Black Hills Corp. Highlights Advancements Toward a Cleaner Energy Future in Newly Released 2023 Sustainability Report

Core Viewpoint - Black Hills Corp. has released its 2023 Corporate Sustainability Report, showcasing its environmental, social, and governance impacts, along with progress on major projects and climate goals [1][2]. Sustainability Progress - The company achieved a 27% reduction in greenhouse gas emissions from its natural gas distribution system since 2022, moving towards its goal of net zero emissions by 2035 [2]. - Electric utility greenhouse gas emissions have decreased by nearly one third since 2005, with targets to reduce electric emissions intensity by 40% by 2030 and 70% by 2040 compared to 2005 levels [2]. Clean Energy Initiatives - The Colorado Clean Energy Plan aims to add 400 MW of renewable energy and battery storage, targeting an 89% reduction in GHG emissions by 2030 compared to 2005 [3]. - The company has expanded its renewable natural gas (RNG) presence and launched the Green Forward program for eligible customers [3]. - A partnership with Babcock & Wilcox, supported by a Wyoming Energy Authority grant, is focused on developing a pilot hydrogen plant to convert coal to clean hydrogen [3]. Community Engagement - In 2023, the company contributed $6.1 million to community support initiatives, including energy assistance, grants, scholarships, and tree planting [3]. - Employees donated $495,000 to over 45 United Way organizations, with a 25% match from the Black Hills Corp. Foundation [3]. Economic Impact - Black Hills Corp.'s direct economic impact in 2023 amounted to $1.35 billion, emphasizing its commitment to safety, reliability, and sustainability in utility systems [3].