Agenda

Recent Lawsuits Give Rise to Board-Level Safety Committees

Leonel Rondon was killed in September 2018 after a control line on a century-old natural gas pipeline in Lawrence, Massachusetts, failed, detonating a home and sending its chimney crashing down onto the car he was sitting in.

The explosion that killed 18-year-old Rondon was one of several and, as it was later revealed, resulted from antiquated recordkeeping concerning the pipeline, which was owned and operated by Columbia Gas of Massachusetts, a then-subsidiary of NiSource.

…In 2018, there were 34 companies in the S&P 500 with board-level safety committees. That number climbed to 41 this year, according to SEC filings. The data, which was compiled by searching proxy filings for companies with stand-alone committees with the word “safety” in their names, was provided through public company intelligence provider MyLogIQ.

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