Pinnacle West Capital Corporation
PNW Stock Jan 6, 2009 at 13:27 ET 32.74  -0.90   
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View the 2007 Annual Report
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2007 Annual Report


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Awards & Recognitions

While the company does not take part in sustainable practices to garner awards, Pinnacle West and its subsidiaries received third party recognition for its sustainability programs in 2007. Here are some highlights: 

  • Pinnacle West was named one of the Global 100 Most Sustainable Corporations in the World by Corporate Knights at the 2007 World Economic Forum in Davos, Switzerland. This is the fourth year in a year that Pinnacle West has been named a Global 100 company.
  • Pinnacle West has the highest rating (AAA) and is ranked in the top two of utilities in the United States by Innovest Strategic Value Advisors in a comprehensive analysis on the U.S. Electric Power Sector covering the environmental, social and governance factors of the largest publicly-traded utility companies.  Pinnacle West has received the AAA rating from Innovest each time since Innovest started evaluating the company in 2001.
  •  Pinnacle West was listed in the 2007 Dow Jones North America Sustainability Index  and the 2006 Dow Jones United States Sustainability Index as a sustainability leader in the electric industry indexes, for the third year in a row.
  • The Company earned "best in class" status in 2007 by Storebrand Socially Responsible Investment for its leading environmental and social performance.
  • APS was named EPA/DOE 2007 Energy Star Partner of the Year from the U.S. Environmental Protection Agency for the APS Energy Star Residential Lighting Program.
  • APS won an Award of Merit  in the Valley Forward Environmental Excellence Awards, for the APS educational program "Road to Renewable Energy"
  • APS was awarded an Exemplary Award from the American Council for an Energy-Efficient Economy (ACEEE), recognizing the APS Energy Star Residential Lighting Program as one of America's leading energy efficiency programs
  • For the 11th straight year, APS won the Tree Line USA Award by the Arizona Community Tree Council in recognition of APS' leadership in urban forestry and environmental stewardship
  • The Better Business Bureau (BBB) awarded APS with its 2008 Business Ethics Award for APS' business ethics approach and our "Doing the Right Thing" corporate philosophy.
  • In 2007, the APS Volunteer Program was named a finalist by the Points of Light Foundation for its Awards for Excellence in Workplace Volunteer Programs.  As a finalist, the recognition honors the more than 170,000 hours of volunteer time donated by employees to more than 400 charitable, cultural and educational organizations and programs throughout Arizona and New Mexico.
  • The APS Saguaro solar trough was featured on ABC News’ live 20/20 program, Planet Earth 2007: Seven Ways to Help Save the World, a live ABC News program that aired in April, and was also featured in a special green section produced by The New York Times in March, 2007.
  • The company’s emissions-to-biofuels project at the Redhawk Power Plant was featured in an October 2007 National Geographic cover story about how plants are being developed into fuel.

More Awards and Recognition

 

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