MADISON, Wis., Aug. 15, 2016 /PRNewswire/ -- Alliant Energy Corporation (NYSE: LNT) released its 2016 Corporate Sustainability Report, detailing progress to advance clean energy and stewardship to customers, communities and employees. It is available at alliantenergy.com/sustainability.
The information expands on past environmental reports and highlights a significant reduction in nitrogen oxides (NOX), sulfur dioxide (SO2) and mercury emissions. The report contains a new target of reducing carbon dioxide (CO2) emissions 40 percent by 2030 from 2005 levels. CO2 emissions continue to decrease due to additional renewable energy, increased use of efficient natural gas-fired generation and the transition of coal generation facilities.
"Alliant Energy has been taking actions for many years to reduce emissions and this CO2 target is consistent with the clean energy path we've been following," said Alliant Energy's Chairman, President and Chief Executive Officer Patricia Kampling.
In addition, the report showcases sustainability efforts, community support, corporate giving and workplace practices. "Our accomplishments highlight the power of collaboration with our customers and communities," said Kampling. "By providing innovative and cost-effective solutions, we help our customers meet their sustainability goals today and in the future."
Key report highlights include:
Clean air – expected reduction from 2005 levels of:
- 40 percent of CO2 emissions by 2030
- 90 percent of SO2 and mercury emissions by 2020
- 80 percent of NOX emissions by 2020
Emission reductions to date from 2005 levels are:
- 68 percent of SO2 and NOX
- 78 percent of mercury
- 22 percent of CO2
Progress through 2015 includes:
- Over 30 percent of our coal-fired generation retired or switched to natural gas
- Wind energy supply to power 300,000 homes annually
Our future energy resource plans:
- 1,350 megawatts of highly efficient natural gas generation
- Approximately 1,000 megawatts of wind resources
- Over 8 megawatts of solar power
- Ongoing help with heating bills for those in need through our Hometown Care Energy Fund
- $2 million corporate donation and $250,000 employee/retiree/customer donation for 2015 – 2016 heating season
Customer service – residential electric and natural gas service:
- Earned top quartile ranking in JD Power Customer Satisfaction study for Midwest utility segment for past three years
- $48 million since 1998 to Iowa and Wisconsin communities
- 92,000 employee and retiree volunteer hours in 2015
- $1.2 million from employees and retirees given to United Way in 2015
Other areas of interest include:
Safety: See details of company employee, public and contractor safety campaigns and programs and performance measures. Alliant Energy's first priority is that nobody gets hurt.
Workplace: Learn more about Alliant Energy's six employee resource groups: Emerging Professionals Connection, Equality Alliance, Multicultural Network, Sustainability Squad, Veterans Alliance and Women's Network.
Reliability: Review planned investments to strengthen Alliant Energy's power grid and maintain safety in the company's natural gas infrastructure.
Alliant Energy Corporation (NYSE: LNT), headquartered in Madison, Wis., provides regulated electric and natural gas service to 950,000 electric and 410,000 natural gas customers across Iowa and Wisconsin. Alliant Energy's mission is to deliver the energy solutions and exceptional service customers and communities count on – safely, efficiently and responsibly. Interstate Power and Light Company and Wisconsin Power and Light Company are Alliant Energy's two public utility subsidiaries. Alliant Energy Corporation is a component of the S&P 500. For more information, visit alliantenergy.com.
This news release includes forward-looking statements. These forward-looking statements can be identified as such because they describe air emissions reductions and future energy resource plans. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Actual results could be affected by such factors as: state or federal regulatory actions or local government actions; failure of equipment and technology to perform as expected; inability to access technological developments, including those related to wind turbines, solar generation, smart technology and other future technologies; plan design changes; changes in tax and other laws to which Alliant Energy is subject including the impact of changes to production tax credits for wind projects; changes in the price of fuels used to generate electricity such as natural gas; future changes in environmental laws and regulations, including the Environmental Protection Agency's regulations for carbon dioxide emissions reductions from new and existing fossil-fueled electric generating units, and litigation associated with environmental requirements; changes in the application or interpretation of existing laws and regulations; issues associated with environmental remediation and environmental compliance; current or future litigation, regulatory investigations, proceedings or inquiries that could impede the implementation of Alliant Energy's plans; Alliant Energy's continued access to capital markets; political conditions in Alliant Energy's service territories; economic conditions in Alliant Energy's service area. These factors should be considered when evaluating the forward-looking statements and undue reliance should not be placed on such statements. The forward-looking statements included herein are made as of the date hereof and Alliant Energy undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alliant-energy-releases-2016-corporate-sustainability-report-300311067.html
SOURCE Alliant Energy Corporation