Company Directory - Duke Energy Inc.
Company Details - Duke Energy Inc.
Duke Energy Inc.
WebsiteCharlotte, United States
ISIN: US26441C2044
7 Locations
Duke Energy Inc. is an electric utility company that provides electricity and natural gas services. It is one of the largest energy holding companies in the United States, offering a range of energy products and services to customers across multiple states.
CCI Score
CCI Score: Duke Energy Inc.
-50.63
0.01%
Latest Event
Duke Energy Faces Labor Dispute Over Contract Negotiations
Union workers represented by IBEW Local 1393 are preparing for a potential strike as stalled contract negotiations highlight Duke Energy's failure to secure fair wages, benefits, and safe working conditions. The cancellation of a negotiation session has raised concerns about the company's commitment to fair labor practices.
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QUISLING
Duke Energy Inc. is currently rated as a Quisling.
Latest Events
- JUN162025
Union workers represented by IBEW Local 1393 are preparing for a potential strike as stalled contract negotiations highlight Duke Energy's failure to secure fair wages, benefits, and safe working conditions. The cancellation of a negotiation session has raised concerns about the company's commitment to fair labor practices.
-50
Labor Relations and Human Rights Practices
June 23
Duke Energy's cancellation of a negotiation session and inability to reach an agreement with union representatives suggest inadequate attention to fair labor practices and worker safety. This inaction may undermine workers' rights and supports authoritarian disregard for labor interests.
Duke Energy union workers prepare for 'work stoppage' amid stalled contract negotiations
- APR242025
Duke Energy reported $1,611,170 in campaign contributions and spent $6,400,000 on lobbying during the 2024 cycle, according to data aggregated by government agencies and summarized by OpenSecrets. This event highlights the company's significant involvement in political financing.
-40
Political Contributions and Lobbying Efforts
June 23
Duke Energy’s political spending in the 2024 cycle—evidenced by over $1.6 million in contributions and $6.4 million in lobbying—indicates a heavy reliance on influencing public policy. From an anti-fascist, progressive perspective, this level of corporate political involvement can undermine democratic accountability and promote entrenched corporate power at the expense of marginalized voices and progressive reforms.
- DEC052024
Carrboro leaders have filed a lawsuit against Duke Energy, accusing the company of 'climate deception' for allegedly prioritizing fossil fuels over renewable energy. The lawsuit claims that Duke Energy's continued reliance on fossil fuels has caused environmental damage and significant financial losses for the town.
-75
Business Practices and Ethical Responsibility
June 23
Duke Energy is being accused of engaging in unethical business practices by allegedly misleading the public about its commitment to cleaner energy, while continuing to promote fossil fuels. This alleged 'climate deception' not only harms the environment but also adversely affects local communities, undermining environmental justice and corporate accountability.
Carrboro leaders sue Duke Energy for damaging the environment, costing town, lawsuit says
- AUG122024
Duke Energy has significantly funded political groups, donating $630,000 directly to the Republican Governors Association (RGA) that backed an attack ad in the North Carolina governor's race. The company's support for groups engaging in divisive political messaging, alongside contributions to other political bodies like the Democratic Governors Association, raises concerns about its role in influencing electoral dynamics.
-70
Political Contributions and Lobbying Efforts
June 23
Duke Energy’s large donations to 527 groups, notably the RGA, which funds controversial attack ads in politically sensitive races, support strategies that can escalate divisive rhetoric and authoritarian tactics. This pattern of political contributions undermines democratic processes and raises serious ethical concerns about corporate involvement in partisan conflicts.
Big Duke Energy dollars are flowing to attacks in the NC governor's race
- JAN312024
An Administrative Appeals Board vacated the prior summary decision in a whistleblower retaliation case against Duke Energy Carolinas, remanding the case for an evidentiary hearing after reviewing allegations that a whistleblower was adversely reassigned following protected activity related to nuclear safety oversight. The decision highlights potential shortcomings in Duke Energy’s labor practices, including handling of employee complaints and use of contract workers.
-70
Labor Relations and Human Rights Practices
June 23
The detailed ARB decision raises serious concerns regarding Duke Energy’s treatment of protected employees. The case documents allegations of retaliation and adverse personnel actions against a whistleblower, suggesting problematic labor practices and a disregard for worker rights. These practices are viewed as aligning with authoritarian behavior that undermines ethical labor relations.
- FEB042019
Duke Energy was fined $10 million by the North American Electric Reliability Corporation for 127 self-reported cybersecurity violations between 2015 and 2018, attributed to managerial oversight deficiencies and inadequate internal controls. The settlement requires increased training, restructuring, and improved compliance tools.
-40
Business Practices and Ethical Responsibility
June 23
The fine highlights severe lapses in Duke Energy’s internal governance and ethical responsibility, with documented deficiencies in managerial oversight and internal controls that compromise the integrity of critical infrastructure services.
-30
Technology and Services Impact
June 23
The repeated cybersecurity lapses indicate a failure in protecting critical digital infrastructure. The incidents expose vulnerabilities that could have broader implications for public safety and national security, reflecting poorly on the company’s technology and services safeguard measures.
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Corporate Financials
- Revenue
- 2023
- $23.20B
- Total Assets
- 2023
- $131.00B
- Operating Income
- 2023
- $5.85B
- Total Equity
- 2023
- $24.60B
Employees: 28,000
Industries
- 221115
- Wind Electric Power Generation
- 221118
- Other Electric Power Generation
- 221122
- Electric Power Distribution