Apr 9, 2025, 7:10 PM
Apr 9, 2025, 7:10 PM

Entergy reveals 2024 performance report highlighting environmental goals

Highlights
  • Entergy released its 2024 Performance Report on April 9, 2025, outlining achievements and future plans.
  • The company aims for net-zero emissions by 2050 while expanding its clean energy generation portfolio.
  • Drew Marsh highlights Entergy's commitment to growth, reliability, and community engagement amid financial success.
Story

On April 9, 2025, Entergy, a Fortune 500 company based in New Orleans, Louisiana, announced the release of its 2024 Performance Report. This comprehensive report, titled 'Energy for a better future,' outlines the company's significant achievements and future plans concerning its economic, environmental, governance, and social responsibilities. The report illustrates Entergy’s commitments towards enhancing the communities it serves while generating positive outcomes for its stakeholders. Drew Marsh, the chair and CEO of Entergy, emphasized the company's resilience and customer-driven plans for continued growth. The performance report reveals Entergy's progress towards transforming its energy generation portfolio to cleaner and more sustainable resources. This endeavor aligns with the company's long-term goal to achieve net-zero emissions by 2050. The report details how Entergy is expanding its power generation fleet while simultaneously committing to provide low-carbon and carbon-free power to customers, which supports their own environmental targets. Additionally, Entergy is actively promoting energy efficiency initiatives aimed at assisting individual customers in reducing energy consumption and expenses. The financial metrics presented in the report demonstrate a strong performance for Entergy, with adjusted earnings per share reaching $3.65, positioning them within the top half of their guidance range. The company is strategically investing in its power delivery system to enhance reliability and resilience, crucially accommodating the anticipated growth in demand, especially from data centers and large industrial clients. These investments represent Entergy's commitment to maintaining affordable energy rates while advancing cleaner energy generation through modern technologies like natural gas, nuclear, and renewable resources. Entergy's proactive approach in developing and executing on its business strategies reflects its aim to balance growth with risk management for all stakeholders. However, the report also acknowledges various uncertainties and risks, including regulatory proceedings, major storm impacts, and technological changes, which could influence the company's future performance. Entergy’s focus remains firm on creating an enduring value for customers, employees, and the communities it serves, as emphasized in the report.

Opinions

You've reached the end