Entergy releases 2018 integrated shareholder, sustainability report

Published on April 05, 2019 by Dave Kovaleski

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Entergy Corp.’s 2018 Integrated Report, which provides an overview of the company’s economic, environmental and social performance for the year.

Entergy is one of just a few major U.S. companies to consolidate these documents into a single integrated report to highlight the company’s business strategy and economic, social and governance performance.  

“The needs of our key stakeholders – customers, employees, communities and owners – are inextricably linked and are constantly evolving,” Leo Denault, Entergy chairman and CEO, said. “They want a partner who provides more than just safe, reliable and affordable electricity and gas. They want us to help them achieve their aspirations. Fortunately, Entergy has been thoughtfully working for years to meet those high expectations and make our customers’ lives better. We’re building the utility of the future, and we’re doing so with a purpose that ensures long-term, enhanced value for all our stakeholders.”

The report outlines how the company is investing in new technologies, like advanced meters, which will be installed for all its utility customers over the next three years. Also, the company has a plan to reduce its carbon dioxide emission rate to 50 percent below year 2000 levels by 2030. Further, Entergy is replacing its aging infrastructure with new, efficient and cleaner generation sources, while strengthening its transmission infrastructure to be more reliable and resilient.

The company will also continue to focus on attracting, developing and retaining a talented and diverse workforce, while promoting the well-being of the communities it serves by partnering to improve access to education, eliminate poverty and strengthen economic development.

Entergy became the first U.S. energy provider to voluntarily combine its annual shareholder report with its sustainability report in 2014. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and nearly 13,700 employees.