Friday, January 25, 2013

Entergy donates $5 million to climate change efforts

Posted By on Fri, Jan 25, 2013 at 10:59 AM

Entergy dares to utter the words "climate change" in announcing a $5 million contribution to honor its retiring chairman by devoting the money to work in climate change, social justice and poverty.

Don't these guys listen to Rush Limbaugh?

Some of the money could trickle into Arkansas projects, a local company spokesman says.

The news release:

New Orleans, La. — Entergy Corporation today announced the creation of a $5 million endowment to honor retiring Chairman and Chief Executive Officer J. Wayne Leonard and continue efforts to address the issues of climate change, poverty and social justice.

“Wayne has been a passionate advocate on each of these issues during his years at Entergy, so we could think of no better way to honor him than by creating the J. Wayne Leonard Poverty, Climate Change and Social Justice Fund,” said Leo Denault, who will assume the role of Entergy’s chairman and CEO when Leonard retires Jan. 31.

“To a great extent, his compassion for people from all walks of life and his desire to protect the environment for future generations have defined his tenure at Entergy.

“We see this fund as a vehicle for Wayne, as an adviser to the fund, and Entergy to continue making important contributions in these areas for years to come,” added Denault.

The fund is being endowed through shareholder-funded donations to the Entergy Charitable Foundation.
When Leonard was named CEO of Entergy in 1999, he began calling for action by business, community and political leaders to break the cycle of poverty that has stunted economic growth in the mid-South region for generations. During Leonard’s tenure, the company has donated more than $50 million to charitable initiatives and advocacy efforts that successfully helped move low-income residents toward self-sufficiency. Among them were campaigns to improve early childhood education programs and financial support of a matched-savings program that has helped 19,000 people and created an economic impact of $69 million over the last 10 years.
Under Leonard’s leadership, in 2001 Entergy became the first utility in the U.S. to commit to voluntarily reduce greenhouse gas emissions. Entergy performed better than promised, cutting carbon emissions by 455.5 million tons through 2011, 12.6 percent better than its goal. Entergy has become a fixture on the Dow Jones Sustainability Indexes, a respected measure of economic, environmental and social commitment, for more than a decade.

Tags: , ,

Favorite

Speaking of...

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

  • The assault on Obamacare begins

    Donald Trump Friday night signed an executive order directing government to scale back Obamacare to the extent possible. Though the signing was mostly symbolic, it likely has implications for Arkansas.
    • Jan 21, 2017
  • Two dead in North Little Rock shooting

    two people were fatally wounded about 9 p.m. Friday in a home in the 1400 block of Division Street, North Little Rock.
    • Jan 21, 2017
  • 2nd Amendment meets the 1st in Fayetteville on campus carry

    They've had a forum in Fayetteville today on Rep. Charlie Collins' fervent desire to force more pistol-packing people onto the campus at the University of Arkansas (and every other college in Arkansas.) He got an earful from opponents.
    • Jan 20, 2017
  • More »

Readers also liked…

  • Matt Campbell files ethics complaint against Dennis Milligan

    Little Rock attorney and blogger Matt Campbell, whose knack for deep research brought down Mark Darr, Mike Maggio and Dexter Suggs, now has his sights trained on another worthy target. Today, he filed a 113-page ethics complaint against state Treasurer Dennis Milligan that includes 14 separate allegations.
    • Aug 20, 2015
  • Lawyers plead for mercy in Fort Smith forum shopping case

    Twelve of the lawyers facing punishment by federal Judge P.K. Holmes in Fort Smith for moving a class action case against an insurance company out of his court to a state court where it was speedily settled have filed their argument against sanctions.
    • Jun 16, 2016
  • Rutledge refuses open records of fired trooper who now leads ABC enforcement

    Attorney General Leslie Rutledge yesterday refused to allow release of records that explain the 2000 firing of Boyce Hamlet as a state trooper.
    • Sep 1, 2015

Most Shared

  • Sarah Huckabee Sanders to be deputy White House press secretary

    Donald Trump announced additional White House staff today, notably including Sarah Huckabee Sanders, deputy assistant to the president and principal deputy press secretary.
  • Legislation filed for $10 million school voucher program

    The legislation to vastly expand transfer of state tax dollars to private schools came before the school choice day event I mentioned earlier.
  • Pork and more

    Some notes on disparate topics before I take a vacation break.
  • Trumpeting

    When President-elect Trump announced he would, in a few days, force Congress to enact comprehensive health insurance for everyone, poor or rich, that would provide better and cheaper care than they've ever gotten, you had to wonder whether this guy is a miracle worker or a fool.
  • Putin and Trump

    Here's a thought exercise: What do you suppose would happen if Russian strongman Vladimir Putin decided to clarify remarks he reportedly made about Donald Trump during the election campaign?

Visit Arkansas

1.73-carat diamond found at Crater of Diamonds State Park

1.73-carat diamond found at Crater of Diamonds State Park

Jack Pearadin and Doug Nelsen found a 1.73-carat diamond after nearly a year of searching the park's field.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation