Lynn J. Good  /  Chairman, President and Chief Executive Officer

A Message From Our CEO

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Energy remains the lifeblood of the economy, but our industry is undergoing a major transformation. To continue successfully powering lives and communities, we need to embrace change as never before.

This environment provides an opportunity to innovate – and sustainability remains central to our plan to create a smarter energy future for customers.

2017 proved Duke Energy is doing just that. We unveiled our 10-year vision for our company, and we executed it while delivering safe, affordable, cleaner energy and preparing for what’s next.

Our Results in 2017

As this report shows, we delivered strong results. Here are a few highlights:

  • We have reduced our generation fleet’s carbon dioxide emissions by 31 percent from our 2005 levels and recycled 80 percent of our solid waste last year – one year ahead of target.
  • Our energy efficiency programs helped customers reduce energy consumption and peak demand by more than 14,400 gigawatt-hours and 5,300 megawatts, respectively.
  • As of year-end 2017, Duke Energy owned or had under contract over 6,400 megawatts of wind, solar and biomass energy.
  • We maintained our industry-leading safety performance, reduced reportable environmental events for the third straight year and nearly broke the company record for our nuclear fleet’s capacity factor.
  • We increased our quarterly dividend by 4 percent and now have paid one for 92 consecutive years.
  • Our Foundation, company and employees donated over $52 million. And our Economic Development team helped attract more than 12,000 jobs and over $5.9 billion in capital investments.
In 2017, we unveiled our 10-year vision for our company and we executed it while delivering safe, affordable, cleaner energy and preparing for what’s next.

Planning for the Future

Our company is linked with serving the public. That’s predicated on our belief that we can do well for our investors while doing good for the environment and those who have a stake in our company.

For more than a decade, we have provided an update on our environmental stewardship through this report. In March, we also issued a new Climate Report, detailing our ongoing efforts to mitigate risks from climate change, reduce emissions and plan our future investments.

Building A Smarter Energy FutureSM

What we do at Duke Energy matters far beyond providing reliable natural gas and electricity. Our approach to sustainability pushes us to do more – to leave a positive, long-term impact on the environment and communities we serve.

As I look ahead, I remain as confident as ever in our vision for a smarter energy future, our focus on sustainability and the strategy we’re executing to get there.

Our approach to sustainability pushes us to do more – to leave a positive, long-term impact on the environment and communities we serve.

 

Lynn J. Good
Chairman, President and
Chief Executive Officer

April 9, 2018