Duke Energy Corporation, a leading energy company in the United States, is headquartered in Charlotte, North Carolina. Established in 1904, Duke Energy has evolved into a major player in the electric utility industry, serving millions of customers across the Carolinas, Florida, and the Midwest. The company focuses on the generation, transmission, and distribution of electricity, with a strong commitment to renewable energy sources and sustainability. Duke Energy's core services include electric power generation, natural gas distribution, and energy efficiency programmes, setting it apart with its innovative approach to clean energy solutions. Notably, the company has made significant strides in reducing carbon emissions and expanding its renewable energy portfolio. With a robust market position, Duke Energy is recognised for its reliability and commitment to customer service, making it a trusted name in the energy sector.
How does Duke 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 Electricity from Other Sources 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.
Duke Energy's score of 33 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Duke Energy reported carbon emissions of approximately 72,000,000,000 kg CO2e for Scope 1, 413,900,000 kg CO2e for Scope 2, and significant contributions from Scope 3 emissions, including 6,800,000,000 kg CO2e from the use of sold products and 22,500,000,000 kg CO2e from fuel and energy-related activities. Over the years, Duke Energy has shown a trend of reducing its Scope 1 emissions from about 139,000,000,000 kg CO2e in 2005 to the latest figure in 2023. This represents a notable decrease, reflecting the company's commitment to lowering its carbon footprint. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. Duke Energy's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in the context of their operational strategies and climate commitments. The company continues to navigate the complexities of carbon management as it aims to enhance its sustainability practices in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2005 | 2006 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 139,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 844,500,000 | 000,000,000 | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 160,400,000 | 000,000,000 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Duke Energy is committed to some 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.