CHARLOTTE, N.C., Jan. 30,
2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) has been
recognized by Fortune magazine as one of the World's Most Admired
Companies for 2025. This is the eighth consecutive year the company
has made the list, ranking as one of the top four gas and electric
utilities for the fourth year in a row.
"Delivering safe, reliable and affordable energy to our
customers and communities is at the core of everything we do," said
Lynn Good, Duke Energy's chair and
CEO. "Being recognized by our industry peers, directors and
analysts in Fortune's list of World's Most Admired Companies is a
testament to the dedication and hard work of our employees who
drive innovation and power the communities we serve every day."
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.
Recent company performance highlights:
Prioritizing grid reliability – In 2024, smart, self-healing
technology helped to avoid more than 2.3 million customer outages
across Duke Energy's six-state service area, saving around 11
million hours of total outage time. More than 75% of those benefits
were achieved during major storms. Around 60% of Duke Energy
customers are served by self-healing and automated power
restoration technology, with a goal of serving 80% or more over the
next few years.
Supporting our communities – Duke Energy and its foundation
marked the milestone of investing more than $22 million since 2019 to support nonprofits and
local organizations on the front lines of disaster preparedness and
response. The support centered on strengthening community
resilience and safety with Duke Energy Foundation grants focused on
delivering immediate relief in times of crisis and equipping first
responders with advanced tools, customized training and life-saving
equipment to boost readiness.
Preparing for the future – We experienced robust economic
development growth in our service territories across a diverse set
of industries, including batteries, semiconductors,
pharmaceuticals, data centers and more, which will lead to
meaningful load growth and economic benefits for the communities we
serve. Through 2028, we are projecting average overall load
growth of 1.5% to 2% per year.
Duke Energy
Duke Energy (NYSE:
DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of
America's largest energy holding companies. The company's electric
utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio
and Kentucky, and collectively own
54,800 megawatts of energy capacity. Its natural gas unit serves
1.7 million customers in North
Carolina, South Carolina,
Tennessee, Ohio and Kentucky.
Duke Energy is executing an ambitious clean energy transition,
keeping reliability, affordability and accessibility at the
forefront as the company works toward net-zero methane emissions
from its natural gas business by 2030 and net-zero carbon emissions
from electricity generation by 2050. The company is investing in
major electric grid upgrades and cleaner generation, including
expanded energy storage, renewables, natural gas and advanced
nuclear.
More information is available at duke-energy.com and the
Duke Energy News Center. Follow Duke Energy on X, LinkedIn,
Instagram and Facebook, and visit illumination for stories about
the people and innovations powering our energy transition.
Contact: Cedric Page
24-Hour: 800.559.3853
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SOURCE Duke Energy
