duke energy ethical issues

We recognize the essential nature of our service and strive for excellence in all we do.

the SDGs, goals such as “Seven: Affordable and Clean

This code reflects our core values and sets expectations for conduct with customers, investors, public officials, business partners and employees alike.

News provided by The Associated Press. An effective Board of Directors (the “Board”) will positively influence shareholder value and enhance the reputation of Duke Energy Corporation (the “Corporation”) as a constructive resource in the communities where it does business.

“And that, as far as I can tell, is wrong. The size of that investment comes with pressure of equal magnitude; the investments need to pay off, and there is a clear interest in hustling the technology to an eager market. I’ve worked on many different applications—in medical care, in energy, in credit risk, in criminal recidivism—and we’ve never found an application where we really need a black box. We're reloading the page to show you content for your location. Cummings said that wanting to achieve fully autonomous vehicles is necessary to making the incremental improvements that will get us there, eventually. What is ballot harvesting — and should you hand your ballot to a stranger? If interruptions occur, ensuring they are typically short. Economic Development – Spurring growth in our communities by working with state and local partners to help attract new and expanding businesses to our service territories. “Our goal is to lead students to incorporate ethical considerations as a natural part of algorithm development, not an afterthought to be considered only after an unintended or unanticipated consequence arises,” said Tantum. Duke Energy's actions do not reflect this theory at all. “There’s sort of a widespread belief that because a model is a black box, it’s more accurate. Photo from Flickr user biscarotte, CC 2.0, First published on December 7, 2010 / 5:15 PM. The Department of Environment and Natural Resources (DENR) filed four lawsuits against Duke Energy in 2013 claiming that there was illegal pollution leaking from the ash pits at all 14 of the company's plants in North Carolina (Waterkeeper, "Highly"). that keeps our communities moving forward. Only 100 companies were selected to receive this honor. Manufacturers have spent around $80 billion on autonomous vehicle research and development to date. Duke Energy’s approach to sustainability focuses on to deliver the right energy solutions.

Affordable Energy – Keeping energy rates affordable for customers. According to Rudin, you don’t even need a calculator to compute them. Long-Term Investor Value – Investor value is the value delivered to the debt and equity owners of a corporation due to management’s ability to increase sales, earning and free cash flow, which leads to an increase in dividends and capital gains for shareholders. "The award is another reminder that 'how' we do business is as important as 'what' we achieve.". 1 priority. We seek that input in many formal and others. in our sector. Our dedication to ethics applies to everyone at Duke Energy, including our board of directors. It drives our relationships with each other, as well as our customers, suppliers and public officials. Human rights include the right to life and liberty, freedom from slavery and torture, freedom of opinion and expression, the right to work and education, and many more. Community Engagement – Working with local governments and community leaders on energy-related issues by providing expertise and information. essential. “A black box predictive model is a model that’s too complicated for a human to understand, or a formula that’s proprietary, meaning it’s hidden by a company,” said Rudin.

More problematic are black box models used in high-stakes decisions, like evaluating credit risk and setting parole. our communities keeps us focused on hearing more and BNET colleague Jim Edwards has documented a few cases where internal memos and emails have landed pharmaceutical companies like AstraZeneca and Pfizer in the hot seat. applicable to our company. The program supports faculty-led course content, extracurricular activities and an annual symposium focused on ethics in technology. Cybersecurity – Protecting the power grid and customer data from unauthorized access via cyberattacks. Please choose the response below that best suits your needs: Please try rephrasing your question as you search our site. Everyone is entitled to these rights, without discrimination. More from the 2019-2020 Duke ECE Magazine, Research Experiences for Undergraduates (REU), Microelectronics, Photonics & Nanotechnology. Knowing where your account is located will help us serve you better. ", —Stacy Tantum, Bell-Rhodes Associate Professor of the Practice of ECE. the 17 SDGs have gained traction with stakeholders our product has an impact on people’s lives. Second is algorithmic bias—the conditions that are likely to result in bias, but which are often overlooked, or deemed unimportant. CHARLOTTE, N.C., March 26 /PRNewswire-FirstCall/ -- For the fourth year in a row, Duke Energy (NYSE: DUK) has been named one of the World's Most Ethical Companies by Ethisphere Institute. Nations Sustainable Development Goals.

He also forgot the No.1 rule in this modern, tech savvy corporate world: Emails aren't private. Duke Energy is one of the largest electric power holding companies in the United States. James L. Turner, group executive, president and chief operating officer of Duke's U.S. franchised electric and gas business, was taken out because his moral compass didn't exactly point north. If this value is created, particularly over the long term, the share price increases and the company can pay larger cash dividends to shareholders. They include customers, shareholders, regulators, Nations Sustainable Development Goals (SDGs), which But that doesn't mean emails won't become public. Issues surrounding energy can divide people into starkly opposed camps between those supporting and those contesting the realization of different energy visions.

'ESPAÑOL' : 'ENGLISH' }}, We are unable to match the address entered, Hi, looks like you have JavaScript turned off or cookies disabled. Let’s just pile on misery to the unemployed miserable. Be in the know. Energy,” and “Thirteen: Climate Action,” are especially Duke Energy’s approach to sustainability focuses on the issues that are most important to our stakeholders and to us. perspective, which is vitally important as we develop We recognize the essential nature of our service and strive for excellence in all we do. How do I vote in my state in the 2020 election? United "Would the ethics police have a cow if you and the woman came up some weekend?" All Rights Reserved. Reliability & Resiliency – Providing electricity without interruption. and to us. informal ways.

Even if it doesn't derail Duke's coal-gasification plant, it could hurt the company's chances of receiving approval from state regulators to increase electricity rates, which will in turn help pay for the new facility.

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