Ballard Power Systems Inc., commonly referred to as Ballard, is a leading player in the electrical machinery and apparatus sector, specifically within the niche of fuel cell technology. Headquartered in California, the company has established a significant presence in North America and Europe, focusing on clean energy solutions. Founded in 1979, Ballard has achieved numerous milestones, including advancements in fuel cell technology that have positioned it at the forefront of the industry.
Ballard's core offerings include proton exchange membrane (PEM) fuel cells, which are renowned for their efficiency and low emissions. These products cater to various applications, from transportation to stationary power generation, making them unique in their versatility and environmental benefits. With a strong market position, Ballard continues to drive innovation in sustainable energy, contributing to a greener future.
0 vs industry average
Ballard’s score of 37 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ballard's reported carbon emissions
Ballard Power Systems, headquartered in California and operating in the electrical machinery and apparatus sector, has disclosed its carbon emissions data across Scopes 1, 2, and 3.
For the reporting year 2024, Ballard reported a total of approximately 20.8 million kg CO2e. This figure comprises Scope 1 emissions of about 943,000 kg CO2e and Scope 2 emissions (market-based) of approximately 245,000 kg CO2e. Scope 3 emissions were the largest contributor, totalling around 20.8 million kg CO2e, with purchased goods and services accounting for the majority at approximately 16.3 million kg CO2e.
In 2023, the company's total emissions were approximately 17.5 million kg CO2e. Scope 1 emissions stood at about 1.2 million kg CO2e, and Scope 2 emissions were around 243,000 kg CO2e. Scope 3 emissions for 2023 totalled approximately 17.5 million kg CO2e, with purchased goods and services being a significant component at about 10.6 million kg CO2e.
The company's emissions in 2022 were approximately 8.8 million kg CO2e, including Scope 1 emissions of about 1.6 million kg CO2e and Scope 2 emissions of approximately 213,700 kg CO2e. Scope 3 emissions for 2022 amounted to roughly 6.9 million kg CO2e, with purchased goods and services contributing around 3.0 million kg CO2e.
Ballard Power Systems' climate commitments and reduction initiatives are not detailed in the provided data. The organisation does not appear to have cascaded its emissions data from a parent company.
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Ballard’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ballard yet.
Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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