JUNO BEACH, Fla. – FPL Group’s commitment to acknowledging the risks of climate change and effectively reducing its greenhouse gas emissions was recognized today when the company was named to the Carbon Disclosure Leadership Index for the second year in a row.
The Carbon Disclosure Leadership Index is produced annually by the Carbon Disclosure Project (CDP), a not-for-profit organization that reports on the business risks and opportunities of climate change for investors. CDP represents 475 institutional investors with $55 trillion in assets under management.
Compiled by PricewaterhouseCoopers on behalf of CDP, the Carbon Disclosure Leadership Index highlights companies within the S&P 500 Index that excel in the area of climate change awareness and action. Index members are distinguished by disclosure of the risks and opportunities of climate change as well as the quality and effectiveness of programs put in place to reduce overall greenhouse gas emissions. FPL Group’s inclusion on the Index comes two weeks after the company was named to the Dow Jones Sustainability Index for sustainability performance in the top 20 percent of the 600 largest companies in North America.
“FPL Group has one of the lowest emissions profiles of any electric power company in the United States, and we are the country’s No. 1 producer of renewable energy from both wind and solar power. In fact, if every utility in the nation were as clean as FPL Group, total U.S. CO2 emissions would be cut by 20 percent, which is the equivalent of removing eight of every 10 vehicles from the road. We’re extremely pleased to be included on this year’s Carbon Disclosure Leadership Index,” said FPL Group Chief Financial Officer Armando Pimentel. The S&P 500 Report, including names of companies featured in the Carbon Disclosure Leadership Index, can be found at www.cdproject.net.
Additional information about FPL Group’s record as a low-emissions energy provider can be found in the company’s Sustainability Report at http://www.fplgroup.com/pdf/sustain-report.pdf.
FPL Group: Energy Solutions for the Next Era
FPL Group, Inc. (NYSE: FPL) is a leading clean energy company with 2008 revenues of more than $16 billion, approximately 39,000 megawatts of generating capacity, and more than 15,000 employees in 27 states and Canada. Headquartered in Juno Beach, Fla., FPL Group’s principal subsidiaries are NextEra Energy Resources, LLC, the largest generator in North America of renewable energy from the wind and sun, and Florida Power & Light Company, which serves 4.5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country. Through its subsidiaries, FPL Group collectively operates the third largest U.S. nuclear power generation fleet. For more information about FPL Group companies, visit these Web sites: www.FPLGroup.com, www.NextEraEnergyResources.com, www.FPL.com.