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Duke Energy Corporation, a leading player in the electricity sector, is headquartered in the United States and primarily operates in the Southeast and Midwest regions. Founded in 1904, the company has evolved significantly, achieving key milestones such as the merger with Progress Energy in 2012, which expanded its reach and capabilities.
Specialising in the generation, transmission, and distribution of electricity, Duke Energy offers a diverse range of services, including renewable energy solutions and energy efficiency programmes. Its commitment to sustainability and innovation sets it apart in the industry. As one of the largest electric power holding companies in the United States, Duke Energy is recognised for its substantial market presence and dedication to providing reliable energy to millions of customers.
+31 vs industry average
Duke Energy’s score of 47 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Duke Energy, an electricity company headquartered in the US, reported its Scope 1 emissions for 2025 as approximately 80.70 billion kg CO2e. Scope 2 emissions for the same year were about 283.7 million kg CO2e, and partial Scope 3 emissions, including purchased goods and services, waste generated in operations, and fuel and energy-related activities, totalled approximately 22.64 billion kg CO2e. In 2024, the company's Scope 1 emissions were approximately 79.76 billion kg CO2e, Scope 2 emissions were about 254 million kg CO2e, and partial Scope 3 emissions (purchased goods and services, waste generated in operations, and fuel and energy-related activities) amounted to approximately 20.6 billion kg CO2e. For 2023, only Scope 1 emissions were disclosed, reaching approximately 73 billion kg CO2e. In 2022, Duke Energy's Scope 1 emissions were approximately 78.80 billion kg CO2e, Scope 2 emissions were about 420 million kg CO2e, and partial Scope 3 emissions were approximately 38.58 billion kg CO2e.
Duke Energy has set several climate commitments. The company aims to reduce carbon emissions from electricity generation (Scope 1 emissions) by at least 50% from 2005 levels by 2030, with a further objective of an 80% reduction by 2040, and to achieve net-zero CO2 emissions from electricity generation by 2050. They also target net-zero methane emissions from their natural gas distribution business (Scope 1 emissions) by 2030. For Scope 2 emissions, Duke Energy aims for net-zero by 2050. Regarding Scope 3 emissions, the company is working towards a 50% reduction by 2035 for certain upstream and downstream emissions, including emissions from purchased power, fossil fuel purchases, and customer use of natural gas, with a long-term goal of net-zero by 2050. These targets are inherited from Duke Energy Corporation.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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