Duke Energy

InfluenceMap Score
E+
Performance Band
37%
Organisation Score
43%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Charlotte, United States
Brands and Associated Companies
Duke Energy Renewables, Duke Energy Retail, Duke Energy International
Wikipedia:

Duke Energy appears to have a negative influence on climate change policy in the US. In its 2018 Sustainability Report, Duke Energy emphasizes the threat of energy poverty in responding to climate change. Similarly, Duke generally emphasizes concern for energy prices and energy security when weighing up the need for urgent policy action on climate. The company's 2020 Climate Report offers some transparency in climate policy priorities, including broad support for advanced technologies driving a low-carbon transition. However, the report notes that Duke is disinclined to support strict regulations that dictate a certain energy mix or a carbon price.

Duke opposed the U.S. Clean Power Plan in 2014 and, evidence suggests, funded legal action to derail the plan in 2016. In 2018, Duke Energy supported repealing the Clean Power Plan to replace it with the weaker Affordable Clean Energy Rule. The utility has also consistently opposed net metering programs in various states and lobbied to increase the fixed monthly charges on electric bills, effectively disincentivizing certain forms of solar energy generation. Duke has supported certain “market-based” policies to encourage a lower-carbon energy mix. For example, in 2018, Duke launched a renewable energy tariff program for commercial and industrial customers in South Carolina.

While some evidence suggests Duke supports a balanced energy mix, it has also highlighted the ongoing importance of coal in recent years. In 2020, Duke CEO Lynn Good has repeatedly defended the role of natural gas in the energy mix. In her communications, Good continues to highlight the intermittency and costliness of renewables as a justification for increasing natural gas and nuclear power in the energy mix. In 2020, Duke submitted a comment on proposed reforms to the National Environmental Policy Act, citing burdensome delays to energy infrastructure projects resulting from the law. In addition to advanced Carbon Capture and Storage technology, Duke’s 2020 climate report emphasizes policy advocacy on other advanced technologies such as seasonal battery storage and nuclear.

Duke Energy remains a member of several trade associations actively opposed to US climate change policy, including the US Chamber of Commerce and American Legislative Exchange Council. 2020 evidence shows that Duke is disclosing annual membership dues paid to the Chamber of Commerce and other trade associations. However, it does not disclose its membership with ALEC, which is evidenced in the list of attendees to ALEC's 2019 Annual Meeting. In addition, while Duke maintains that continued participation is important for driving internal discussions, the utility has not issued a clear or concise review of how these groups' lobbying activities align with or diverge from its own.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency
1 NS NS NS -1 1 -1 NA
Climate Science Stance
0 -1 NA -1 0 0 -1 NA
Need for Climate Regulation
0 NS NA NS -2 0 NS NA
UN Treaty Support
NS NS NA NS NS NS NS NA
Transparency on Legislation
0 NA -1 NA NA NA NS NA
Carbon Tax
NS NS 0 NS 1 NS NS NA
Emissions Trading
NS NS 0 0 1 NS NS NA
Energy Efficiency Standards
NS NS NS -2 -2 NS NS NA
Renewable Energy Legislation
NS -1 0 -2 -1 0 NS NA
Energy Policy and Mix
0 0 0 0 0 0 -1 NA
GHG Emission Standards
0 -1 -2 -1 0 0 -1 NA
Disclosure on Relationships
1 NS -2 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
43%
 
43%
 
25%
 
25%
 
47%
 
47%
 
91%
 
91%
 
11%
 
11%

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.