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 53 is higher than 94% 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 total carbon emissions of approximately 72 million tonnes CO2e from Scope 1, about 414 thousand tonnes CO2e from Scope 2, and significant Scope 3 emissions, including approximately 6.8 million tonnes CO2e from the use of sold products and about 22.5 million tonnes CO2e from fuel and energy-related activities. Duke Energy has set ambitious climate commitments, aiming for net-zero CO2 emissions from electricity generation (Scope 1) by 2050. Additionally, the company targets a reduction of at least 50% in carbon emissions from its generation fleet by 2030, compared to 2005 levels, which translates to a decrease from approximately 153 million tonnes to about 75.5 million tonnes CO2e. For Scope 2 emissions, Duke Energy plans to achieve net-zero by 2050. The company is also committed to reaching net-zero methane emissions from its natural gas distribution by 2030. Furthermore, it aims to reduce Scope 3 emissions from customer use of natural gas to net-zero by 2050. These initiatives reflect Duke Energy's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2005 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 139,000,000,000 | 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 | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 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 participating in some 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.