Peabody Energy
Peabody Energy Corporation, commonly referred to as Peabody, is a leading global coal producer headquartered in Great Britain. Established in 1883, the company has a rich history marked by significant milestones in the energy sector. Peabody operates primarily in the coal industry, focusing on the extraction, production, and sale of thermal and metallurgical coal across major regions, including North America and Australia. The company is renowned for its commitment to sustainable mining practices and innovative technologies that enhance operational efficiency. Peabody's core products include high-quality coal that meets diverse energy needs, making it a key player in the global energy market. With a strong market position, Peabody has achieved notable recognition for its efforts in responsible resource management and community engagement, solidifying its reputation as a trusted leader in the coal industry.
DitchCarbon Score
How does Peabody Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Recycled Raw Materials industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Peabody Energy's score of 30 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Peabody Energy's reported carbon emissions
In 2024, Peabody Energy reported total carbon emissions of approximately 5,106,580,000 kg CO2e for Scope 1 and 557,072,000 kg CO2e for Scope 2, resulting in a combined total of about 5,663,651,000 kg CO2e. This marks a significant commitment to reducing greenhouse gas emissions, with a target of achieving a 15% net reduction in Scope 1 and 2 emissions by 2026, based on 2018 levels. Additionally, Peabody aims for a more ambitious 20% reduction in these emissions by 2030. In 2023, the company reported Scope 1 emissions of approximately 5,466,875,000 kg CO2e and Scope 2 emissions of about 607,151,000 kg CO2e globally. The 2023 data also highlighted a focus on fugitive emissions, particularly in the US, which accounted for about 2,658,951,000 kg CO2e of Scope 1 emissions. Peabody Energy's climate strategy includes funding research and initiatives in low-emission technologies and engaging with various stakeholders to promote sustainable practices. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Peabody Energy is actively working towards its climate commitments while navigating the challenges of emissions reduction in the coal industry.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,739,656,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 800,872,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Peabody Energy is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
