Duke Energy reports fourth-quarter and full-year 2023 financial results
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CHARLOTTE, N.C., Feb. 8, 2024 ~ Duke Energy, a Fortune 150 company based in Charlotte, North Carolina, has released its fourth-quarter and year-end financial results for 2023. The company's press release can be found on their website at duke-energy.com/investors.

During an investor presentation at 10 a.m. ET today, Duke Energy's chair, president, and CEO Lynn Good and executive vice president and CFO Brian Savoy will discuss the company's financial results and provide updates on their business and finances. Interested parties can access the call through the investors' section of Duke Energy's website or by dialing 833.470.1428 (U.S.) or 929.526.1599 (outside the U.S.). The confirmation code is 616981 and participants are advised to call in 10 to 15 minutes before the scheduled start time.

A recording of the webcast will also be available on Duke Energy's website on February 9th.

Duke Energy is one of America's largest energy holding companies, serving over 8 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky with a total energy capacity of 50,000 megawatts. Their natural gas unit serves an additional 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky. The company employs over 27,000 people.

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In line with their commitment to clean energy transition, Duke Energy has set ambitious goals to achieve net-zero methane emissions from their natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. They have interim targets of at least a 50% reduction in electric generation emissions by 2030 and a reduction of at least 50% for certain Scope 2 and Scope 3 upstream and downstream emissions by 2035. Additionally, they aim to achieve an overall reduction of at least 80% in electric generation emissions by 2040. The company is also investing in grid enhancements, energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy's efforts have not gone unnoticed, as they were recently named to Fortune's 2023 "World's Most Admired Companies" list and Forbes' "World's Best Employers" list. More information about the company can be found on their website and their news center contains press releases, fact sheets, photos, and videos. Their publication "illumination" features stories about people, innovations, community topics, and environmental issues. Duke Energy can also be followed on various social media platforms including Twitter, LinkedIn, Instagram, and Facebook.

For media inquiries, please contact Jennifer Garber at 800.559.3853 and for analyst inquiries please contact Abby Motsinger at 704.382.7624.

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