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 23 is higher than 95% 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 carbon emissions of approximately 6,074,026,000 kg CO2e globally, comprising 5,466,875,000 kg CO2e from Scope 1 emissions and 607,151,000 kg CO2e from Scope 2 emissions. This represents a significant commitment to transparency in their emissions reporting, as they have disclosed both Scope 1 and Scope 2 emissions for the year. Over the years, Peabody's emissions have fluctuated, with total emissions in 2022 reaching about 6,510,330,000 kg CO2e, indicating a slight reduction in 2023. The company has not set specific reduction targets or initiatives as part of their climate commitments, which may limit their ability to demonstrate a proactive approach to climate change mitigation. Peabody's carbon intensity metrics, such as carbon intensity per million USD revenue, have shown a trend towards lower emissions relative to revenue, suggesting an effort to improve operational efficiency. However, without defined reduction targets or initiatives, the effectiveness of these measures remains uncertain. Overall, while Peabody Energy has made strides in emissions reporting, the absence of concrete reduction commitments raises questions about their long-term climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 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 committed to any reduction initiatives 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.