NiSource Named to S&P Dow Jones Sustainability Indices for 10th Consecutive Year

NiSource Inc. (NYSE: NI), one of the largest fully-regulated utility companies in the United States, has been named to the Dow Jones Sustainability Indices (DJSI) for 2023, recognizing the company as a global leader for its environmental, social, and corporate governance (ESG) initiatives and ethical standards. It marks the 10^th consecutive year that NiSource has been named to the DJSI.

“Earning this designation for an entire decade underscores our longstanding commitment for environmental stewardship and placing our customers, employees, and the communities we serve at the forefront of everything we do,” said Michael Luhrs, NiSource’s Executive Vice President of Strategy and Risk and Chief Commercial Officer. “We are planning for a sustainable future that includes diverse energy options that will help ensure we meet the needs of those we serve for generations to come.”

NiSource’s DJSI recognition comes in part for its progress towards its 2040 goal of net zero by reducing Scope 1 and Scope 2 greenhouse gas emissions from its operations, achieving a 67-percent Scope 1 reduction since 2005. The company is also on track to retire all coal assets by 2028, replacing them with renewable energy sources. Its inclusionary focus includes a goal of reaching a 25-percent diverse supplier spend by 2025.

“We firmly believe that folding strong environmental, social, and governance initiatives into our overall business and investment strategies enhances our record of sustainability and adds value for us as a utility company,” said Dan Creekmur, NiSource’s Senior Vice President and Chief Sustainability Officer. “Our focus does not stop here. There are opportunities for us to continue strengthening our ESG position as we look to innovative ways to efficiently deliver energy as a trusted community partner.”

The DJSI are float-adjusted market capitalization weighted indices that measure the performance of companies selected using ESG criteria – including practices related to environmental concerns, economic development and inclusion, supply chain standards, and risk management. The DJSI was launched in 1999 as a pioneering global sustainability benchmark available in the market. The index family is comprised of global, regional, and country benchmarks.

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