Duke Vitality ranked No. 1 amongst U.S. utilities for investor transparency

Duke Vitality ranked No. 1 amongst U.S. utilities for investor transparency

CHARLOTTE, N.C. – WEBWIRE

Duke Vitality (NYSE: DUK) has been ranked No. 1 amongst U.S. utilities for investor transparency in 2021 by an self sustaining world communications firm that specializes in corporate disclosure paperwork.

Atlanta-basically based completely mostly Labrador reviewed the proxy statements, SEC Invent 10-K filings and web living investor pages of all S&P 250 corporations – the nation’s 250 largest corporations in accordance to market capitalization.

The firm ranked Duke Vitality’s disclosure paperwork No. 1 for investor transparency amongst the nation’s utilities – and No. 7 amongst all corporations – in accordance to quality and completeness of recordsdata.

[p”For the 3rd consecutive year, Duke Energy scored among the Top 20 for overall corporate transparency,” Labrador said. “It’s clear that Duke Energy places an emphasis on providing clear and meaningful disclosure to its stakeholders. The company goes beyond regulation, and provides the additional information key stakeholders are seeking.”[/p]

“Per annum, the (rating) criteria evolve and address more complications as the wants of the investor neighborhood grow, nonetheless the mission of these awards stays the identical: Transparency creates self belief and attributable to this truth mark for corporations and their stakeholders,” Labrador added.

The assessment covers varied criteria that mediate what Labrador calls “the four pillars of transparency” – accessibility, precision, comparability and availability.

“Duke Vitality makes transparency a high priority,” acknowledged Kodwo Ghartey-Tagoe, Duke Vitality executive vice president, chief correct officer and company secretary. “Offering positive, total and with out be troubled accessible recordsdata to our prospects, patrons and quite lots of the oldsters is a cornerstone of our company’s dedication to integrity and openness.”

Duke Vitality online pages and paperwork reviewed by Labrador embody:

Duke Vitality

Duke Vitality (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is assumed to be one of The United States’s largest vitality keeping corporations. Its electric utilities lend a hand 7.9 million prospects in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively assemble 51,000 megawatts of vitality skill. Its pure gas unit serves 1.6 million prospects in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,500 other folks.

Duke Vitality is executing an aggressive brilliant vitality blueprint to fabricate a wiser vitality future for its prospects and communities – with wishes of no now no longer as a lot as a 50 p.c carbon reduction by 2030 and web-zero carbon emissions by 2050. The company is a high U.S. renewable vitality provider, heading in the correct direction to assemble or buy 16,000 megawatts of renewable vitality skill by 2025. The company additionally is investing in valuable electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation applied sciences comparable to hydrogen and developed nuclear.

Duke Vitality modified into as soon as named to Fortune’s 2021 “World’s Most Admired Companies” list and Forbes’ “The United States’s Perfect Employers” list. Extra recordsdata is on hand at duke-vitality.com. The Duke Vitality News Heart contains news releases, truth sheets, pictures and movies. Duke Vitality’s illumination parts tales about other folks, improvements, neighborhood subject issues and environmental complications. Follow Duke Vitality on Twitter, LinkedIn, Instagram and Fb.

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