Duke Energy is once again one of the most admired companies in the world, according to Fortune magazine.
The publication’s updated “World’s Most Admired Companies” list ranks Duke Energy as the No. 131 most-admired company, and the No. 7 within the utility sector. Duke Energy has been a staple in the Fortune ranking, appearing for four years running.
The ranking is based on an independent survey of executives, directors and industry analysts. 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.
Duke Energy fared best in the social responsibility category, likely a reflection of its commitment to green energy — the company recently announced plans to slash emissions and double its renewable energy capacity, and earlier this month the Public Service Commission approved its plan to build 10 more solar installations over the next four years.
Duke’s commitment to renewables also landed it on the Dow Jones Sustainability Index for the 15th year in a row.
“We’re grateful to receive this recognition on behalf of our talented team of nearly 30,000 employees who work every day delivering a smarter and cleaner energy future to our customers,” said Lynn Good, Duke Energy’s chair, president and CEO.
“To deliver on our vision to achieve net-zero carbon emissions by 2050, we’re transforming and reshaping our company, from how we generate power and transform our fleet to the role we play in society. Even in this uncertain time, our teammates have worked tirelessly to ensure customers receive the value and experience they expect.”
The utility company provides about 10,200 megawatts of owned electric capacity to around 1.8 million customers in Florida. It serves about 7.7 million customers across the country.