PPL Corporation, a leading player in the electricity sector, is headquartered in the United States and operates primarily in the northeastern and western regions. Founded in 1920, the company has established itself in the electricity nec (not elsewhere classified) industry, focusing on the generation, transmission, and distribution of electric power.
PPL Corporation is renowned for its commitment to delivering reliable energy solutions, with a diverse portfolio that includes renewable energy sources and advanced grid technologies. The company has achieved significant milestones, including substantial investments in clean energy initiatives, positioning itself as a forward-thinking leader in the market. With a strong emphasis on sustainability and innovation, PPL Corporation continues to enhance its services, ensuring a stable energy future for its customers.
+31 vs industry average
PPL Corporation’s score of 46 is higher than 73% 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 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
PPL Corporation's reported carbon emissions
**PPL Corporation's Carbon Emissions and Climate Commitments** PPL Corporation, an electricity nec industry company headquartered in the US, has reported significant carbon emissions and established ambitious climate targets. **Recent Emissions Data:** * **2025:** PPL Corporation reported a total of approximately 27.3 billion kg CO2e. This included Scope 1 emissions of around 27.1 billion kg CO2e, Scope 2 emissions of approximately 19.2 million kg CO2e, and Scope 3 emissions of roughly 183.7 million kg CO2e. * **2024:** Total emissions for 2024 were approximately 27.1 billion kg CO2e, comprising nearly 26.5 billion kg CO2e from Scope 1, about 18.6 million kg CO2e from Scope 2, and approximately 558.2 million kg CO2e from Scope 3. * **2023:** PPL Corporation's total emissions in 2023 were approximately 25.8 billion kg CO2e. Scope 1 emissions amounted to about 25.2 billion kg CO2e, Scope 2 emissions were around 19.9 million kg CO2e, and Scope 3 emissions totalled approximately 632.2 million kg CO2e. **Climate Commitments and Reduction Targets:** PPL Corporation has set forth several key climate commitments aimed at significant emissions reductions: * **Net-Zero Goal:** PPL aims to achieve net-zero greenhouse gas emissions by 2050. This goal encompasses Scope 1 and Scope 2 activities. * **Long-Term Reductions:** * A goal to cut overall carbon emissions by 70% from 2010 levels by 2040 has been set. * Interim targets include an 80% reduction from 2010 levels by 2040 and a 70% reduction from 2010 levels by 2035. * A further target indicates emissions reaching nearly 90% below 2010 levels by 2050, based on specific planning period assumptions. * **Near-Term Reductions:** * PPL is targeting a 50% reduction in Scope 1 emissions from a 2020 baseline by 2030. * Similarly, Scope 2 emissions are targeted for a 50% reduction from a 2020 baseline by 2030. * In Kentucky, PPL aims to reduce the carbon intensity of its generation by roughly 26% from 2021 levels by 2030. * Fleet electrification efforts aim to reduce carbon emissions from fleet vehicles by 5,000 metric tons by 2030, representing an approximate 20-21% reduction from 2020 levels. * A goal to decrease energy use in buildings by 28% from 2019 levels by 2030 has also been established. These commitments demonstrate PPL Corporation's ongoing efforts to address climate change and reduce its environmental impact within the electricity sector.
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PPL Corporation’s Climate Goals (2030 & 2050)
9 goals2050
80% reduction in Scope 2
In February 2020, PPL announced a goal to cut the company’s carbon emissions 80% from 2010 levels by 2050. This goal covers CO2 and other gr…
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
1 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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