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 prominent utility holding company with a primary focus on delivering electricity and natural gas services to a wide range of customers. Headquartered in Allentown, Pennsylvania, P...

PPL's GHG Emissions Data Preview

In 2023, 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 3 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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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into PPL's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of PPL amounted to 25,313,107 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).

Compared to 2020, the total operational greenhouse gas (GHG) emissions of PPL decreased by 1.16%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

PPL's Scope 1 Emissions Over Time

201820192020202307.5 M15 M22.5 M30 MtCO2e-9%-7%+1%
  • Total Scope 1
  • Year-over-Year Change

What are PPL's Scope 1 emissions?

In 2023, the total Scope 1 emissions of PPL were 25,291,849 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has PPL reduced its Scope 1 emissions over time?

Since 2018, PPL's Scope 1 emissions have decreased by 14.58%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2020), PPL's Scope 1 emissions remained relatively stable, indicating that PPL's emissions have plateaued with no significant change in its operational footprint.

What are PPL's Scope 2 emissions?

In 2023, PPL reported Scope 2 greenhouse gas (GHG) emissions of 21,258 tCOâ‚‚e without specifying the calculation method.

What methodology does PPL use for Scope 2 reporting?

In 2023, PPL reported its Scope 2 emissions using an unspecified methodology.

PPL's Scope 2 Emissions Over Time

20182019202020230150 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 2023, PPL reported 9,407,649 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of PPL includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2020, reflecting improved emissions accounting practices and greater transparency across the company's value chain

PPL's Scope 3 Emissions Over Time

2020202302.5 M5 M7.5 M10 MtCO2e+16%
  • Total Scope 3
  • Year-over-Year Change

What are PPL's Scope 3 emissions?

In 2023, PPL reported total Scope 3 emissions of 9,407,649 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.87% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2020), PPL's Scope 3 emissions increased by 15.61%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does PPL disclose?

In 2023, PPL reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to PPL's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 9,395,728 tCOâ‚‚e (99.87%)
  • Employee Commuting (Cat. 7): 10,870 tCOâ‚‚e (0.12%)
  • Business Travel (Cat. 6): 1,051 tCOâ‚‚e (0.01%)

PPL's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.9%)

Insights into PPL's Total Carbon Footprint

In 2023, PPL reported a total carbon footprint of 34,720,756 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.88% increase compared to 2020, suggesting a rise in emissions across its operations or value chain.

The largest contributor to PPL's total carbon footprint was Scope 1 emissions, accounting for 72.84% of the company's total carbon footprint, followed by Scope 3 emissions at 27.1%.

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