AGL wins sustainability award

Wednesday, 09 December, 2009

AGL Energy Ltd has won the Australasian Investor Relations Association award for Best Environmental, Social & Governance Disclosure by an Australasian Company.

This award further solidifies AGL’s reputation as one of Australia’s leading businesses in relation to sustainability performance.

AGL Group Head of Corporate Affairs Paul Simshauser said, "We are delighted that the association has recognised how seriously we take sustainability as it pertains to environmental, social and governance disclosure.

"As we demonstrated by holding our inaugural sustainability webcast recently, these are not peripheral issues for AGL. These are issues core to our business.

"We have positioned ourselves as Australia's leading integrated renewable energy company and we have long advocated the sort of investment certainty which can only come for business once the country has a carbon policy in place.

"AGL is committed to continuous disclosure so that our investors and potential investors have the knowledge that they need to make informed investment decisions. We understand that our sustainability performance is increasingly an important part of how we're judged by the investment community,” Simshauser said.

Other AGL key sustainability achievements include:

  • The only Australian integrated energy company to have been included in the Dow Jones Sustainability Index (DJSI World).
  • For the third year in a row, AGL has been included on the Carbon Disclosure Project’s Carbon Disclosure Leadership Index (CDLI - Australia New Zealand). Ranked third globally among electric utilities, it was the only Australian utility to be named among the 38 Australian and New Zealand companies on the index.
  • Winner of the Special Award for the Environment at the Ethical Investor Annual Sustainability Awards in December 2008, acknowledging AGL’s strategic response to climate change and AGL’s disclosure record in relation to greenhouse gas emissions.
  • A constituent company in the FTSE4Good Index Series, which measures the performance of companies that meet globally recognised corporate responsibility standards.
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