NEW ORLEANS, Sept. 18, 2019 /PRNewswire/ -- Entergy
Corporation (NYSE: ETR) has earned a place on the 2019 Dow Jones
Sustainability North America Index, one of just four U.S. companies
in the index's Electric Utilities sector named to the list. Entergy
is the only U.S. electric utility in the sector to be included on
the index for 18 consecutive years.
"As we work to become the premier utility, we are honored to be
recognized by the DJSI for the actions taken not only to advance
our core business of providing safe, reliable, affordable and
increasingly clean energy to our customers, but also to create
sustainable value for our customers, employees, communities and
owners," said Leo Denault, Entergy's
chairman and CEO. "Sustainability helps ensure that every decision
we make as a business not only serves the needs of one stakeholder
but benefits all. This index acknowledges Entergy's solid
foundation and forward-thinking strategy for a bright, sustainable
future."
The DJSI evaluates the sustainability of leading companies
worldwide. The North America Index tracks the performance of the
top 20% of the 600 largest North American companies in the S&P
Global Broad Market Index that lead the field in sustainable
business practices. Only companies that excel in developing and
implementing long-term economic, environmental and social
strategies and actions are included on the index. Entergy earned
perfect scores in the areas of materiality, policy influence,
climate strategy, water-related risks, and corporate citizenship
& philanthropy and top decile performance in the areas of
corporate governance, codes of business conduct, transmission &
distribution, and labor practice indicators.
Learn more about Entergy's sustainable business practices by
reviewing "When does 1 = more?," the company's integrated report
that summarizes its economic, environmental and social performance
for the year. Some of the 2018 highlights include:
- Entergy's sustainability strategy helps attain the global
objectives of the United Nations Sustainable Development Goals,
including No Poverty, Affordable and Clean Energy, Decent Work and
Economic Growth, Industry Innovation and Infrastructure, and
Climate Action.
- The company provides power at some of the lowest average retail
rates in the country.
- A $900 million investment in
advanced metering systems will provide customers faster outage
restoration, enhanced customer service, cost savings and more
control over energy use.
- Entergy is nationally recognized as one of the Top 10 utilities
for supporting economic growth.
- With an estimated 25% of customers living at or below the
poverty level, Entergy's low-income customer assistance initiatives
are helping drive economic self-sufficiency.
- The company contributed nearly $18
million in shareholder-funded grants to more than 2,000
local nonprofit organizations to ensure the communities we serve
remain healthy and vibrant.
- Entergy is helping create jobs across the region through a
five-year, $5 million workforce
development initiative. Since its launching, 87 companies located
within the company's service area and almost 10,000 permanent new
jobs were created.
- Company employees and retirees donated nearly 112,000 volunteer
hours helping others, generating more than $3.5 million in economic impact to local
communities, helping earn Entergy national recognition as one of
the top 50 most community-minded companies in the country.
- The company is acquiring, retaining and developing a workforce
that reflects the diversity of its communities to meet today's
business needs and to prepare for the workplace of tomorrow.
- The company is an industry leader in helping drive U.S.
greenhouse gas emission reductions. Ranked fifth among the 20
largest privately- or investor-owned power producers in
the United States, Entergy is the
fourth lowest in carbon dioxide emissions.
- Entergy continues to raise the bar on environmental
responsibility. Its new pledge is to reduce its utility carbon
emission rate to 50% below year 2000 levels by 2030.
- The company also recently announced new clean generation
resources to be added between 2022 and 2030, including
approximately 3,500 to 4,000 of renewable potential.
Supporting information on sustainability at Entergy can be found
at entergy.com/sustainability and in the company's renewed
environmental commitment, "Climate Scenario Analysis and Evaluation
of Risks and Opportunities." Learn more about this year's Dow Jones
Sustainability Index here.
About Entergy Corporation
Entergy Corporation (NYSE: ETR) is an integrated energy company
engaged primarily in electric power production and retail
distribution operations. Entergy owns and operates power plants
with approximately 30,000 megawatts of electric generating
capacity, including nearly 9,000 megawatts of nuclear power.
Entergy delivers electricity to 2.9 million utility customers in
Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of
approximately $11 billion and
approximately 13,500 employees.
Cautionary Note Regarding Forward-Looking Statements
In this news release, and from time to time, Entergy Corporation
makes certain "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include, among other things, Entergy's
plans and expectations with respect to its current operational and
capital plans, greenhouse gas reduction goals and strategies, and
other statements of Entergy's plans, beliefs or expectations
included in this news release. Readers are cautioned not to place
undue reliance on these forward-looking statements, which apply
only as of the date of this news release. Except to the extent
required by the federal securities laws, Entergy undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Forward-looking statements are subject to a number of risks,
uncertainties and other factors that could cause actual results to
differ materially from those expressed or implied in such
forward-looking statements, including (a) those factors discussed
elsewhere in this news release and in Entergy's most recent Annual
Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q
and Entergy's other reports and filings made under the Securities
Exchange Act of 1934; (b) uncertainties associated with (1) rate
proceedings, formula rate plans and other cost recovery mechanisms,
including the risk that costs may not be recoverable to the extent
anticipated by the utilities and (2) implementation of the
ratemaking effects of changes in law; (c) uncertainties associated
with efforts to remediate the effects of major storms and recover
related restoration costs; (d) risks associated with operating
nuclear facilities, including plant relicensing, operating and
regulatory costs and risks; (e) changes in decommissioning trust
fund values or earnings or in the timing or cost of decommissioning
Entergy's nuclear plant sites; (f) legislative and regulatory
actions and risks and uncertainties associated with claims or
litigation by or against Entergy and its subsidiaries; (g) risks
and uncertainties associated with strategic transactions that
Entergy or its subsidiaries may undertake, including the risk that
any such transaction may not be completed as and when expected and
the risk that the anticipated benefits of the transaction may not
be realized; (h) effects of changes in federal, state or local laws
and regulations and other governmental actions or policies,
including changes in monetary, fiscal, tax, environmental or energy
policies; and (i) the effects of technological changes and changes
in commodity markets, capital markets or economic conditions; and
(j) impacts from a terrorist attack, cybersecurity threats, data
security breaches or other attempts to disrupt Entergy's business
or operations, and other catastrophic events.
entergy.com
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Twitter: @Entergy
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SOURCE Entergy Corporation