Commitment to Sustainability
Entergy’s leadership in sustainability and environmental stewardship has been a hallmark of who we are for nearly two decades. It is a critical part of our future too. In 2002, Entergy’s board of directors adopted a visionary sustainability and environmental statement to “develop and conduct our business in a responsible manner that is environmentally, socially, and economically sustainable.”
As validation of our long-term commitment to sustainability, in 2019 Entergy was once again named to the Dow Jones Sustainability Index. We are the only U.S. electric utility to be included on the DJSI for 18 consecutive years. We earned perfect scores in climate strategy, corporate citizenship and philanthropy, water-related risks, materiality, and policy influence. We demonstrate our leadership through our daily actions, such as our climate strategy, environmental stewardship, attracting and developing talent, continuous performance improvement, and initiatives that strengthen communities. Strong corporate governance ensures continued transparency, accountability, successful execution on our strategy, and alignment with the company’s mission.
Sustainability — A History of Action
First Low-income Customer Assistance Summit
Entergy Charitable Foundation established to support education and communities
First U.S. utility to set voluntary greenhouse emissions stabilization goal
Environmental vision statement adopted by board of directors
Inaugural Diversity and Inclusion Summit convened
Named to DJSI for first of 18 consecutive years
Power restored to devastated communities following hurricanes Katrina and Rita
Environment 2020 commitment announced
Launched $5 million workforce training initiative
Sustainability organization established
New climate report released and announced enhanced greenhouse gas emission reduction goal
Launched Gulf Coast Carbon Collaborative
Introduced new affordability programs in celebration of the 20th anniversary of low-income program
The corporate governance committee of Entergy’s board of directors has responsibility for oversight of the company’s overall sustainability strategy, policies, and practices. They meet this responsibility by assuring that recognized sustainability risks are being addressed by the full board or an appropriate board committee.
|Board Committee||Primary Sustainability Oversight Responsibility|
|Corporate governance||Overall corporate sustainability strategy; corporate social responsibility; corporate governance issues; governmental, regulatory, public policy, and public relations matters; public advocacy activities; shareholder concerns|
|Personnel||Executive compensation policy, employee and human resources issues, employee training and development, talent management, employee and contractor safety, diversity and inclusion, supplier diversity|
|Audit||Environmental compliance and auditing and environmental policies, ethics and compliance, market and credit risks, cybersecurity risks, financial reporting processes and risks, other strategic risks, and general risk oversight|
|Finance||Financial stability and major capital investments|
|Nuclear||Safety risks unique to the nuclear fleet and sustainability of our nuclear plants|
Within Entergy’s senior management, our executive vice president and general counsel has primary responsibility for our overall sustainability performance and for ensuring the sustainability of business practices across the company. Other members of the office of the chief executive — the chief financial officer; group president, utility operations; and chief nuclear officer — are also responsible for internal coordination of our sustainability performance and ensuring that sustainability is integrated into the company’s business model.
A dedicated sustainability and environmental policy group establishes a sustainability mission and strategy for the company with goals that align with our operational objectives, industry priorities, and global actions. To effectively implement the mission and strategy, the organization established a working group of representatives from across the company that provides coordination and support on developing strategic priorities and action plans in the key areas of sustainability, including climate strategy, supply chain management, human resources, and corporate social responsibility.