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PPL Corp

Common Name
PPL
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
6,653
Ticker
PPL
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
PPL Corporation is a major utility company specializing in the generation, transmission, and distribution of electricity and natural gas to approximately 3.5 million customers in the United States. Op...

PPL's GHG Emissions Data Preview

In 2024, PPL 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).

PPL has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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a
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind PPL’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 PPL’s data sources below and access millions more through our Disclosure Search.

a. PPL's Sustainability Report 2024
a. PPL's Sustainability Report 2024
b. PPL's CDP Climate sourced from company’s website 2021
b. PPL's CDP Climate sourced from company’s website 2021

Insights into PPL's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofPPL amounted to26,681,751metric 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 2023, the total operational greenhouse gas (GHG) emissions of PPLincreased by 5.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

PPL's Scope 1 Emissions Over Time

2018201920202023202407.5 M15 M22.5 M30 MtCO2e-9%-7%+1%+5%
  • Total Scope 1
  • Year-over-Year Change

What are PPL's Scope 1 emissions?

In 2024, the total Scope 1 emissions of PPL were 26,663,140 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has PPL reduced its Scope 1 emissions over time?

Since 2018, PPL's Scope 1 emissions have decreased by 9.95%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), PPL's Scope 1 emissions increased by 5.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are PPL's Scope 2 emissions?

In 2024, PPL reported Scope 2 greenhouse gas (GHG) emissions of 18,611 tCOâ‚‚e without specifying the calculation method.a

Has PPL reduced its Scope 2 emissions over time?

Compared to the previous year(2023), PPL's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that PPL's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does PPL use for Scope 2 reporting?

In 2024, PPL reported its Scope 2 emissions using an unspecified methodology.a

PPL's Scope 2 Emissions Over Time

201820192020202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into PPL's Value Chain Emissions

In 2024, PPL reported 8,782,711 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of PPL includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

PPL's Scope 3 Emissions Over Time

20202023202402.5 M5 M7.5 M10 MtCO2e+13%-5%
  • Total Scope 3
  • Year-over-Year Change

What are PPL's Scope 3 emissions?

In 2024, PPL reported total Scope 3 emissions of 8,782,711 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 54.28%of these emissions originated from upstream activities such as purchased goods and capital goods, while 45.72%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), PPL's Scope 3 emissions remained relatively stable, indicating that PPL's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does PPL disclose?

In 2024, PPL reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2024, the largest contributors to PPL's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 4,758,381 tCOâ‚‚e(54.18%)
  • Use of Sold Products (Cat. 11): 4,015,726 tCOâ‚‚e(45.72%)
  • Employee Commuting (Cat. 7): 7,421 tCOâ‚‚e(0.08%)

PPL's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(54.2%)Use of Sold Products(Cat. 11)(45.7%)

Insights into PPL’s GHG Emissions Intensity Compared to Industry Peers

In 2024, PPL reported Scope 1 greenhouse gas (GHG) emissions of 26,663,140 tCOâ‚‚e and total revenues of USD 8,462 millions. This translates into an emissions intensity of 3,150.93 tCOâ‚‚e per millions USD.a

PPL's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)CTPortland General ElectricYear: 2024Scope 1: 6,412,964 tCO2eRevenue: $M 3,440Scope 1 Intensity: 1,864.23 tCO2e/$MPinnacle West CapitalYear: 2024Scope 1: 10,975,406 tCO2eRevenue: $M 5,125Scope 1 Intensity: 2,141.58 tCO2e/$MAmerican Electric PowerYear: 2024Scope 1: 46,900,437 tCO2eRevenue: $M 19,721Scope 1 Intensity: 2,378.16 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MCMS EnergyYear: 2024Scope 1: 18,450,920 tCO2eRevenue: $M 7,515Scope 1 Intensity: 2,455.21 tCO2e/$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: 2024Scope 1: 2,587,000 tCO2eRevenue: $M 15,256Scope 1 Intensity: 169.57 tCO2e/$MDTE EnergyYear: 2024Scope 1: 24,216,000 tCO2eRevenue: $M 12,457Scope 1 Intensity: 1,943.97 tCO2e/$MEdison InternationalYear: 2024Scope 1: 1,100,000 tCO2eRevenue: $M 17,599Scope 1 Intensity: 62.50 tCO2e/$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: 2024Scope 1: 14,018,734 tCO2eRevenue: $M 13,472Scope 1 Intensity: 1,040.58 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MNextera EnergyYear: 2024Scope 1: 43,409,916 tCO2eRevenue: $M 24,753Scope 1 Intensity: 1,753.72 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MDominion EnergyYear: 2024Scope 1: 31,862,016 tCO2eRevenue: $M 14,459Scope 1 Intensity: 2,203.61 tCO2e/$MPSEGYear: 2024Scope 1: 581,556 tCO2eRevenue: $M 10,290Scope 1 Intensity: 56.52 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MEversource EnergyYear: 2024Scope 1: 153,699 tCO2eRevenue: $M 11,901Scope 1 Intensity: 12.92 tCO2e/$MWEC Energy GroupYear: 2024Scope 1: 19,060,000 tCO2eRevenue: $M 8,600Scope 1 Intensity: 2,216.30 tCO2e/$MPPLYear: 2024Scope 1: 26,663,140 tCO2eRevenue: $M 8,462Scope 1 Intensity: 3,150.93 tCO2e/$M

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

In 2024, PPL reported a Scope 1 emissions intensity of 3,150.93 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,141.58, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does PPL rank on GHG emissions intensity within its industry?

In 2024, PPL ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places PPL among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into PPL's Total Carbon Footprint

In 2024, PPL reported a total carbon footprint of 35,464,462 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.71% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to PPL's total carbon footprint was Scope 1 emissions, accounting for 75.18% of the company's total carbon footprint, followed by Scope 3 emissions at 24.76%.a

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