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Duke Energy Corporation, a leading player in the electricity sector, is headquartered in the United States and primarily operates in the Southeast and Midwest regions. Founded in 1904, the company has evolved significantly, achieving key milestones such as the merger with Progress Energy in 2012, which expanded its reach and capabilities.
Specialising in the generation, transmission, and distribution of electricity, Duke Energy offers a diverse range of services, including renewable energy solutions and energy efficiency programmes. Its commitment to sustainability and innovation sets it apart in the industry. As one of the largest electric power holding companies in the United States, Duke Energy is recognised for its substantial market presence and dedication to providing reliable energy to millions of customers.
+31 vs industry average
Duke Energy’s score of 47 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Duke Energy, an electricity company headquartered in the US, reported its Scope 1, 2, and 3 carbon emissions for 2025. In 2025, Duke Energy's Scope 1 emissions were approximately 80.7 billion kg CO2e, with Scope 2 emissions at about 283.7 million kg CO2e. Scope 3 emissions in 2025 included approximately 3.8 billion kg CO2e from purchased goods and services, 32 million kg CO2e from waste generated in operations, and 18.81 billion kg CO2e from fuel and energy related activities.
Looking back, in 2024, Duke Energy's Scope 1 emissions were approximately 79.76 billion kg CO2e, and Scope 2 emissions were around 254 million kg CO2e. Scope 3 emissions for 2024 included approximately 3.6 billion kg CO2e from purchased goods and services, 30 million kg CO2e from waste generated in operations, and 16.97 billion kg CO2e from fuel and energy related activities.
For 2023, only Scope 1 emissions data is available, totalling approximately 73 billion kg CO2e. In 2022, Duke Energy's Scope 1 emissions were around 78.8 billion kg CO2e, and Scope 2 location-based emissions were approximately 420 million kg CO2e. Their Scope 3 emissions in 2022 included about 8 million kg CO2e from business travel, 170 million kg CO2e from employee commute, 7.9 billion kg CO2e from use of sold products, 280 million kg CO2e from processing of sold products, 3.8 billion kg CO2e from purchased goods and services, 30 million kg CO2e from waste generated in operations, and 26.4 billion kg CO2e from fuel and energy related activities.
Duke Energy has established several ambitious climate commitments. The company aims to achieve net-zero Scope 1 emissions from electricity generation by 2050. They also target at least a 50% reduction in Scope 1 carbon dioxide emissions from their generation fleet by 2030, compared to 2005 levels, and an 80% reduction by 2040. Furthermore, Duke Energy is committed to achieving net-zero methane emissions from its natural gas distribution business (Scope 1) by 2030.
Regarding Scope 2 emissions, Duke Energy aims for net-zero emissions from electricity purchased for company use by 2050. For Scope 3 emissions, they are targeting net-zero upstream methane and carbon emissions related to purchased natural gas, as well as downstream carbon emissions from customers' consumption of natural gas, by 2050. A more immediate goal is to reduce Scope 2 and certain Scope 3 emissions, including upstream purchased power, fossil fuel purchases, and downstream customer natural gas use, by 50% by 2035, on the path to net-zero by 2050.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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