Climate Change

Duke Energy

Brands and Associated Companies Duke Energy Renewables Duke Energy Retail Duke Energy International
InfluenceMap Score
E+
Performance Band
34%
Organisation Score
43%
Relationship Score
Sector:
Utilities
Head​quarters:
Charlotte, United States
Brands and Associated Companies
Duke Energy Renewables, Duke Energy Retail, Duke Energy International
Wikipedia:

Duke Energy is negatively lobbying on a range energy and climate change policy in the US. In its latest SEC10-K filing (submitted Feb 2016) Duke Energy emphasised the uncertainty of the future impacts of climate change and the company has consistently suggested that concern for energy prices and energy security should weigh against the ambition of climate change policy. In 2014, Duke Energy opposed the US Clean Power Plan in consultation with the US policy makers. In 2016, the company has showed some positive engagment with state plans to comply with the plan. However, Duke Energy’s 2016 CDP Response shows ongoing opposition to the regulation and evidence suggests the company has been secretly funding legal action to derail the plan. Duke Energy supports ‘market-mechanisms’ to reduce GHG emissions and the company supports the use of emission trading in the implementation of the US Clean Power Plan. However, in consultation with US EPA in 2016, Duke Energy advocated for a number of provisions that may weaken the ambition of future schemes adopted as part of the plan. Despite continued support for renewable energy and energy efficiency standards in North Carolina in 2015, Duke Energy has in 2015 and 2016 also lobbied against a range of other renewable energy and energy efficiency legislative items, including schemes related to the Clean Power Plan and various state-level policies encouraging distributed renewable energy generation. Duke energy has previously supported a high GHG energy mix in the US, although evidence from 2016 suggests increasing support for a transition from coal to gas. However, Duke Energy also appears to appears to oppose the Clean Power Plan specifically due to its ambition of shifting power generation towards clean energy sources, and in 2016 criticised aspects of the plan as amounting to ‘wealth transfer’ from conventional electric generation to renewable energy sources. Despite in 2009 reportedly leaving the National Association of Manufacturers as a result of their opposition to climate change policy, Duke Energy remain members of multiple organizations actively opposing climate change legislation including Business Roundtable, the American Legislative Exchange Council and the Edison Electric Institute.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 0 NS NS NS NS NS -1 NA
Climate Science Stance -1 -1 NA -1 0 -1 -1 NA
Need for climate regulations NS NS -1 NS NS NS NS NA
UN Treaty Support NS NS NA NS NS NS NS NA
Transparency on Legislation -1 NA -1 NA NA NA NS NA
Carbon Tax NS NS NS NS 1 NS NS NA
Emissions Trading NS NS 1 0 1 NS NS NA
Energy Efficiency Standards NS NS NS -2 -2 NS NS NA
Renewable Energy Legislation NS -1 NS -2 -1 0 NS NA
Energy Policy and Mix 0 -1 -2 -2 0 0 -1 NA
GHG Emission Standards 0 -1 -2 -2 0 0 -1 NA
Disclosure on Relationships 0 NS -2 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
50%
 
71%
 
7%
 
30%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.