Business View Magazine | October 2020

7 BUSINESS VIEW MAGAZINE OCTOBER 2020 ENTERGY COMMITS TO ACHIEVING NET-ZERO CARBON EMISSIONS BY 2050 E ntergy Corporation, a national leader in sustainability and environmental stewardship, announced recently that it is accelerating its climate action goals with a commitment to achieving net-zero carbon emissions by 2050. The company also reaffirmed its continued commitments to grid reliability and affordability for customers. “Entergy remains focused on helping our stakeholders achieve their most ambitious aspirations in a reliable, affordable, and sustainable way through new technologies and innovative solutions. In 2001, we were the first utility in the nation to voluntarily limit carbon emissions and today’s 2050 climate commitment is another major step forward in enabling customers to achieve their desired outcomes while consuming the least amount of resources,” said Leo Denault, Entergy’s Chairman of the Board and CEO. “As we deliver on our promises to customers, regulators, and all key stakeholders, it’s critical that we do so in a manner that promotes a cleaner, more sustainable future.” • Key actions by Entergy include: Ongoing integration of renewable energy resources, storage, and innovative applications of conventional generation into the company’s long-term generation portfolio transformation. Also, continuing investment in existing zero- carbon nuclear power and in modern, efficient natural gas generating units, while retiring our coal and older, less efficient gas-powered units. • Evaluating and enhancing the company’s portfolio transformation with emerging technologies, such as distributed resources, alternative fuels likes renewable natural gas and green hydrogen, carbon capture and sequestration, and advanced nuclear. • Collaborating with customers, key suppliers and industry partners to advance the technologies and strategies necessary to reduce carbon emissions. • Continuing to engage with partners and gain experience enhancing natural systems such as wetlands and forests that absorb carbon. • Working across and between sectors, such as transportation and industry, on beneficial electrification and net-emission reduction initiatives. Additionally, new agreements with Invenergy for renewable energy development and Mitsubishi Power for fuel supply emissions reduction solutions are advancing the company’s sustainability objectives. Entergy and Invenergy have agreed to co-develop renewable energy facilities in the Gulf South region. Entergy’s OPENING L INES