Duke Energy supports local conservation efforts with $550,000 in funding for North Carolina environmental impact programs

Rhea-AI Summary

Duke Energy (NYSE: DUK) has announced a significant environmental initiative, committing $550,000 in grants to support 19 environmental impact programs across North Carolina. The funding, distributed through the Duke Energy Foundation, will support various conservation efforts, including vegetation enhancement, cleanup initiatives, and improvements to natural spaces.

This latest funding round is part of Duke Energy's broader environmental commitment, with the company having provided $6.6 million in environmental impact grants over the past five years in North Carolina. The Duke Energy Foundation, funded by shareholders, provides over $30 million annually in philanthropic support across its service areas.

Positive

• Demonstrates strong commitment to environmental conservation with $550,000 in new grants
• Consistent track record of environmental support with $6.6 million in grants over past 5 years
• Strategic investment in 19 different programs shows broad community impact
• Strengthens community relations in key service territory

Negative

• Grant funding represents a minor portion of Duke Energy's overall philanthropic budget
• Environmental initiatives may have limited direct impact on business performance

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• Grants will fund programs focused on protecting and improving natural environments, biodiversity and community resilience
• Funds will benefit 19 environmental impact programs, including conservation groups and community-led initiatives
• Over $6.6 million in environmental impact grants have been awarded over the past five years

CHARLOTTE, N.C., Aug. 18, 2025 /PRNewswire/ -- Duke Energy today announced $550,000 in grants for environmental impact programs in North Carolina. The funding will support a variety of projects aimed at enhancing and preserving the state's natural surroundings.

What's happening: Nineteen programs are receiving Duke Energy Foundation grants to help bolster the natural environment of North Carolina communities through vegetation enhancement, cleanup initiatives and improvements to natural spaces.

Why it matters: Promoting a thriving natural environment is key to supporting the well-being of the communities Duke Energy serves. By uplifting community partners that are working to champion conservation efforts, Duke Energy Foundation is supporting those who know their communities best.

Zoom out: Duke Energy Foundation has provided grants totaling $6.6 million to support environmental impact programs across North Carolina over the past five years.

What they're saying

• Kendal Bowman, Duke Energy's North Carolina president: "North Carolina's natural surroundings are an asset to our communities, our residents and our economic growth. We're proud to work alongside local nonprofits to promote our state's natural resources and build communities that are great places to live, work and play."
• Kyle Prairie, CEO/Executive Director, Keep North Carolina Beautiful: "We are deeply grateful to Duke Energy for their generous support of the 2025 Greatest American Cleanup. Their investment in this statewide effort enables our affiliates and partners to roll up their sleeves and make a tangible impact in communities across North Carolina. Thanks to Duke Energy's commitment, we're not only providing the tools and resources needed to tackle litter and recycling – we're also empowering thousands of volunteers to help create a cleaner, more beautiful North Carolina for everyone."

Grant recipients

• Alliance for Cape Fear Trees
• Broad River Greenway
• Carolina Raptor Center
• Catawba County Historical Association
• City of Greensboro
• City of Lumberton
• Daniel Jonathan Stowe Conservancy
• Gateway Environmental Initiative
• Happy Roots
• Keep Durham Beautiful
• Keep North Carolina Beautiful
• North Carolina Arboretum Society
• North Carolina Coastal Federation
• North Carolina Wildlife Federation
• Sturgeon City of Jacksonville
• Town of Cary
• Town of Sylva
• TreesCharlotte
• Wildlife & Outdoor Recreation Foundation

Duke Energy Foundation
Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact: Garrett Poorman
X/Twitter: @DukeEnergyNC
24-Hour: 800.559.3853

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SOURCE Duke Energy

FAQ

How much did Duke Energy (DUK) invest in North Carolina environmental programs in 2025?

Duke Energy announced $550,000 in grants for 19 environmental impact programs in North Carolina, focusing on conservation efforts and natural space improvements.

What is the total amount Duke Energy has invested in environmental grants in North Carolina?

Duke Energy Foundation has provided $6.6 million in environmental impact grants across North Carolina over the past five years.

How many organizations received environmental grants from Duke Energy in 2025?

19 programs received Duke Energy Foundation grants, including conservation groups and community-led initiatives across North Carolina.

What is Duke Energy Foundation's annual philanthropic budget?

The Duke Energy Foundation provides more than $30 million annually in philanthropic support across all its service areas.

Which organizations received Duke Energy's environmental grants in North Carolina?

Recipients include Keep North Carolina Beautiful, Carolina Raptor Center, North Carolina Coastal Federation, and several other environmental organizations, cities, and towns across the state.