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Company Directory - Duke Energy

Company Details - Duke Energy

Duke Energy Logo

Duke Energy

Website

Charlotte, United States

NYSE: DUK 

ISIN: US26441C2044

5 Locations

Duke Energy is a leading energy company in the United States, providing electric and natural gas services to millions of customers in the Southeast and Midwest. The company is committed to sustainable energy practices and innovating for a cleaner energy future.

CCI Score

CCI Score: Duke Energy

-34.39

0.02%

Latest Event

Duke Energy's Lobbying and Revolving Door Practices Raise Concerns

An OpenSecrets profile reveals that Duke Energy contributed $1.61 million in the 2024 cycle and that a significant portion of its lobbyists—38 out of 58 in 2023 and 33 out of 54 in 2024—are former government officials. This revolving door phenomenon raises concerns about undue corporate influence on political processes and democratic accountability.

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TOADIE

Duke Energy is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Duke Energy's Lobbying and Revolving Door Practices Raise Concerns Logo
    APR
    03
    2025

    An OpenSecrets profile reveals that Duke Energy contributed $1.61 million in the 2024 cycle and that a significant portion of its lobbyists—38 out of 58 in 2023 and 33 out of 54 in 2024—are former government officials. This revolving door phenomenon raises concerns about undue corporate influence on political processes and democratic accountability.

  • -40

    Political Contributions and Lobbying Efforts

    April 3

    Duke Energy's political contributions and the high rate of former government officials transitioning into lobbying roles suggest a deep embedding in political networks. This revolving door practice can undermine democratic oversight and increase corporate leverage in policymaking, aligning with patterns that favor authoritarian consolidation of power.

    Duke Energy Profile: Summary • OpenSecrets

  • Duke Energy Fined for Security Failures Logo
    JAN
    01
    2025

    Duke Energy has been penalized with a $10 million fine by the North American Electric Reliability Corporation (NERC) for nearly 130 violations of Critical Infrastructure Protection standards, exposing significant gaps in cybersecurity and safety practices.

  • -40

    Business Practices and Ethical Responsibility

    April 3

    The fine and the associated violations highlight Duke Energy's failure to adhere to essential cybersecurity and infrastructure protection standards. This negligence in business practices and lack of robust internal controls points to a serious lapse in ethical responsibility, which is critical in an industry charged with maintaining public safety and reliability in critical infrastructure.

    U.S. Energy Firm Fined $10 Million for Security Failures - SecurityWeek

  • Duke Energy Funds Divisive Campaign Ads in NC Race Logo
    AUG
    12
    2024

    An investigative report revealed that Duke Energy has funneled over $630,000 to the Republican Governors Association along with additional contributions through trade associations to support political campaigns in North Carolina. These funds have been linked to an attack ad with inflammatory rhetoric, raising concerns about corporate complicity in funding divisive and potentially authoritarian political strategies.

  • -75

    Political Contributions and Lobbying Efforts

    April 3

    Duke Energy’s sizable donations, notably the $630,000 directed to the Republican Governors Association and additional funds routed through political trade associations, are financing attack ads that utilize inflammatory and divisive messaging. Such support for political groups employing authoritarian-leaning tactics is highly concerning from an anti-fascist perspective, as it may contribute indirectly to the promotion of extremist rhetoric.

    Big Duke Energy dollars are flowing to attacks in the NC governor's race

  • Duke Energy Political Expenditures Policy Transparency Logo
    MAR
    01
    2024

    Duke Energy has published its Political Expenditures policy which outlines clear guidelines and oversight for corporate political contributions, including payments to trade associations and lobbying groups. The policy emphasizes transparency, accountability, and adherence to democratic principles through internal committees and strict procedures.

  • +20

    Political Contributions and Lobbying Efforts

    April 3

    The policy demonstrates Duke Energy's commitment to transparent and responsible political expenditures by establishing oversight committees and clear guidelines. This approach minimizes the potential misuse of corporate funds for partisan ends and supports democratic processes, thus contributing positively from an anti-fascist perspective.

    Political Expenditures

  • Duke Energy PAC Contributions in 2021-2022 Cycle Logo
    NOV
    08
    2022

    Duke Energy raised $1,661,149 in political action committee funds during the 2021-2022 election cycle, reflecting significant corporate political spending that can raise concerns about the influence of corporate money on democratic processes.

