Submit your email to push it up the queue
Duke Energy Corporation, a leading energy company in the United States, is headquartered in Charlotte, North Carolina. Established in 1904, Duke Energy has evolved into a major player in the electric utility industry, serving millions of customers across the Carolinas, Florida, and the Midwest. The company focuses on the generation, transmission, and distribution of electricity, with a strong commitment to renewable energy sources and sustainability. Duke Energy's core services include electric power generation, natural gas distribution, and energy efficiency programmes, setting it apart with its innovative approach to clean energy solutions. Notably, the company has made significant strides in reducing carbon emissions and expanding its renewable energy portfolio. With a robust market position, Duke Energy is recognised for its reliability and commitment to customer service, making it a trusted name in the energy sector.
How does Duke 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 Electricity from Other Sources 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.
Duke Energy's score of 50 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Duke Energy reported total carbon emissions of approximately 72 million tonnes CO2e from Scope 1, 0.414 million tonnes CO2e from Scope 2, and significant contributions from Scope 3 emissions, including about 6.8 million tonnes CO2e from the use of sold products and approximately 22.5 million tonnes CO2e from fuel and energy-related activities. This reflects a slight decrease in Scope 1 emissions from 77 million tonnes CO2e in 2022, indicating ongoing efforts to reduce their carbon footprint. Duke Energy has set ambitious climate commitments, aiming for net-zero CO2 emissions from electricity generation (Scope 1) by 2050. Additionally, they plan to reduce Scope 1 emissions by at least 50% from 2005 levels by 2030, which translates to a reduction from approximately 153 million short tons to about 75.5 million short tons. For Scope 2 emissions, the company targets net-zero by 2050, while also committing to achieving net-zero methane emissions from their natural gas distribution business by 2030. Duke Energy's initiatives include a long-term goal of an 80% reduction in carbon emissions from 2005 levels by 2040, with a near-term target of at least a 50% reduction by 2030. These commitments are part of their broader strategy to address climate change and transition towards sustainable energy solutions.
Access structured emissions data, company-specific emission factors, and source documents
2005 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 139,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Duke Energy is participating in some 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.