GC 2021-Corp-Responsibility-Exe-Summary final - Flipbook - Page 22
Governance and Policy Engagement
Spotlight: Constructive Regulation
and Public Policy
Southern Company believes it has a responsibility
to customers and stakeholders to participate in the
political process and that our success is dependent
on political engagement and advocacy. Meeting
our net zero goal will require continued active and
constructive engagement with government officials,
investors and a wide variety of other public and
private stakeholders. Policies that encourage and
advance innovation while protecting the affordability,
reliability and resilience of service are essential to
meeting this goal.
Southern Company promotes corporate
governance standards and practices that
drive long-term value for our stakeholders.
Core to effective governance is consistent
dialogue with our stakeholders, including
regulators, investors and suppliers. We
are committed to the highest ethical
standards and proactive transparency at
the Board level and throughout the entire
organization.
Southern Company’s independent directors provide
substantive oversight on strategy and risk issues across
the ESG spectrum. The full Board discusses key ESG
topics as part of its regular agenda, including fleet
transition and human capital management. Committees
take a deeper dive into ESG risks and opportunities and
report out to full Board on key issues.
Learn more
22 Corporate Responsibility
Southern Company’s delivery of clean, safe, reliable
and affordable energy is linked to constructive
relationships with policymakers. Through these
constructive relationships, we can communicate
to policymakers the interests of our company and
stakeholders. Southern Company engages directly
with lawmakers and regulators and also participates
in trade associations and industry groups that, among
their many activities, engage in lobbying and advocacy
on various matters.
In November of 2022,
Southern Company
published a Trade
Association and Climate
Engagement Report that
includes information
about our engagement
with policymakers, with
a focus on the climaterelated positions of trade
associations to which
Southern Company or a
subsidiary pays dues of
$50,000 or more and that
lobby on federal energy policy.
Learn more
