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Duke Energy Foundation helps make Florida's natural resources more resilient with $285,000 in grants

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Duke Energy Foundation has announced $285,000 in grants to support environmental vitality and resiliency across Florida. Ten environmental organizations will receive funding for initiatives focused on improving Florida's habitat and waterways. Recipients include Bok Tower Gardens for wildlife corridor development, The Nature Conservancy for Florida Wildlife Corridor preservation, and various other organizations working on wetland improvements, bird protection, and coastal resiliency projects. Over the past five years, the Foundation has committed more than $3 million to ecological initiatives and natural disaster response in Florida.

La Fondazione Duke Energy ha annunciato sovvenzioni per un totale di 285.000 dollari per sostenere la vitalità e la resilienza ambientale in tutta la Florida. Dieci organizzazioni ambientaliste riceveranno finanziamenti per iniziative volte a migliorare l'habitat e le vie d'acqua della Florida. I beneficiari includono Bok Tower Gardens per lo sviluppo di corridoi faunistici, The Nature Conservancy per la preservazione del Florida Wildlife Corridor e varie altre organizzazioni che lavorano al miglioramento delle paludi, alla protezione degli uccelli e a progetti di resilienza costiera. Nell'ultimo quinquennio, la Fondazione ha impegnato oltre 3 milioni di dollari in iniziative ecologiche e nella risposta a disastri naturali in Florida.

La Fundación Duke Energy ha anunciado 285,000 dólares en subvenciones para apoyar la vitalidad y resiliencia ambiental en toda Florida. Diez organizaciones ambientales recibirán fondos para iniciativas centradas en mejorar el hábitat y las vías fluviales de Florida. Los beneficiarios incluyen Bok Tower Gardens para el desarrollo de corredores de vida silvestre, The Nature Conservancy para la preservación del Corredor de Vida Silvestre de Florida y diversas otras organizaciones que trabajan en mejoras de humedales, protección de aves y proyectos de resiliencia costera. En los últimos cinco años, la Fundación se ha comprometido a destinar más de 3 millones de dólares a iniciativas ecológicas y respuesta a desastres naturales en Florida.

듀크 에너지 재단은 플로리다 전역의 환경 활력과 회복력을 지원하기 위해 285,000달러의 보조금을 발표했습니다. 10개의 환경 단체가 플로리다의 서식지와 수로 개선에 초점을 맞춘 이니셔티브를 위해 자금을 받게 됩니다. 수혜자에는 야생동물 회랑 개발을 위한 보크 타워 가든, 플로리다 야생동물 회랑 보존을 위한 네이처 컨서버시, 습지 개선, 조류 보호 및 해안 회복력 프로젝트를 진행하는 다양한 다른 단체가 포함됩니다. 지난 5년간, 이 재단은 플로리다의 생태 이니셔티브 및 자연 재해 대응을 위해 300만 달러를 초과하는 금액을 기탁했습니다.

La Fondation Duke Energy a annoncé 285 000 dollars de subventions pour soutenir la vitalité et la résilience environnementale à travers la Floride. Dix organisations environnementales recevront des financements pour des initiatives axées sur l'amélioration de l'habitat et des voies navigables de la Floride. Parmi les bénéficiaires, on trouve les Bok Tower Gardens pour le développement des corridors fauniques, The Nature Conservancy pour la préservation du Corridor de la faune de Floride et diverses autres organisations travaillant sur l'amélioration des zones humides, la protection des oiseaux et des projets de résilience côtière. Au cours des cinq dernières années, la Fondation a engagé plus de 3 millions de dollars dans des initiatives écologiques et la réponse aux catastrophes naturelles en Floride.

Die Duke Energy Stiftung hat 285.000 US-Dollar an Zuschüssen angekündigt, um die Umweltvitalität und -resilienz in Florida zu unterstützen. Zehn Umweltorganisationen erhalten Mittel für Initiativen, die sich auf die Verbesserung des Lebensraums und der Gewässer Floridas konzentrieren. Zu den Empfängern gehören die Bok Tower Gardens zur Entwicklung von Wildtierkorridoren, The Nature Conservancy zur Erhaltung des Florida Wildlife Corridors sowie verschiedene andere Organisationen, die an Feuchtgebietsverbesserungen, Vogelschutz und Projekten zur Küstenresilienz arbeiten. In den letzten fünf Jahren hat die Stiftung mehr als 3 Millionen US-Dollar für ökologische Initiativen und die Reaktion auf Naturkatastrophen in Florida bereitgestellt.

