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 92% 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 6,074,026,000 kg CO2e globally. This figure includes about 5,466,875,000 kg CO2e from Scope 1 emissions and around 607,151,000 kg CO2e from Scope 2 emissions. In the US alone, the company recorded about 3,946,486,000 kg CO2e, with Scope 1 emissions contributing approximately 2,658,951,000 kg CO2e and Scope 2 emissions at about 419,577,000 kg CO2e. In Australia, emissions reached approximately 2,127,540,000 kg CO2e, with Scope 1 emissions at about 1,427,422,000 kg CO2e and Scope 2 emissions at around 187,574,000 kg CO2e. Peabody has set ambitious climate commitments, aiming for a 15% net reduction in Scope 1 and 2 greenhouse gas emissions by 2026, based on 2018 levels. This target reflects the company's ongoing efforts to mitigate its carbon footprint and transition towards more sustainable practices. Additionally, Peabody is focused on promoting low-carbon technologies and engaging with various stakeholders to support initiatives that enhance energy access and reduce emissions. Overall, Peabody Energy's emissions data and climate commitments highlight its recognition of the need for significant reductions in greenhouse gas emissions as part of its operational strategy.
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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.
