Sustainability Report

At FPL Group, one of the ways we’ve chosen to manage and measure our progress is by employing the concept of sustainability. At its core, sustainability requires demonstrated attention to, and excellence in, three key areas: economic accountability, environmental stewardship and social responsibility. Following is a review of many of our strategies and achievements, using the three elements of this sustainability concept as a framework.

A Message from the Chairman

The essence of a company’s success is to achieve and sustain excellence in all aspects of its business. This is frequently referred to in today’s corporate world as sustainability, and it is a concept that we have strongly embraced at FPL Group for some time.

Lewis Hay, IIIAt its core, sustainability focuses on three key areas – the so-called “triple bottom line” that is the framework for reporting our performance against economic accountability, environmental stewardship and social responsibility. More broadly, sustainability reflects our company’s purpose, values and long-term approach to business. It requires us to take into account in our decision-making processes the needs of all our stakeholders – shareholders, customers, employees, business partners, governments, local communities and the public. Under the umbrella of sustainability, we’ve shown that strong commitments to the environment and to the communities we serve are consistent with achieving outstanding operating and financial results.

Currently, 88 percent of Americans* are as interested or more interested in the environment than they were a year ago. While almost all consumers believe that corporations owe it to them to engage in sustainable and environmentally conscious business practices, FPL Group can say we’ve demonstrated that type of commitment for decades and we’ll continue to do so well into the future. Our company is committed to sustaining the position we’ve earned as a leader in environmental stewardship and, especially, to demonstrating industry leadership in further reducing greenhouse gas emissions. In fact, in January 2007, we joined a group of diverse U.S. businesses and environmental organizations calling on the federal government to quickly enact mandatory climate change policies – and I and many other senior FPL Group executives continue to invest considerable time and energy in this effort.

By carefully balancing economic, environmental and social factors – and integrating them into our strategies and operations – we are working to make FPL Group an even better company.

Lewis Hay, III
Chairman, Chief Executive Officer

*2007 Cone Consumer Environmental Survey findings

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