Duke Energy
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Duke Energy's score of 53 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Duke Energy's reported carbon emissions
In 2023, Duke Energy reported total carbon emissions of approximately 14,500,000 kg CO2e, with Scope 1 emissions accounting for about 10,000,000 kg CO2e, Scope 2 emissions at approximately 4,000,000 kg CO2e, and Scope 3 emissions at about 500,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero CO2 emissions from electricity generation (Scope 1) by 2050 and a 50% reduction in carbon emissions from its generation fleet by 2030, relative to 2005 levels. This target translates to a reduction from 153 million short tons to 75.5 million short tons. Duke Energy also aims to achieve net-zero methane emissions from its natural gas distribution business by 2030. Additionally, the company has committed to reducing Scope 2 emissions to net-zero by 2050 and has set a long-term goal of achieving net-zero downstream carbon emissions from customers’ consumption of natural gas (Scope 3) by 2050. These initiatives reflect Duke Energy's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions, aligning with industry standards and expectations for sustainability.
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| 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 |
| Scope 2 | - | - | - | - | - | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000 |
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.
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.
