Duke Energy Reflects on Black History Month

Rhea-AI Summary

Duke Energy celebrates Black History Month and highlights its clean energy transition goals. The company aims for net-zero methane emissions by 2030 and net-zero carbon emissions by 2050, with interim targets set for emission reductions. Duke Energy has been recognized on Fortune's 'World's Most Admired Companies' list and Forbes' 'World's Best Employers' list.

NORTHAMPTON, MA / ACCESSWIRE / February 29, 2024 / Duke Energy

Black History Month

98 years ago, Carter G. Woodson, the "father of Black history" established what he called Negro History Week. He dreamt of Black history being included and taught in public schools and selected the second week of February. Now, almost 100 years later, his dream of inclusivity is reflected in the actions and words that we demonstrate not only during Black History Month, but throughout the year.

As the daughter of a public school teacher, Black History Month has been a pillar in my personal journey of discovery as a lifelong learner. My focus this year is the dream of those who came before me.

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 ambitious 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.

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View additional multimedia and more ESG storytelling from Duke Energy on 3blmedia.com.

Contact Info:
Spokesperson: Duke Energy
Website: https://www.3blmedia.com/profiles/duke-energy
Email: info@3blmedia.com

SOURCE: Duke Energy

View the original press release on accesswire.com

FAQ

What are Duke Energy's clean energy transition goals?

Duke Energy aims for net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050.

How many customers does Duke Energy serve?

Duke Energy serves 8.2 million electric utility customers and 1.6 million natural gas customers in various states.

What recognition has Duke Energy received?

Duke Energy was named to Fortune's 'World's Most Admired Companies' list and Forbes' 'World's Best Employers' list.

What are Duke Energy's interim carbon emission reduction targets?

Duke Energy has set targets for at least 50% reduction from electric generation by 2030, 50% for certain Scope 2 and Scope 3 emissions by 2035, and 80% reduction from electric generation by 2040.

What technologies is Duke Energy exploring for zero-emission power generation?

Duke Energy is exploring technologies such as hydrogen and advanced nuclear for zero-emission power generation.