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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.
27
DitchCarbon score
-4 vs industry average
Ballard’s score of 27 is lower than 45% 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
High
Electrical Machinery Manufacturing has above-average carbon intensity
Industry performance
0.315
20182025
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Ballard's reported carbon emissions
Ballard, headquartered in CA and operating in the Electrical machinery and apparatus n.e.c. industry, reported approximately 20.8 million kg CO2e in total Scope 1, 2, and 3 emissions for 2024. This includes about 943,000 kg CO2e from Scope 1, approximately 245,000 kg CO2e from market-based Scope 2, and around 20.8 million kg CO2e from Scope 3.
In 2023, the company's total Scope 1, 2, and 3 emissions were approximately 17.5 million kg CO2e, comprising about 1.2 million kg CO2e from Scope 1, approximately 243,000 kg CO2e from market-based Scope 2, and around 17.5 million kg CO2e from Scope 3.
For 2022, Ballard's total Scope 1, 2, and 3 emissions were approximately 8.8 million kg CO2e. This included about 1.6 million kg CO2e from Scope 1 and approximately 213,700 kg CO2e from location-based Scope 2, with Scope 3 emissions totalling approximately 6.9 million kg CO2e.
In 2021, total Scope 1, 2, and 3 emissions were approximately 7.1 million kg CO2e, with Scope 1 at about 1.5 million kg CO2e, location-based Scope 2 at approximately 232,800 kg CO2e, and Scope 3 at approximately 5.4 million kg CO2e.
For 2020, the company reported total Scope 1, 2, and 3 emissions of approximately 5.3 million kg CO2e, consisting of about 1.4 million kg CO2e from Scope 1, approximately 286,100 kg CO2e from location-based Scope 2, and around 3.6 million kg CO2e from Scope 3.
In 2019, Ballard's total Scope 1, 2, and 3 emissions were approximately 6.0 million kg CO2e, with Scope 1 contributing about 1.3 million kg CO2e, location-based Scope 2 approximately 207,000 kg CO2e, and Scope 3 around 4.5 million kg CO2e.
For 2018, total Scope 1, 2, and 3 emissions were approximately 5.9 million kg CO2e, including about 1.3 million kg CO2e from Scope 1, approximately 249,000 kg CO2e from Scope 2, and around 4.3 million kg CO2e from Scope 3.
Ballard Power Systems Inc. (S&P Global) is the source organization for CDP disclosures and performance data. The company has not reported any specific emissions reduction targets, including SBTi targets.
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Ballard’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ballard yet.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Carbon Disclosure Project
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The Climate Pledge
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UN Global Compact Climate Champions initiative
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RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ballard3 days ago
27
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