Aug 30, 2019
ALLENTOWN, Pa., Aug. 30, 2019 /PRNewswire/ -- As part of PPL Corporation's ongoing commitment to transparent environmental, social and governance (ESG) reporting, the company today (8/30) published its investor-focused Edison Electric Institute (EEI) and American Gas Association (AGA) ESG report.
The reporting template, part of an ongoing initiative by EEI and its member companies, was developed in 2017 to help provide investors with more uniformity and better consistency for ESG metrics. PPL Corporation participated in the pilot initiative and was one of the first companies to publish disclosures in September 2017. In response to feedback from investors, PPL added new disclosures addressing governance and oversight of cybersecurity and natural gas operations.
"Investors and other stakeholders view ESG and sustainability issues as important indicators of a company's performance," said Christine Martin, vice president of public affairs and sustainability for PPL Corporation and co-chair of EEI's sustainability committee. "PPL's active participation in the development of the EEI-AGA ESG reporting template is a key part of the company's disclosures along with our annual sustainability report, CDP response and Climate Assessment Report. Together, these disclosures highlight our strategy to grow and innovate in a responsible, reliable way that benefits customers, shareowners, employees and society as a whole."
The most recent report, available here, includes data from 2018 about PPL's operations and incorporates feedback from company investors.
PPL's efforts in 2018 to advance a more sustainable energy future included:
PPL also publishes an annual sustainability report that highlights the company's sustainability commitments and achievements in a number of areas such as innovation and technology, safety and reliability, workforce development, customer satisfaction and community support.
Headquartered in Allentown, Pennsylvania, PPL Corporation (NYSE: PPL) is one of the largest companies in the U.S. utility sector. PPL's seven high-performing, award-winning utilities serve more than 10 million customers in the United States and United Kingdom. With more than 12,000 employees, PPL is dedicated to providing exceptional customer service and reliability and delivering superior value for shareowners. To learn more, visit www.pplweb.com.
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