PPL Corporation

InfluenceMap Score
D
Performance Band
48%
Organisation Score
46%
Relationship Score
Sector:
Utilities
Head​quarters:
Allentown, United States
Brands and Associated Companies:
Pennsylvania Power and Light
Official Web Site:
Wikipedia:

Climate Lobbying Overview PPL Corporation (PPL) appears to have limited and mixed engagement on U.S. climate policy. It demonstrates more negative positions on state-level policy via subsidiary Louisville Gas & Electric and Kentucky Utilities (LG&E and KU) in Kentucky. The company has emphasized its preference for market-based measures over government regulation to respond to climate change, and its support for fossil gas reflects the climate positions of its member trade associations American Gas Association and the Edison Electric Institute. In June 2021, PPL completed the sale of its UK utility business, Western Power Distribution (WPD), to National Grid.

Top-line Messaging on Climate Policy: PPL demonstrates limited and mixed top-line messaging on climate policy. Although PPL clearly supports the science of the IPCC in its November 2021 Climate Assessment Report, a representative from its subsidiary Louisville Gas & Electric (LG&E) was reported to have denied the link between climate change and human action in January 2022. PPL subsidiary WPD states support for the United Kingdom’s net-zero by 2050 target in its April 2021 sustainability report, but the company emphasized national market-based responses to climate change that support “regional and state flexibility” in its climate report. PPL has disclosed its engagement on the U.S. Build Back Better Act in its Q4 2022 U.S. Senate Lobbying Disclosure without describing its position on the climate provisions or specific outcomes sought. PPL does not appear to take a clear position on the Paris Agreement.

Engagement with Climate-Related Policy: PPL appears to have limited and unsupportive engagement on climate-related policy in the US. The company does not appear to support GHG emissions standards: in its November 2021 Climate Assessment Report and 2021 CDP response, PPL discloses a preference for market-based solutions and “inside the fence” measures to emissions reductions. The company has previously lobbied against stringent federal GHG emissions standards. In February 2018 comments to the EPA, subsidiary Louisville Gas & Electric and Kentucky Utilities (LG&E and KU) supported the repeal of the Clean Power Plan and argued to weaken the scope of compliance to its emissions standards. The subsidiary further lobbied for weaker compliance structures while backing the Affordable Clean Energy rule in October 2018.

Although PPL supports utility-led renewable energy development, the company does not appear to support policy to incentivize distributed power. In a May 2021 earnings call, CEO Vincent Sorgi supported Rhode Island’s mandate to achieve 100% of its electricity with renewable energy by 2030. PPL also stated support for federal renewable energy tax credits in its November 2021 Climate Assessment Report. However, in its April 2021 sustainability report, PPL offered mixed support for distributed energy resources by stating that their development should be accompanied by a “compensation structure that is fair to all customers.” The company expressed similarly mixed support for net metering policies and community solar programs in its 2021 CDP report, arguing that proposals should not place “significant administrative burdens” on utilities. In September 2019, the Daily Energy Insider reported on how subsidiary LG&E and KU supported Kentucky Senate Bill 100, which weakened the state’s net metering incentives.

Positioning on Energy Transition: PPL Corporation appears to demonstrate mixed positions on the transition of the energy mix. In a May 2021 earnings call, CEO Sorgi stated support for Rhode Island’s target to achieve net-zero emissions by 2050. In the same call, Sorgi also appeared to support the Biden administration infrastructure package toward decarbonizing the economy, although on a subsequent August 2021 earnings call, he suggested that President Biden’s target of decarbonizing the power grid by 2035 was not feasible. The company appears to support electrification of transportation, as evidenced by statements in its April 2021 sustainability report and 2021 CDP response.

PPL does not appear to support decarbonization in Kentucky. In a November 2021 earnings call, PPL CEO Sorgi stated support for the E3 Initiative, a state energy strategy revealed by Governor Beshear in October 2021 that focuses on economic development and which aims to establish Kentucky as a hydrogen hub; however, both the strategy and Sorgi’s statement do not disclose a position on decarbonizing hydrogen production or which energy sources are included in the target “diverse fuel economy.” Additionally, PPL appeared to support gas ban preemption legislation in Kentucky in its 2021 CDP disclosure.

Industry Association Governance: PPL publicly discloses its memberships to industry associations on its corporate website, however it provides limited detail on the company’s alignment with the organizations’ climate policy positions. PPL serves on the boards of both the American Gas Association (AGA) and the Edison Electric Institute (EEI), with CEO Vincent Sorgi on the board of EEI. AGA, whose positions focus on supporting fossil fuel infrastructure, has recently lobbied against including a methane fee in the Biden administration reconciliation bill. EEI engages on US climate policy with mixed positions and has offered mixed support for climate provisions in Build Back Better.

QUERIES
DATA SOURCES
2NSNS1-1NSNS
1NSNSNSNS0NS
-1NS-1NSNSNSNS
0NSNSNSNSNS0
0NA-1NANANANS
NSNSNSNSNSNSNS
0NS0NSNSNSNS
NSNSNSNSNSNSNS
1NS0-1-11NS
110-101NS
-1NS00NSNSNS
0NS-1NANANANS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
31%
 
31%
 
58%
 
58%
 
27%
 
27%
 
93%
 
93%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.