  • -30

    Political Contributions and Lobbying Efforts

    April 3

    The reported PAC contributions of $1,661,149 demonstrate Duke Energy's engagement in politically influential spending. Such corporate political financing is concerning from an anti-fascist perspective as it can entrench corporate power and potentially sway political outcomes in favor of established, authoritarian-leaning interests.

    PAC Profile: Duke Energy – OpenSecrets

  • Duke Energy's Political Donor Influence in North Carolina Logo
    AUG
    19
    2022

    The article details Duke Energy's extensive political donations and lobbying efforts in North Carolina. It documents significant contributions through its corporate PAC and individual donations to candidates and political groups, raising concerns about conflicts of interest between the utility’s public service mandate and its financial strategies aimed at protecting corporate interests.

  • -60

    Political Contributions and Lobbying Efforts

    April 3

    Duke Energy's substantial monetary contributions, including over $4.2 million given to political groups and targeted PAC donations, exhibit a strategic effort to shape state policy in a manner that favors its corporate interests. This significant infusion of political spending not only undermines transparent democratic processes but also prioritizes corporate profit over public welfare, especially in the realm of energy regulation and environmental protection.

    Duke Energy is huge political donor in NC: Is it a conflict? | Raleigh News & Observer

  • Duke Energy Political Contributions and Lobbying Logo
    AUG
    19
    2022

    The Charlotte Observer article details how Duke Energy directs millions of dollars through political contributions, employee-funded PACs, and lobbying efforts in North Carolina. The report highlights that the company has given substantial sums—often favoring Republican causes—and has engaged in funding through dark money channels, raising concerns about the influence of corporate money on state politics.

  • -70

    Political Contributions and Lobbying Efforts

    April 3

    Duke Energy's extensive financial contributions, including over $4 million in direct political donations and additional spending via lobbying and dark money channels, point to a heavy-handed influence on political processes. This behavior is assessed as promoting conditions favorable to authoritarian influences, particularly given the firm's tendency to favor Republican initiatives, thereby undermining democratic accountability.

    Where Duke Energy spends money on NC political contributions

  • Duke Energy Lobbying Expenditure (2021) Logo
    DEC
    31
    2021

    In 2021, Duke Energy spent $3,760,000 on lobbying efforts, as reported by OpenSecrets. The expenditure raises questions about the corporation’s influence over public policy and potential detriments to progressive policy reforms.

  • -40

    Political Contributions and Lobbying Efforts

    April 3

    Duke Energy's significant lobbying expenditure of $3,760,000 in 2021 suggests a strong investment in influencing public policy. From a left-leaning perspective, such large-scale lobbying is concerning as it may facilitate regulatory capture and undermine progressive reforms intended to curb corporate influence in politics, potentially supporting authoritarian tendencies.

    Duke Energy Lobbyists • OpenSecrets

  • Duke Energy fined $10M for cybersecurity lapses Logo
    FEB
    04
    2019

    Duke Energy was fined $10 million by NERC for 127 cybersecurity violations between 2015 and 2018 that exposed critical infrastructure due to managerial oversights, inadequate controls, and process deficiencies. The enforcement action necessitates improvements in training and oversight.

  • -50

    Business Practices and Ethical Responsibility

    April 3

    The fine and related cybersecurity lapses underscore significant failures in Duke Energy's internal controls and governance, reflecting poor business practices that compromise essential public infrastructure. Such managerial and process deficiencies expose the company to risks that can be exploited by authoritarian or criminal forces.

    Duke fined $10M for cybersecurity lapses since 2015

  • -50

    Technology and Services Impact

    April 3

    The cybersecurity lapses involved critical cyber assets and underscore a failure in safeguarding technology and infrastructure. This negligence not only jeopardizes utility operations but also creates vulnerabilities that could be exploited by state actors or organized groups, highlighting a risk factor contrary to public safety and democratic norms.

    Duke fined $10M for cybersecurity lapses since 2015

Corporate Financials

Revenue
2025
$19.00B
Total Assets
2025
$120.00B
Operating Income
2025
$7.00B
Total Equity
2025
$40.00B

Employees: 28,000

Industries

221113
Nuclear Electric Power Generation
221118
Other Electric Power Generation
221121
Electric Bulk Power Transmission and Control
221122
Electric Power Distribution