Black Hills Corp. Releases 2024 Corporate Sustainability Report Highlighting Progress on Climate Goals and Innovation

Core Viewpoint - Black Hills Corp. demonstrates its commitment to a sustainable energy future through its 2024 Corporate Sustainability Report, highlighting significant progress in environmental, economic, and governance areas [1][2]. Environmental Achievements - The company has achieved a 38% reduction in electric utility emissions since 2005 and aims for a 40% reduction by 2030 and a 70% reduction by 2040 [2]. - Black Hills Corp. is on track to reach net zero natural gas utility emissions by 2035 [2]. Economic Impact - The total economic impact of Black Hills Corp. in 2024 was approximately $1.5 billion, which includes $3.8 million in charitable giving and energy assistance [6]. - The company’s charitable contributions included $441,000 to United Way and $73,711 to Black Hills Cares, which, with company matching, totaled $551,000 for United Way and $346,000 in energy assistance [6]. Renewable Energy Initiatives - In 2024, Black Hills Corp. acquired a renewable natural gas facility in Iowa, expected to produce enough RNG to heat over 1,800 homes annually [6]. - The company is also innovating in coal to hydrogen technology and has conducted initial testing of carbon sequestration capabilities at its Gillette, Wyoming energy complex [6]. Customer Empowerment - Through programs like Green Forward and over $10 million in energy efficiency rebates, Black Hills Corp. has helped customers save energy equivalent to powering over 1,500 homes with electricity and 246 homes with natural gas for one year [6]. Workplace Culture - Black Hills Corp. fosters a workplace environment that encourages employee contribution, collaboration, and growth, aligning with its mission to improve life with energy [6].