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.
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.
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.
Peabody Energy's score of 20 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Peabody Energy reported total greenhouse gas emissions of approximately 6,074,026,000 kg CO2e, which includes 5,466,875,000 kg CO2e from Scope 1 and 607,151,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to achieve a 15% net reduction in Scope 1 and 2 greenhouse gas emissions by 2026, starting from a baseline year of 2018. Furthermore, Peabody aims for a more significant reduction of 20% in these emissions by 2030. Peabody's commitment to reducing its carbon footprint includes funding research and initiatives in low-emission technologies and engaging with various stakeholders to promote clean coal technologies. The company has also reported a carbon intensity of about 47.0 tonnes CO2e per tonne mined, indicating its operational impact on emissions relative to production. As Peabody continues to navigate the challenges of climate change, its focus remains on achieving these reduction targets while fostering sustainable practices within the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
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 |
Scope 2 | 800,872,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - |
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.