. A commitment to further reduce methane emissions
from operations—in alignment with international goals for
controlling climate change—targeting a 53 percent reduction from
2005 levels by 2025, while striving to be carbon neutral company by
midcentury
- Community. A commitment to continuously building a more diverse
workforce through partnerships with technical schools and
opportunities for advanced learning
- People. A commitment to achieving the goals of the CEO Action
for Diversity & Inclusion Pledge
- Leadership. A commitment to maintaining a board of directors
that reflects diverse backgrounds, experiences, expertise, skill
sets and viewpoints, as well as diversity of age, gender,
nationality, race and ethnicity
Spire's complete CSR report can be accessed here.
About Spire
At Spire Inc. (NYSE: SR), we believe energy exists to help make
people's lives better. It's a simple idea, but one that's at the
heart of our company. Every day we serve 1.7 million homes and
businesses making us the fifth largest publicly traded natural gas
company in the country. We help families and business owners fuel
their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses
include Spire Marketing, Spire STL Pipeline and Spire Storage. We
are committed to transforming our business through growing
organically, investing in infrastructure, and advancing through
innovation. Learn more at SpireEnergy.com.
Media Contact:
Raegan Johnson
314-342-3300
Raegan.Johnson@SpireEnergy.com
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SOURCE Spire Inc.