Entergy
ETR
Utilities
2
exclusion reasons
2 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Entergy Mississippi ordered to pay $300M by Mississippi Public Service Commission (2022) for consumer protection violations — one of the largest utility-sector consumer penalties on record; SEC imposed $12M penalty on Entergy Corporation (2024) for accounting deficiencies; NRC imposed $150K penalty (2021) for nuclear safety violations at Entergy Operations Inc.
Entergy Corporation operates coal-fired power plants that rank among the highest emitters of sulfur dioxide and nitrogen oxides in the United States. The White Bluff plant ranked sixth and the Independence plant ranked twelfth nationally for harmful SO2 and NOx emissions among hundreds of U.S. power plants.
Environmental groups alleged that Entergy illegally modified the White Bluff and Independence coal plants without permits and increased emissions in violation of the Clean Air Act. A federal settlement approved by U.S. District Judge Kristine Baker on March 11, 2021, requires Entergy to stop burning coal at White Bluff by the end of 2028 and Independence by the end of 2030. The Lake Catherine gas plant must close by 2027. Entergy also agreed to bring 800 MW of renewable energy to the Arkansas Public Service Commission for approval by 2027. Closure of the two coal plants is projected to save Arkansas ratepayers $2 billion through avoided pollution control investments. The settlement resolved allegations brought by the Sierra Club and the National Parks Conservation Association.
Research Sources
4 organizations
Related Exclusions
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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