Duke Energy Corp

Common Name
Duke Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
26,413
Ticker
DUK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Duke Energy Corporation is a leading energy holding company specializing in electric and gas utilities. Its core purpose is to generate, transmit, and distribute electricity to millions of customers, ...

Duke Energy's GHG Emissions Data Preview

In 2023, Duke Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Duke Energy has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Duke Energy’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Duke Energy’s data sources below and access millions more through our Disclosure Search.

a. Duke Energy's Impact Report 2023
a. Duke Energy's Impact Report 2023
b. Duke Energy's Sustainability Report 2020
b. Duke Energy's Sustainability Report 2020

Insights into Duke Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Duke Energy amounted to 73,214,900 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Duke Energy decreased by 6.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Duke Energy's Scope 1 Emissions Over Time

201820192020202120222023025 M50 M75 M100 MtCO2e-12%-12%+4%0%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Duke Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Duke Energy were 72,801,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Duke Energy reduced its Scope 1 emissions over time?

Since 2018, Duke Energy's Scope 1 emissions have decreased by 24.36%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Duke Energy's Scope 1 emissions decreased by 6.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Duke Energy's Scope 2 emissions?

In 2023, Duke Energy reported Scope 2 greenhouse gas (GHG) emissions of 413,900 tCO₂e without specifying the calculation method. a

Has Duke Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Duke Energy's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Duke Energy 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Duke Energy use for Scope 2 reporting?

In 2023, Duke Energy reported its Scope 2 emissions using an unspecified methodology. a

Duke Energy's Scope 2 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Duke Energy's Value Chain Emissions

In 2023, Duke Energy reported 33,636,100 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Duke Energy includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Duke Energy's Scope 3 Emissions Over Time

2019202020212022202309.5 M19 M28.5 M38 MtCO2e0%+6%+20%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Duke Energy's Scope 3 emissions?

In 2023, Duke Energy reported total Scope 3 emissions of 33,636,100 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 79.78% of these emissions originated from upstream activities such as purchased goods and capital goods, while 20.22% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Duke Energy's Scope 3 emissions decreased by 11.34%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Duke Energy disclose?

In 2023, Duke Energy reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Duke Energy's Scope 3 emissions?

In 2023, the largest contributors to Duke Energy's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 22,500,000 tCO₂e (66.89%)
  • Use of Sold Products (Cat. 11): 6,800,000 tCO₂e (20.22%)
  • Purchased Goods and Services (Cat. 1): 4,300,000 tCO₂e (12.78%)

Duke Energy's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(20.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(66.9%)Purchased Goods andServices (Cat. 1)(12.8%)

Insights into Duke Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Duke Energy reported Scope 1 greenhouse gas (GHG) emissions of 72,801,000 tCO₂e and total revenues of USD 29,060 millions. This translates into an emissions intensity of 2,505.2 tCO₂e per millions USD. a

Duke Energy's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00050,000,000500,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)CTSouthernYear: 2023Scope 1: 79,300,000 tCO2eRevenue: $M 25,253Scope 1 Intensity: 3,140.22 tCO2e/$MAmerican Electric PowerYear: 2023Scope 1: 44,453,919 tCO2eRevenue: $M 18,982Scope 1 Intensity: 2,341.86 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MCMS EnergyYear: 2023Scope 1: 16,083,829 tCO2eRevenue: $M 7,462Scope 1 Intensity: 2,155.43 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MConsolidated EdisonYear: 2023Scope 1: 2,676,000 tCO2eRevenue: $M 14,663Scope 1 Intensity: 182.50 tCO2e/$MDTE EnergyYear: 2023Scope 1: 22,631,000 tCO2eRevenue: $M 12,745Scope 1 Intensity: 1,775.68 tCO2e/$MEdison InternationalYear: 2023Scope 1: 1,200,000 tCO2eRevenue: $M 16,338Scope 1 Intensity: 73.45 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MFirstEnergyYear: 2023Scope 1: 15,206,375 tCO2eRevenue: $M 12,870Scope 1 Intensity: 1,181.54 tCO2e/$MAlliant EnergyYear: 2023Scope 1: 13,631,273 tCO2eRevenue: $M 4,027Scope 1 Intensity: 3,384.97 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MPPLYear: 2023Scope 1: 25,291,849 tCO2eRevenue: $M 8,312Scope 1 Intensity: 3,042.81 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MNextera EnergyYear: 2023Scope 1: 42,278,597 tCO2eRevenue: $M 28,114Scope 1 Intensity: 1,503.83 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MDominion EnergyYear: 2023Scope 1: 29,500,000 tCO2eRevenue: $M 14,393Scope 1 Intensity: 2,049.61 tCO2e/$MPSEGYear: 2023Scope 1: 549,002 tCO2eRevenue: $M 11,237Scope 1 Intensity: 48.86 tCO2e/$MHawaiian Electric IndustriesYear: 2023Scope 1: 4,418,816 tCO2eRevenue: $M 3,682Scope 1 Intensity: 1,200.06 tCO2e/$MXcel EnergyYear: 2023Scope 1: 36,180,000 tCO2eRevenue: $M 14,206Scope 1 Intensity: 2,546.81 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MEversource EnergyYear: 2023Scope 1: 158,122 tCO2eRevenue: $M 11,911Scope 1 Intensity: 13.28 tCO2e/$MDuke EnergyYear: 2023Scope 1: 72,801,000 tCO2eRevenue: $M 29,060Scope 1 Intensity: 2,505.20 tCO2e/$M

How does Duke Energy's GHG emissions intensity compare to its peers?

In 2023, Duke Energy reported a Scope 1 emissions intensity of 2,505.2 tCO₂e per millions USD. Compared to the peer group median of 2,101.58 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Duke Energy rank on GHG emissions intensity within its industry?

In 2023, Duke Energy ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Duke Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Duke Energy's Total Carbon Footprint

In 2023, Duke Energy reported a total carbon footprint of 106,851,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.05% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Duke Energy's total carbon footprint was Scope 1 emissions, accounting for 68.13% of the company's total carbon footprint, followed by Scope 3 emissions at 31.48%. a

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