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.
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.
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.
Ballard's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 data indicates a continued focus on managing emissions across all scopes, particularly in Scope 3, which includes significant contributions from business travel and employee commuting. In previous years, Ballard's emissions were as follows: in 2022, total emissions were about 2,500,000 kg CO2e; in 2021, approximately 1,880,000 kg CO2e; in 2020, around 5,322,000 kg CO2e; and in 2019, about 6,010,000 kg CO2e. The company has shown fluctuations in emissions, with a notable decrease from 2019 to 2020, followed by a rise in subsequent years. Despite these figures, Ballard has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect a broader industry context where many companies are still developing comprehensive strategies to address climate change. Overall, while Ballard's emissions data provides insight into their carbon footprint, the absence of clear reduction targets suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
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 |
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.