Positive
  • Demonstrates continued environmental commitment and corporate social responsibility
  • Strengthens community relations in Duke Energy's service area
Negative
  • None.

Insights

The $285,000 grant allocation represents a minimal financial commitment relative to Duke Energy's size and market capitalization. While environmentally positive, this initiative is primarily a corporate social responsibility effort with negligible impact on the company's financial performance or stock value. The $3 million spent over five years on environmental initiatives in Florida amounts to just 0.01% of Duke Energy's annual revenue.

The grants support important ecological projects but are unlikely to materially affect Duke Energy's regulatory standing or operational capabilities in Florida. This type of environmental stewardship is standard practice for utility companies and aligns with existing sustainability commitments rather than representing a new strategic direction.

  • Ten organizations across Florida receive funding to support resiliency efforts benefiting Florida's ecosystem
  • Over the past five years, the Duke Energy Foundation donated more than $3 million to environmental resiliency and disaster recovery in Florida

ST. PETERSBURG, Fla., Nov. 14, 2024 /PRNewswire/ -- Today, the Duke Energy Foundation announced $285,000 in grants to support the environmental vitality and resiliency of communities across Florida. Ten environmentally focused organizations will receive funding to continue Duke Energy's investment in the state's natural resources.

"Florida's natural resources are integral to the quality-of-life residents and visitors cherish," said Melissa Seixas, Duke Energy Florida state president. "Duke Energy Florida's investment allows us to help preserve, protect and expand what is unique to our state and the communities we serve."

The grant recipients have initiatives focused on improving Florida's habitat and waterways through preservation and resiliency measures.

One grantee is Bok Tower Gardens in Polk County. The organization is utilizing funding to continue to build a healthy wildlife and pollinator corridor. This work includes habitat restoration in two locations between Mountain Lake and Bok Tower Gardens by planting native, flowering plants to benefit pollinators, and supplying food and shelter to birds, as well as gopher tortoises.

"We are honored to have this contribution as we work to save rare plant species in our area," said David Price, president and CEO of Bok Tower Gardens. "Thanks to Duke Energy, we are more powerful in our efforts to safeguard the environment."

A complete list of grant recipients and supported initiatives is below:

  • The Nature Conservancy: Preserve the Florida Wildlife Corridor and support wildlife connectivity through resilient communities and equitable conservation
  • Bok Tower Gardens: Continuation of construction for healthy wildlife and pollinator corridor
  • Highlands County Board of County Commissioners: Highlands County Sun-n-Lake Preserve improvements
  • Audubon Center for Birds of Prey: Protecting Florida's Bald Eagles
  • Ducks Unlimited: Ducks Unlimited marsh wetland improvement
  • Clearwater Marine Aquarium: Healthy Habitat and Oceans (H2O) education initiative
  • Tampa Bay Watch: Coquina Key bird island coastal resiliency project
  • Coastal Conservation Association: CCA Florida clam restoration, mangrove nursery and restoration site equipment
  • Franklin's Promise Coalition: OysterCorps
  • Horse Farms Forever: 2024 Conservation Summit: Springs Forever

These 10 organizations are the most recent iteration of a consistent focus from Duke Energy on environmental resiliency investments. Over the last five years, the Duke Energy Foundation has committed more than $3 million to ecological initiatives and natural disaster response in Florida.

For more information about the Duke Energy Foundation, please visit duke-energy.com/community/duke-energy-foundation/Florida

Duke Energy Foundation
The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy (NYSE: DUK), owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Media contact: Audrey Stasko
Media line: 800.559.3853

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-foundation-helps-make-floridas-natural-resources-more-resilient-with-285-000-in-grants-302305899.html

SOURCE Duke Energy

FAQ

How much did Duke Energy Foundation (DUK) grant for Florida's environmental initiatives in 2024?

Duke Energy Foundation granted $285,000 to support environmental vitality and resiliency initiatives across Florida in 2024.

How many organizations received Duke Energy Foundation (DUK) environmental grants in Florida?

Ten environmental organizations received Duke Energy Foundation grants to support various ecological initiatives in Florida.

How much has Duke Energy Foundation (DUK) invested in Florida's environmental initiatives over the past 5 years?

Duke Energy Foundation has committed more than $3 million to ecological initiatives and natural disaster response in Florida over the past five years.

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