2022 CC Transition Report Spreads Flat Final - Flipbook - Page 3
Southern Company emphasizes Just Transition
as it seeks to reach net zero by 2050
The importance of Just Transition
For more than a century, Southern Company1 has
operated knowing that our privilege to serve comes with
a responsibility to make communities better because we
are there. We know that how we do our work is just as
important as what we do, and we are committed to the
well-being of the millions of people and businesses who
rely on us.
As we transition to a clean energy future, we
understand there will be potential opportunities
and challenges for our workforce, communities and
customers. Southern Company is committed to a Just
Transition for our stakeholders.
Southern Company is committed to reducing our
greenhouse gas (GHG) emissions to net zero and
providing the customers and communities we serve
a clean energy future. We have established a GHG
emissions reduction goal of net zero emissions by 2050,
and an intermediate goal of a 50% reduction from our
2007 benchmark levels by 2030, which we expect to
sustainably achieve no later than 2025.
> Strong governance
Southern Company is focused on supporting a
Just Transition for our workforce, communities
and customers. We believe that achieving this
will require coordinated private and public
efforts, and Southern Company is committed to
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playing a leadership role as we transition to a
new energy economy.
The importance of Just Transition
5Southern Company’s net zero goal and fleet transition
We have outlined a set of Just Transition Principles
that foster:
> E ffective stakeholder engagement and transparent
communication
> Employee support and coordination with labor unions
> Ongoing community and environmental commitment
> Continued safety, reliability, resilience and affordability
In recent years, we have seen in other regions and
countries the unintended consequences and disruption
caused by rapid or unstructured infrastructure
transitions. Southern Company believes that our
electric utilities’ vertically integrated, state-regulated
model with integrated system planning is optimal for
advancing decarbonization of our operations while
maintaining system integrity and affordability for
customers. This structure, coupled with our longstanding commitment to be a “Citizen Wherever We
Serve,” provides a strong foundation for Southern
Company and our operating companies to help
facilitate a Just Transition.
8Southern Company’s Just Transition Principles
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Effective governance
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Stakeholder engagement and transparent communication
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Employee support and coordination with labor unions
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Community and environmental commitment
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Safety, reliability, resilience and affordability
23 Continued focus on ensuring Just Transition
The 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 gas
emissions and employment practices, refer to those operations conducted through its subsidiaries.
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Just Transition Report
Just Transition Report
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