Peabody Energy
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Peabody Energy's score of 23 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Peabody Energy's reported carbon emissions
In 2023, Peabody Energy reported significant carbon emissions, totalling approximately 5,466,875,000 kg CO2e for Scope 1 and about 607,151,000 kg CO2e for Scope 2, resulting in a combined total of approximately 6,074,026,000 kg CO2e for both scopes. The company has set ambitious targets to achieve a 15% net reduction in Scope 1 and 2 greenhouse gas emissions by 2026, with the baseline year being 2018. This commitment reflects Peabody's ongoing efforts to mitigate its carbon footprint and transition towards more sustainable practices. Peabody's initiatives include funding research and partnerships focused on low-emission technologies, particularly in the U.S., Australia, and China. The company aims to engage with various stakeholders to foster informed dialogue on energy and emissions reduction. As of now, Peabody has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Peabody Energy's climate commitments demonstrate a proactive approach to reducing greenhouse gas emissions while promoting the development of cleaner energy technologies.
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| 2018 | 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 | - | - | - | - | - | - |
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.
Peabody Energy is not participating in any 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.
