PPL Corporation releases clean energy report on company strategy, sustainability performance

Allentown-based PPL Corp., an electricity and natural gas company, recently released reports for the 2021 reporting year focused on the company’s clean energy strategy and overall sustainability performance.

The company has set the goal of a 70 percent reduction from 2010 carbon emissions levels by 2035, an 80 percent reduction by 2040, and net zero by 2050. This covers Scope 1 and 2 greenhouse gases as well as Scope 3 emissions associated with electricity purchased for customers of two PPL subsidiaries, Louisville Gas and Electric and Kentucky Utilities.

PPL reduced carbon emissions by nearly 60 percent last year from 2010’s levels.

“As an innovative, best-in-class utility operator, PPL is poised to lead the clean energy transition while keeping energy service affordable and reliable for our customers,” Christine Martin, PPL vice president of public affairs and chief sustainability officer, said. “Our transparent reporting on our clean energy transition and ESG (environmental, social, and governance) performance provides a clear view of PPL’s strategy to deliver top-tier growth and a clean energy future and reflects our ongoing commitment to keep stakeholders informed of our progress.”

PPL’s latest Edison Electric Institute and American Gas Association report is included, providing investors with metrics about investor-owned utilities’ ESG performance and PPL’s response to the CDP Climate Survey.