Public Profile

Ballard

Ballard Power Systems Inc., commonly referred to as Ballard, is a leading player in the clean energy sector, headquartered in California. Founded in 1979, the company has established itself as a pioneer in fuel cell technology, focusing on the development and commercialisation of innovative hydrogen fuel cell solutions. With major operational regions across North America, Europe, and Asia, Ballard serves various industries, including transportation, stationary power, and portable power applications. Their core products, such as the FCgen®-H2PM fuel cell module, are distinguished by their high efficiency and low emissions, positioning Ballard as a key contributor to the global shift towards sustainable energy. Recognised for its commitment to reducing carbon footprints, Ballard has achieved significant milestones, including partnerships with leading automotive manufacturers and participation in various clean energy initiatives, solidifying its market position as a frontrunner in the hydrogen economy.

DitchCarbon Score

How does Ballard's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

30

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

2

Industry Benchmark

Ballard's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Ballard's reported carbon emissions

In 2023, Ballard reported total carbon emissions of approximately 4,200,000 kg CO2e, comprising 930,000 kg CO2e from Scope 1, 243,000 kg CO2e from Scope 2, and about 2,859,000 kg CO2e from Scope 3 emissions. This reflects a significant reduction from previous years, with total emissions decreasing from approximately 5,322,000 kg CO2e in 2020 and 6,010,000 kg CO2e in 2019. The breakdown of emissions in 2023 indicates that the majority of their carbon footprint arises from Scope 3 emissions, which include business travel and employee commuting. Notably, Ballard has not set specific reduction targets or initiatives as part of their climate commitments, nor have they joined any formal climate pledges or SBTi (Science Based Targets initiative) reduction targets. Overall, while Ballard has made strides in reducing their emissions over the years, their lack of formal reduction targets suggests an opportunity for further commitment to climate action.

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2017201820192020202120222023
Scope 1
2,820
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000
Scope 2
560
000,000
000,000
000,000
000,000
000,000
000,000
Scope 3
7,690
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ballard's primary industry is Electrical machinery and apparatus n.e.c. (31), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ballard is headquartered in CA, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ballard is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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