PPL Corporation.
PPL.US | Electric power generation, transmission and distribution
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. It operates through two segments: U.K. Regulated and Pennsylvania Regulated. The U.K. Regulated segment distributes electricity to customers in Central and South West England...Show More
Better Health for All
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PPL Corporation has reduced carbon emissions by nearly 60% from 2010 levels as of 2021
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, contributing to improved air quality and better respiratory health outcomes for the communities it served
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. The company's principal goods and services, electricity and natural gas, have no significant direct positive or negative health impact. PPL does not offer health-related products or services, nor does it collect or manage health-related data, conduct clinical trials, produce food or nutritional products, or offer products with addiction potential. No evidence is available regarding harmful revenue share, user safety records, the extent to which vulnerable populations obtain equitable access to health services, health innovation investment, health equity programs, healthcare workforce support, preventative health measures, global health crisis response, mental health initiatives, or healthcare education.
Fair Money & Economic Opportunity
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PPL Corporation is a utility company focused on electricity and natural gas delivery. The provided articles discuss investments in renewable energy projects
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and internal diversity, equity, and inclusion initiatives
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. PPL Corporation has invested in renewable energy projects, aiming to increase renewable capacity by 30% by 2028
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. PPL Corporation has emphasized its commitment to creating an inclusive and respectful workplace by appointing a Chief Diversity Officer in 2022
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. Senior management and the Board review demographic metrics and DEI objectives regularly
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. There is no evidence in the articles that PPL offers lending, insurance, or other financial products or services to consumers or businesses. As such, no specific, concrete data points are available to assess the company against the KPIs for 'Fair Money & Economic Opportunity', leading to the omission of all KPIs.
Fair Pay & Worker Respect
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A class action lawsuit was filed against PPL Corporation in 2017, alleging violation of federal and Pennsylvania state laws by underpaying overtime wages to care workers.
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As of late 2023, notices were sent to over 15,000 workers, with potential costs in millions for back pay.
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Additionally, in August 2023, Kentucky Utilities, a PPL subsidiary, faced unfair labor practice claims and a strike authorization after failing to agree on a wage reopener with the International Brotherhood of Electrical Workers.
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On the positive side, PPL Corporation received a top score of 100% on the Disability Equality Index in July 2023, recognizing it as a best place to work for people with disabilities, which includes expanded mental health resources and employment opportunities.
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The company was also named a Best Place to Work for LGBTQ+ equality on the Human Rights Campaign Foundation's Corporate Equality Index for the sixth consecutive year as of January 2022, earning top marks for policies like non-discrimination protections, domestic partner benefits, and transgender-inclusive health care.
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PPL maintains robust health and safety programs, with senior management reviewing monthly updates and the board conducting annual reviews.
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The company also focuses on diversity, equity, and inclusion, employee engagement, professional development, and offers competitive benefits, expanded leave for new parents, and tuition reimbursement.
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Fair Trade & Ethical Sourcing
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PPL Corporation, as a regulated electric utility, primarily delivers electricity and natural gas services.
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Direct sourcing of fair trade materials is considered less relevant to its operations, and specific details or certifications in this area are not widely reported.
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Honest & Fair Business
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PPL incurred a $1 million penalty in 2023
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due to significant billing errors that occurred between December 2022 and April 2023
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, which also resulted in over $16 million in related costs
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. The company has established comprehensive compliance and ethics programs, outlined in its Standards of Integrity
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. Employees receive annual training on these standards
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, and PPL provides an EthicsHelpline for confidential reporting of concerns
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.
Kind to Animals
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PPL Corporation demonstrates significant commitment to wildlife conservation, with initiatives leading to documented biodiversity recovery across ecosystems.
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Its LG&E and KU operations have seen nearly 200 peregrine falcon chicks fledge from nesting boxes over 20 years, with 8 nesting in 2024,
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and PPL Electric Utilities has supported peregrine falcon restoration since 1995.
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The company has established 230 acres of pollinator test sites,
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planted 100 acres of native pollinator-friendly wildflowers,
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and protected 145 streams while avoiding impacts on 171 wetlands.
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Additionally, PPL uses sheep for vegetation management at its solar facilities, providing them with 10-50 acres for grazing, which aligns with pasture-raised standards.
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A director of public affairs for PPL Electric Utilities has served on the Audubon board since December 2019,
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indicating engagement in animal welfare policy. As a utility company, PPL has no animal-derived products, animal testing operations, or relevant R&D, resulting in N/A scores for related KPIs.
No War, No Weapons
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PPL Corporation, a utility provider, is not engaged in military contracts, arms production, or any activities related to war and weapons.
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Its core business focuses on the generation and distribution of electricity and natural gas.
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The company does not actively promote peace or conflict resolution and does not explicitly support peace initiatives, resulting in 0% revenue invested in peacebuilding or disarmament.
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Planet-Friendly Business
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PPL Corporation sourced 0.5% of its operational energy consumption from renewable sources in 2024.
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In 2023, the company's water withdrawal was 45,713 m³ per $1 million revenue.
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In 2024, 60% of non-hazardous waste was diverted from landfills.
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PPL states it has followed the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and its disclosures align with TCFD.
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In 2021, PPL conducted a comprehensive climate assessment, including scenario analysis consistent with limiting global warming to 1.5°C and considering different climate-related scenarios, including a 2°C or lower scenario, to describe the resilience of its strategy.
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PPL transparently discloses climate-affected assets, including the retirement of approximately 1,500 MW of coal-fired generation plants since 2010
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and the planned retirement of Mill Creek Unit 2 (297 MW) by 2027.
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0% of the company's operations are in areas of high water stress.
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PPL is developing a framework to engage stakeholders and prepare for retiring coal-fired generation, which includes employee retraining programs.
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Respect for Cultures & Communities
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PPL Corporation's PPL Foundation awarded $1 million in grants to 53 nonprofit organizations in eastern and central Pennsylvania, supporting environmental stewardship, education, and economic development.
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The company sponsors 16 employee-led Business Resource Groups focused on diversity and inclusion, and emphasizes social responsibility through community support, workforce development, celebrating Hispanic Heritage Month, and supporting diverse communities via its Empowering Equitable Communities initiative.
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However, no specific, quantifiable data points were provided for any of the defined KPIs in the rubric, leading to the omission of all KPIs.
Safe & Smart Tech
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PPL Corporation experienced a data breach in June 2023 through a third-party vendor's MOVEit software vulnerability.
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The breach exposed customer names, addresses, phone numbers, email addresses, and utility account numbers.
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Sensitive information such as banking details, social security numbers, and account passwords were not compromised, as PPL did not share this data with the vendor.
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The vulnerability was patched in 2023, and customers were advised to be vigilant.
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PPL aligns its cybersecurity programs with the NIST Cybersecurity Framework, conducts regular internal audits and vulnerability assessments, and engages third-party experts for external evaluations.
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The Board of Directors maintains direct oversight of cybersecurity, receiving reports from the Chief Security Officer at least twice yearly.
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Several Board members hold Cyber-Risk Oversight certifications, and an Executive Crisis Team is in place for swift response to cyber events.
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Zero Waste & Sustainable Products
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PPL Corporation achieved a 100% universal waste diversion rate and diverted 60% of non-hazardous waste from landfills in 2024.
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The company beneficially used 69.7% of coal combustion products in 2024.
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PPL has undertaken significant waste management initiatives, including the closure of 18 coal combustion residual wet storage impoundments, with the remaining three facilities expected to be completed by 2025.
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The company maintains strong waste management programs focused on recycling and eliminating hazardous waste. PPL reported no significant waste disposal fines exceeding $100,000.
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