NextEra Energy, Inc. receives best-in-class preparedness assessment in S&P Global Ratings evaluation

Published on June 19, 2019 by Kevin Randolph

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NextEra Energy, Inc. announced Monday that it received a best-in-class preparedness assessment and a final ESG Evaluation score of 86 in S&P Global Ratings’ Environmental, Social and Governance (ESG) Evaluation.

The S&P Global Ratings ESG Evaluation is an analysis of a company’s ability to operate successfully now and in the future. The scores reflect an organization’s sustainability efforts and can help investors understand the company’s strategy, purpose, and management quality, especially in the areas of environmental, social, and governance.

“We are pleased to be recognized for our leading ESG efforts by S&P Global Ratings,” Jim Robo, NextEra Energy chairman and CEO, said. “We are deeply committed to doing well by doing good, and that means respecting our environment, providing value for our customers, sustaining our communities, focusing on continuous improvement and innovation, investing in our team and growing shareholder value.”

NextEra Energy also announced a new emissions reduction goal to reduce its carbon dioxide (CO2) emissions rate by 67 percent by 2025, from a 2005 baseline.

“Today, we are furthering our commitment to the environment with the announcement of a new goal to continue reducing our carbon dioxide emissions,” Robo said. “This goal underscores our deep commitment to environmental protection and stewardship, one of the key areas of our company’s sustainability efforts. At NextEra Energy, we firmly believe that we have an unprecedented opportunity to shape how energy is produced and delivered. By investing in smart infrastructure and innovative clean energy solutions, we’re helping build a sustainable energy future that is affordable, efficient and clean, while at the same time creating tens of thousands of jobs and generating economic benefits for the communities we serve.”

NextEra Energy also recently published its annual sustainability report, which includes performance-based data regarding NextEra Energy’s environmental and social activities in 2018. The report notes the company achieved its lowest-ever emissions rates of CO2, sulfur dioxide (SO2) and nitrogen oxide (NOx), which were 96 percent, 81 percent, and 55 percent lower, respectively, than the U.S. electric sector averages.