CHARLOTTE, N.C., Feb. 9, 2024
/PRNewswire/ -- Duke Energy (NYSE: DUK) has been recognized by
Fortune magazine as one of the World's Most Admired
Companies for 2024. This is the seventh consecutive year the
company has made the list, ranking as one of the top four gas and
electric utilities for the third year in a row.
"Providing safe, reliable and affordable energy is foundational
to serving our customers and communities. It is an honor for Duke
Energy to be recognized by industry peers, directors and analysts
in Fortune's list of World's Most Admired Companies," said
Lynn Good, Duke Energy's chair,
president and CEO. "This recognition belongs to the talented,
dedicated employees who deliver for our customers every day as we
lead one of the nation's largest energy transitions."
To determine the industry rankings, executives, directors and
industry analysts are independently surveyed and companies are
rated on nine attributes: innovation, people management, use of
corporate assets, social responsibility, quality of management,
financial soundness, long-term investment, quality of
products/services, and global competitiveness.
Duke Energy's inclusion on the 2024 World's Most Admired
Companies list builds on the company's recent recognition as one of
the top 100 Most JUST Companies.
Recent company performance highlights
- Supporting our communities – Duke Energy and its
foundation marked the milestone of investing more than $70 million since the beginning of 2021 to
support nonprofits and other programs dedicated to help those in
need. The support centered on affordability-focused Duke Energy
Foundation grants, utility bill pay assistance for low-income
customers and energy efficiency programs.
- Prioritizing grid reliability – Duke Energy continues
modernizing and strengthening the nation's largest investor-owned
grid. During Hurricane Idalia, self-healing grid technologies saved
more than 7 million customer outage minutes in Florida.
- Advancing the clean energy transition – The company
remains on track to reach 30,000 megawatts of owned, operated or
contracted renewables on its system by 2035.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150
company headquartered in Charlotte,
N.C., is one of America's largest energy holding companies.
Its electric utilities 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 27,600
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 net-zero carbon emissions from electricity
generation by 2050. The company has interim carbon emission targets
of at least 50% reduction from electric generation by 2030, 50% for
Scope 2 and certain Scope 3 upstream and downstream emissions by
2035, and 80% from electric generation by 2040. In addition, the
company is investing in major electric grid enhancements and energy
storage, and exploring zero-emission power generation technologies
such as hydrogen and advanced nuclear.
Duke Energy was named to Fortune's 2023 "World's Most Admired
Companies" list and Forbes' "World's Best Employers" list. More
information is available at duke-energy.com. The Duke Energy News
Center contains news releases, fact sheets, photos and videos.
Duke Energy's illumination features stories about people,
innovations, community topics and environmental issues. Follow Duke
Energy on Twitter, LinkedIn, Instagram and Facebook.
24-hour media line: 800.559.3853
View original content to download
multimedia:https://www.prnewswire.com/news-releases/duke-energy-named-one-of-the-worlds-most-admired-companies-thanks-to-its-commitment-to-innovation-sustainable-business-and-more-302058669.html
SOURCE Duke Energy