CHARLOTTE, NC – As Duke Energy continues to make significant progress in delivering the affordable, reliable and clean energy its customers and communities count on, the company was recently named to the Dow Jones Sustainability Index (DJSI) for North America for the 17th consecutive year. .
“As we lead the largest clean energy transition in the US, our stakeholders care about the impact we’re making on issues like diversity and inclusion, climate change and economic development,” he said. said Katherine Neebe, director of sustainability and philanthropy at Duke Energy. “This recognition helps validate that our strategy delivers business results and social results.”
Duke Energy believes in a responsible pace of change, which balances today’s technologies with tomorrow’s innovations to eliminate carbon emissions while preserving affordability and reliability for its customers and communities:
- The company leads the industry in addressing 95% of its total scope 1, 2 and 3 greenhouse gas emissions.
- In terms of scope 1 emissions, the company is on track to exceed its 2030 target to reduce carbon emissions from electricity generation by at least 50% and meet its 80% reduction targets by 2040 compared to a 2005 baseline on its way to net zero. carbon in 2050.
- Earlier this year, the company set a 50% reduction target by 2035 and net zero by 2050 for Scope 2 emissions and certain Scope 3 emissions, compared to a 2021 baseline for its electricity generation and natural gas business unit.
- Nearly 85% of the company’s 10-year, $145 billion capital plan is directed toward clean energy transformation and will fund generation fleet transition and grid modernization.
- The company’s total carbon dioxide output has dropped 44% since 2005. The company has already retired 56 coal units since 2010, representing approximately 7,500 MW and, pending regulatory approval , pledged to retire its entire coal-fired fleet by 2035.
- The company is taking significant steps toward customer affordability, including making investments to reduce volatility and future fuel costs and taking advantage of clean energy tax credits.
- Duke Energy established a team of dedicated customer advocate agencies to partner with government and nonprofit organizations, helping customers access more than $200 million in financial support over the past two years.
- The company published just transition principles focused on four key areas: employees, customers, communities and economic development.
It is critical that the company makes the transition for tomorrow in a way that also benefits society today. This includes committing more than $8.6 million to social justice and racial equity organizations through 2020.
Since 1999, the DJSI has assessed the sustainability of leading companies worldwide. By selecting the best performers from each business sector, the DJSI reviews companies on various general and industry-specific topics related to economic, environmental and social dimensions.
Topics assessed by DJSI include corporate governance, innovation management, environmental policy, climate strategy, human capital development and corporate citizenship. The index is compiled annually by S&P Dow Jones Indices.
Since 2007, Duke Energy has published an annual Sustainability Report. The 2021 ESG Report is available online.
About Duke Energy
Duke Energy (NYSE: DUK ), a Fortune 150 company headquartered in Charlotte, North Carolina, is one of the largest energy holding companies in the United States. Its electric companies serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.
Duke Energy is executing an aggressive clean energy transition to achieve its goals of net zero methane emissions from its natural gas business by 2030 and zero net carbon emissions from electricity generation by 2050. The company has interim carbon emissions targets of at least a 50% reduction in electricity generation by 2030, 50% for Scope 2 and certain emissions upstream and downstream of Scope 3 by 2035, and 80% of electricity generation by 2040. In addition, the company is investing in major power grid improvements and energy storage, and exploring emissions-free power generation technologies such as hydrogen and advanced nuclear.
Duke Energy was named to Fortune’s 2022 “World’s Most Admired Companies” list and to Forbes’ “America’s Best Employers” list. More information available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy coverage includes stories about people, innovation, community issues and environmental issues. Keep Duke Energy on TwitterLinkedIn, Instagram and Facebook.
Contact: Shawna Berger
24 hours: 800.559.3853
Twitter: @DE_ShawnaB
