Southern Company emphasizes Just Transitionas it seeks to reach net zero by 2050The importance of Just TransitionFor more than a century, Southern Company1 hasoperated knowing that our privilege to serve comes witha responsibility to make communities better because weare there. We know that how we do our work is just asimportant as what we do, and we are committed to thewell-being of the millions of people and businesses whorely on us.As we transition to a clean energy future, weunderstand there will be potential opportunitiesand challenges for our workforce, communities andcustomers. Southern Company is committed to a JustTransition for our stakeholders.Southern Company is committed to reducing ourgreenhouse gas (GHG) emissions to net zero andproviding the customers and communities we servea clean energy future. We have established a GHGemissions reduction goal of net zero emissions by 2050,and an intermediate goal of a 50% reduction from our2007 benchmark levels by 2030, which we expect tosustainably achieve no later than 2025.> Strong governanceSouthern Company is focused on supporting aJust Transition for our workforce, communitiesand customers. We believe that achieving thiswill require coordinated private and publicefforts, and Southern Company is committed toContents3playing a leadership role as we transition to anew energy economy.The importance of Just Transition5Southern Company’s net zero goal and fleet transitionWe have outlined a set of Just Transition Principlesthat foster:> E ffective stakeholder engagement and transparentcommunication> Employee support and coordination with labor unions> Ongoing community and environmental commitment> Continued safety, reliability, resilience and affordabilityIn recent years, we have seen in other regions andcountries the unintended consequences and disruptioncaused by rapid or unstructured infrastructuretransitions. Southern Company believes that ourelectric utilities’ vertically integrated, state-regulatedmodel with integrated system planning is optimal foradvancing decarbonization of our operations whilemaintaining system integrity and affordability forcustomers. This structure, coupled with our longstanding commitment to be a “Citizen Wherever WeServe,” provides a strong foundation for SouthernCompany and our operating companies to helpfacilitate a Just Transition.8Southern Company’s Just Transition Principles10Effective governance11Stakeholder engagement and transparent communication12Employee support and coordination with labor unions17Community and environmental commitment22Safety, reliability, resilience and affordability23 Continued focus on ensuring Just TransitionThe terms we, us and our all refer to Southern Company. Southern Company is a holding company that conducts its business through its subsidiaries.Accordingly, unless the context otherwise requires, references in this report to Southern Company’s operations, such as generating activities, greenhouse gasemissions and employment practices, refer to those operations conducted through its subsidiaries.12Just Transition ReportJust Transition Report3
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