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.
0 vs industry average
Ballard’s score of 36 is higher than 50% 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 37% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ballard's reported carbon emissions
Ballard Power Systems, headquartered in CA, has reported its greenhouse gas emissions for several years. **2024 Emissions:** In 2024, Ballard reported total emissions of approximately 20.8 billion kg CO2e. This comprised: * **Scope 1:** Approximately 943,000 kg CO2e. * **Scope 2:** Approximately 245,000 kg CO2e (market-based) and 285,000 kg CO2e (location-based). * **Scope 3:** Approximately 20.8 billion kg CO2e, with purchased goods and services being the largest contributor at about 16.3 billion kg CO2e. Business travel accounted for approximately 931,000 kg CO2e, and employee commute for approximately 1.57 billion kg CO2e. **2023 Emissions:** For 2023, total emissions were approximately 17.5 billion kg CO2e. * **Scope 1:** Approximately 1.23 billion kg CO2e. * **Scope 2:** Approximately 243,000 kg CO2e (market-based) and 265,000 kg CO2e (location-based). * **Scope 3:** Approximately 17.5 billion kg CO2e, with purchased goods and services representing about 10.6 billion kg CO2e. Employee commute contributed approximately 2.32 billion kg CO2e. **2022 Emissions:** In 2022, Ballard's total emissions were approximately 8.76 billion kg CO2e. * **Scope 1:** Approximately 1.64 billion kg CO2e, including stationary combustion of about 1.39 billion kg CO2e. * **Scope 2:** Approximately 213,700 kg CO2e (location-based). * **Scope 3:** Approximately 6.91 billion kg CO2e, with purchased goods and services being the largest category at about 2.96 billion kg CO2e. **2021 Emissions:** Ballard reported total emissions of approximately 7.12 billion kg CO2e in 2021. * **Scope 1:** Approximately 1.49 billion kg CO2e, including stationary combustion of about 1.34 billion kg CO2e. * **Scope 2:** Approximately 232,800 kg CO2e (location-based). * **Scope 3:** Approximately 5.40 billion kg CO2e, driven by purchased goods and services at about 2.50 billion kg CO2e. **2020 Emissions:** Total emissions in 2020 were approximately 5.32 billion kg CO2e. * **Scope 1:** Approximately 1.39 billion kg CO2e, with stationary combustion accounting for about 1.27 billion kg CO2e. * **Scope 2:** Approximately 286,100 kg CO2e (location-based). * **Scope 3:** Approximately 3.64 billion kg CO2e, where purchased goods and services contributed about 1.89 billion kg CO2e. **2019 Emissions:** In 2019, Ballard's total emissions were approximately 6.01 billion kg CO2e. * **Scope 1:** Approximately 1.26 billion kg CO2e, with stationary combustion at about 1.14 billion kg CO2e. * **Scope 2:** Approximately 207,000 kg CO2e (location-based). * **Scope 3:** Approximately 4.55 billion kg CO2e, with purchased goods and services being a significant component at about 1.47 billion kg CO2e. **2018 Emissions:** Ballard reported total emissions of approximately 5.86 billion kg CO2e in 2018. * **Scope 1:** Approximately 1.28 billion kg CO2e, primarily from stationary combustion (about 1.18 billion kg CO2e). * **Scope 2:** Approximately 249,000 kg CO2e. * **Scope 3:** Approximately 4.33 billion kg CO2e. **Climate Commitments and Initiatives:** Ballard Power Systems has disclosed its emissions across Scope 1, 2, and 3 and has upstream scope 3 categories disclosed. The company's sustainability reports, such as the 2024 Sustainability Report, provide detailed information on their environmental performance. While specific reduction targets and SBTi commitments are not detailed in the provided reduction initiatives data, Ballard's engagement with reporting its emissions signifies its commitment to managing its environmental impact. Their focus on fuel cell technology also positions them within the broader clean energy transition.
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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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