Entergy 2008 Annual Report Download - page 11

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ntergy Corporation is more than a group of people
or a collection of assets. It is an adaptive organization
defined by its values and aspirations, and governed by its
business model, policies and systems. Entergy strives to create
sustainable value for its many stakeholders along financial,
societal and environmental dimensions. This approach has
proven effective in meeting a variety of challenges over the
past decade.
In fact, Entergy has demonstrated consistent industry
leadership in multiple areas as evidenced by the following
performance and recognition.
n Over the past 10 years, Entergy has delivered a total
shareholder return of 269 percent, compared to 70 percent
for the Philadelphia Utility Index and -13 percent for the
S&P 500. While we are not satisfied with the total shareholder
return we delivered in 2008, our focus has never been on
delivering short-term results. Instead, we remain committed
to demonstrating leadership over the long term.
n In 2008, Entergy utility employees executed the fastest and
safest storm restoration in the company’s history following
two back-to-back, devastating hurricanes. We received both
the Edison Electric Institute Emergency Assistance Award
and the Emergency Recovery Award for our response to
2008 storms. In fact, we are the only utility to have received
either the Assistance and/or Recovery Award every year since
1999, when this recognition was initiated.
n
Entergy is routinely recognized for its excellent corporate
governance practices. In 2008, we received a perfect 10 rating
from GovernanceMetrics International. Of 4,200 companies
reviewed, just 1 percent received a perfect score. Institutional
Shareholder Services Corporate Services awarded Entergy
a 100 percent rating for corporate governance in its utility
ranking. Entergy received a 98.5 percent index rating,
placing us among the very top performers in the S&P 500.
n Entergy has been named to the exclusive Dow Jones
Sustainability World Index for seven consecutive years and we
have been the only U.S. utility on the World Index for the last
three years. Entergy ranked best-in-class for environmental
policy and management systems, and for talent attraction
and retention. We scored in the top percentile for corporate
governance and climate strategy.
n Entergy was once again named one of the 100 Best
Corporate Citizens by Corporate Responsibility Officer
magazine in 2009 and was the top utility company for the
second time in three years. Entergy ranked 10th out of 100
based on a weighted average of rankings in seven key areas:
ENTERGY CORPORATION
– Charles Darwin
ENTERGY CORPORATION AND SUBSIDIARIES 2008
nor the most intelligent, but the one most responsive to change.”
We are prepared, with the resources – including our long-term aspirations,
point-of-view-driven business model and experienced employees – that we need to
meet the challenges that lie ahead.
E
9