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duke energy ethical issues

Photo from Flickr user biscarotte, CC 2.0, First published on December 7, 2010 / 5:15 PM. Its regulated utility operations serve approximately 4 million customers located in five states in the Southeast and Midwest, representing a population of approximately 11 million people. If this value is created, particularly over the long term, the share price increases and the company can pay larger cash dividends to shareholders. ICE Limitations. Diversity & Inclusion – Diversity describes the many similarities and differences among people. Market data provided by ICE Data Services. 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"). was alignment between our priorities and several of They include customers, shareholders, regulators, Those decisions can profoundly affect people’s lives, stressed Rudin, and it’s difficult for someone who has been denied parole to challenge the decision if it’s impossible to see how the decision was reached. More from the 2019-2020 Duke ECE Magazine, Research Experiences for Undergraduates (REU), Microelectronics, Photonics & Nanotechnology. This year, Duke Engineering established the Lane Family Ethics in Technology Program, which will embed ethics education across the engineering and computer science curricula. Upholding high ethical standards. Shedding a Light on Energy Issues. First is transparency, or why others should be able to easily evaluate all aspects of algorithm design, from the input training data and algorithmic assumptions, to the selection of algorithmic parameters, to the process by which predicted performance is evaluated. Getting those perspectives early and often – and Follow Duke Energy on Twitter , LinkedIn , Instagram and Facebook . This can be challenging given the need for investments to modernize our nation’s energy infrastructure. Not every company out there is at risk of falling under state open records laws, like in the case of Duke Energy. “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. The weapon that helped take them out? Please choose the response below that best suits your needs: Please try rephrasing your question as you search our site. A change in the average weather experienced at a location, including patterns of temperature, precipitation and wind, over an extended period of time. frameworks, thought leader perspectives, social and 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 process included the review of companies' codes of ethics, litigation and regulatory infraction histories, their investment in innovation and sustainable business practices, and activities to improve corporate citizenship. Our dedication to ethics applies to everyone at Duke Energy, including our board of directors. Only 100 companies were selected to receive this honor. agencies, elected officials, employees and many “We don’t train them in basic statistics, for instance. More problematic are black box models used in high-stakes decisions, like evaluating credit risk and setting parole. Our Ethics and Compliance Program is designed to foster a culture of ethical and compliant behavior. Ethisphere is an international think tank focused on advancing best practices in business ethics, social responsibility, anti-corruption and sustainability. It makes sense to get human drivers off the roads as quickly as possible, and let machines do the driving. Duke Energy is one of the largest electric power holding companies in the United States. Your session will expire in {{countBack}} seconds, please select OK to continue your session. With so much at stake, securing and transforming Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. Stakeholders who are concerned about climate change want energy companies and other industries to reduce greenhouse gas emissions, plus make their operations more resilient to potential climate change impacts such as severe weather events. Employee Development & Engagement – Collaborative effort between employees and their supervisors to provide employees with opportunities for growth and feedback so they can improve performance and succeed. We recognize the essential nature of our service and strive for excellence in all we do. those solutions right is if they are shaped by the views A high-ranking executive at Duke Energy resigned this week after hundreds of compromising emails with David Lott Harvey, then chairman of the Indiana Regulatory Commission, were published by the Indianapolis Star. Since one instance of a person failing to act with integrity can damage the company’s hard-earned reputation, Duke Energy … Companies in the energy and utilities category were Duke Energy, FPL Group, National Grid, Sempra Energy and Wisconsin Energy Corp. "Being recognized as one of the world's most ethical companies speaks to the hard work and dedication of leaders and employees who practice our business values every day," Jeff Browning, vice president, Audit Services and Chief Ethics and Compliance Officer. to deliver the right energy solutions. That raised a firestorm of ethics charges that was further fueled when the Indianapolis Star published e-mails that raised questions about the relationship between Reed and Hardy. Cummings said that wanting to achieve fully autonomous vehicles is necessary to making the incremental improvements that will get us there, eventually. These types of knowledge and skill errors, noted Cummings, would cause a human driver to fail a driver’s license test—but no equivalent “computer vision” test currently exists that examines the reasoning abilities of driverless cars. The Duke Energy ethics scandal has taken out three employees -- the latest this week -- and a state regulator. All allegations are investigated to ensure consistent enforcement. Each stakeholder brings a needed and essential the SDGs, goals such as “Seven: Affordable and Clean Were you looking for the following information? Affordable Energy – Keeping energy rates affordable for customers. Be in the know. News provided by The Associated Press. We value accountability and transparency. 'ESPAÑOL' : 'ENGLISH' }}, We are unable to match the address entered, Hi, looks like you have JavaScript turned off or cookies disabled. Powered and implemented by FactSet. These measures include disciplinary action and enhanced controls to prevent further offenses. The chief ethics and compliance officer is responsible for the program’s effectiveness for preventing, detecting and responding to illegal or unethical conduct.

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