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.
+18 vs industry average
Duke Energy’s score of 33 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Duke Energy's reported carbon emissions
Duke Energy, a US-based electricity provider, reported total emissions of approximately 103.8 billion kg CO2e for the year 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2023, Scope 1 emissions were approximately 72 billion kg CO2e, while Scope 2 emissions were about 413.9 million kg CO2e. Scope 3 emissions were substantial, including approximately 6.8 billion kg CO2e from the use of sold products, 4.3 billion kg CO2e from purchased goods and services, and 22.5 billion kg CO2e from fuel and energy-related activities. Looking at previous years, Duke Energy's total emissions were approximately 80.5 billion kg CO2e in 2022 and about 99.5 billion kg CO2e in 2021. In 2022, Scope 1 emissions were around 77 billion kg CO2e, with Scope 2 emissions at approximately 424.4 million kg CO2e. Scope 3 emissions in 2022 included about 7.9 billion kg CO2e from the use of sold products and 26.2 billion kg CO
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Duke Energy’s Climate Goals (2030 & 2050)
13 goals2030
50% reduction in Scope 1
Duke Energy would achieve its goals of at least a 50% reduction in carbon emissions from 2005 levels by 2030.
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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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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