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Consumer group launches campaign opposing Duke Energy’s ESG policies (2023)
| Environmental, social, and corporate governance |
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The consumer watchdog organization Consumers Research launched a new campaign opposing the ESG policies in use by North Carolina’s Duke Energy:
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Consumers’ Research, a leading non-profit dedicated to consumer information, is launching a campaign targeting North Carolina-based Duke Energy for prioritizing a woke policy agenda over lowering electricity prices. As part of the campaign, Consumers' Research sent a letter Thursday to the North Carolina Utilities Commission highlighting Duke's various woke programs and launched a website informing consumers about the company's environmental, social and Governance (ESG) initiatives. The ESG movement broadly seeks to promote a green transition and left-wing social priorities through the private sector. Consumers' Research will also send mobile billboards critical of Duke to the company's Charlotte, North Carolina, headquarters Thursday and outside a California event where Duke board member W. Roy Dunbar will speak about the "impact of ESG on business success" on Friday. "As the nation’s oldest consumer protection organization, Consumers’ Research’s purpose is to educate consumers on issues that impact them and amplify their voice in the marketplace," Consumers’ Research Executive Director Will Hild wrote in the letter. "It is for this reason that we implore the commission to put an end to the abuse of North Carolina consumers by Duke Energy." "Duke’s operations have become a laundry list of expensive boondoggles and distractions," Hild continued. "When they aren’t pushing double-digit rate increases onto customers, they are busy wasting their time and customers’ money pushing political initiatives (some targeting children) and massive pay increases for their executive suite." … "Perhaps the most abusive use of Duke’s resources has been their political advocacy of anti-consumer ‘net zero’ policies which they boast about supporting at both the national and state level," Hild wrote in his letter Thursday. "It is a clear conflict of interest for Duke Energy to expend company resources supporting the enactment of policies that increase costs for Duke at the same time they ask those costs to be passed on to their customers in the form of rate hikes," Hild added.Duke Energy has announced a series of rate hikes to create more reliability and to support its investments in green energy sources like wind and solar power, the Wilmington Star-News reported in June. The company is reportedly slated to increase rates in North Carolina by about 20% over the next three years.[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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