Duke Energy Grows Renewables by 20 Percent in 2021

ESG Report shows progress on mission to reach net-zero carbon emissions
May 4, 2022 10:55 AM ET

By Jessica Wells

Duke Energy is leading the nation’s largest clean energy transition, and its ESG Report released on April 26 shows how the company has increased solar and wind capacity by 20 percent in 2021 and reduced carbon emissions by 44 percent since 2005.

By 2030, the company aims to reduce carbon emissions by at least 50 percent. By 2050, the company plans to reach net-zero carbon emissions by generating at least half of its electricity from carbon-free sources like nuclear, hydroelectric and a growing portfolio of solar, wind and batteries and new technologies.

The ESG Report (formerly Sustainability Report) is the company’s 16th annual disclosure on environment, social and governance (ESG) topics.

“Our ESG strategy is focused on how we create value while at the same time mitigate the risks associated with our business,” said Katherine Neebe, Duke Energy’s chief sustainability officer and president, Duke Energy Foundation. “As we lead the most ambitious clean energy transition in our industry, we will continue to track and report our progress.”

Find the ESG Report here to learn more about how Duke Energy is generating cleaner energy, reducing emissions, supporting diversity and serving its customers. Below, meet some of the Duke Energy teammates who support the company’s ESG themes to make the nation’s largest clean energy transition possible.

Justice, Equity and Inclusion

Climate Resiliency

Vibrant Economies

Employees, Customers and Communities

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