Coal miningNYSE: BTU

Peabody Energy

10Greenwashing / Harmful

St. Louis, United StatesFounded 18830 followers

www.peabodyenergy.com

The world's largest private-sector coal company, producing thermal and metallurgical coal from mines in the US and Australia.

Green Score

10/100
Greenwashing / Harmful
Greenwashing risk
high
Data confidence
high
Method
how it is calculated
Climate Impact & Solution35%3

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

Peabody's core business is extracting and selling coal — the highest-carbon fossil fuel — which directly enables massive GHG emissions at point of combustion; no operational efficiency measure meaningfully offsets the product's lifecycle impact.

Decarbonization & Targets20%8

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

Peabody claims a 15% Scope 1+2 reduction target from a 2018 baseline (achieved in 2024) and vague future 'net-zero ambitions,' but holds no SBTi-validated targets, no CDP public disclosure score, and no credible Scope 3 roadmap — all while Scope 3 (combustion of sold coal) constitutes the overwhelming bulk of its emissions.

ESG & Operations15%18

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Peabody publishes an annual ESG report with board-level oversight and some safety/community metrics, but its ESG program explicitly frames coal mining as compatible with stakeholder sustainability goals, and recent operational incidents including water pollution guilty pleas in Australia undercut credibility.

Transparency & Verification15%20

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Peabody produces an ESG report reviewed by its board and references GHG reduction progress, but there is no independent third-party verification of emissions data cited, no public CDP response, and a prior settlement with the New York AG found it had misled investors and the public about climate-related financial risks.

Integrity15%10

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

Peabody carries severe integrity risk: bankruptcy filings revealed extensive funding of climate denial organizations and scientists; the NY Attorney General found it misled investors on climate regulatory risk; it pled guilty to water pollution charges in Australia (2024); it faces a 2026 securities class action over alleged misleading statements about its Centurion mine; and it has a long history of opposing environmental regulations.

Why it's on ClimateTicker

Peabody Energy is the world's largest private-sector coal company — a core fossil-fuel extractor whose product is a leading driver of global greenhouse gas emissions. Its inclusion on any climate platform is solely as a negative benchmark or 'what to avoid' case: no amount of incremental operational efficiency or marginal GHG reduction targets changes the fundamental reality that its business model is structurally incompatible with a 1.5°C pathway. Investors should treat its ESG disclosures with deep skepticism given a documented history of climate denial funding and misleading public statements.

harmfulPeabody mines and sells thermal coal (for electricity generation) and metallurgical coal (for steelmaking) from operations in the US and Australia, generating revenue through long-term supply contracts and spot market sales to utilities and industrial customers globally.

Controversy & Greenwashing Watch

highSecurities Class Action — Centurion Mine Misrepresentation

A 2026 securities class action alleges Peabody made materially false and misleading statements to investors about the operational status and production capabilities of its Centurion metallurgical coal mine in Queensland.businesswire.com

highAustralia Water Pollution Guilty Plea

Peabody pled guilty in 2024 to multiple charges of water pollution and failure to maintain equipment at its Metropolitan Mine in New South Wales after stormwater discharges in 2021–2022.sec.gov

mediumOregon Climate Lawsuit (Dismissed)

Multnomah County, Oregon sued Peabody and other energy producers for allegedly causing a deadly 2021 heat event; Peabody was dismissed without prejudice in July 2024.sec.gov

highClimate Denial Network Funding

Bankruptcy filings revealed Peabody funded dozens of climate denial groups, think tanks, lobbyists, and individual scientists to obstruct climate action, while publicly denying awareness of climate regulatory risk.prwatch.org

mediumChapter 11 Bankruptcy (2016)

Peabody filed for Chapter 11 bankruptcy in 2016, with subsequent court disclosures revealing the full scale of its covert funding of climate disinformation campaigns.unearthed.greenpeace.org

mediumMisleading 'Clean Coal' Advertising

The British Advertising Standards Authority ruled that Peabody must withdraw misleading advertising claims about 'clean coal.'unearthed.greenpeace.org

highNY Attorney General Settlement — Misleading Climate Disclosures

Peabody settled with the NY AG after an investigation found it had made false and misleading statements to investors and the public about climate-related financial risks, knowing internally that regulation would severely impact its business.blog.ucs.org

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