As You Sow

View Original

DTE Energy Commits to Controlling Methane Emissions, Responding to Shareholder Concern

FOR IMMEDIATE RELEASE

MEDIA CONTACT: Stefanie Spear, sspear@asyousow.org, 216-387-1609

Detroit, Michigan—Oct. 1—Following an investor proposal filed at DTE Energy by shareholder advocate As You Sow, the company announced a new time-bound pledge to reduce methane emissions from its natural gas utility operations by 80% by 2040. It followed the announcement with the release of its “2018 Methane Emissions Report.”

Lila Holzman, energy program manager at As You Sow, made the following statement:

“We applaud DTE for following through on its commitment to shareholders to disclose its methane management practices. Setting a methane emissions reduction target is an important step in reducing the company’s climate impact and risk. While we continue to press companies like DTE to accelerate timelines for repairing leak-prone pipelines and survey their pipelines for leaks more frequently, this target positions the company well to align with a low-carbon economy.”

For more information on controlling methane emissions from natural gas distribution, read As You Sow’s report: The End of the Line.

# # #

As You Sow is a nonprofit organization that promotes environmental and social corporate responsibility through shareholder advocacy, coalition building and innovative legal strategies.