The utility monopoly has increasingly pledged its commitment to ESG, including environmental extremists’ objective of net-zero electricity generation by 2050 and net-zero methane emissions by 2030. Duke goes so far as to brag in its ESG report that it lobbied North Carolina to codify its net zero goals into law. The company also intends to impose its net-zero ambitions on upstream and downstream suppliers. Lynn J. Good , chairwoman, president, and CEO of Duke Energy, has stated that the company’s entire business strategy is focused on how to achieve carbon reduction.
Duke is so maniacally obsessed with net-zero targets that executive pay is tied to ESG goals . Good’s pay jumped to $21.35 million in 2022, almost 30% more than her $16.45 million total for 2021. Other senior executives also saw dramatic pay boosts.
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