Ballard Sustainability Profile
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.
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.
Industry Benchmark
Ballard's score of 54 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ballard's reported carbon emissions
In 2024, Ballard Power Systems, headquartered in California, reported total carbon emissions of approximately 20,803,000 kg CO2e. This figure includes 943,000 kg CO2e from Scope 1 emissions, 245,000 kg CO2e from Scope 2 emissions (market-based), and a significant 20,803,000 kg CO2e from Scope 3 emissions, which encompasses categories such as purchased goods and services (16,322,000 kg CO2e) and employee commuting (1,572,000 kg CO2e). In 2023, the company recorded total emissions of about 17,472,000 kg CO2e, with Scope 1 emissions at 1,229,000 kg CO2e, Scope 2 emissions at 243,000 kg CO2e (market-based), and Scope 3 emissions at 17,471,000 kg CO2e. This indicates a notable increase in total emissions from 2023 to 2024. For 2022, Ballard's total emissions were reported at approximately 8,759,900 kg CO2e, with Scope 1 emissions of 1,635,100 kg CO2e and Scope 2 emissions of 213,700 kg CO2e. The Scope 3 emissions for that year were around 6,911,100 kg CO2e. Despite the increasing emissions, Ballard has not set specific reduction targets or initiatives as per the latest data. The company does not currently participate in the Science Based Targets initiative (SBTi) or have documented reduction targets. All emissions data is sourced directly from Ballard Power Systems Inc. and is not cascaded from any parent organisation. Overall, Ballard Power Systems is actively monitoring its carbon footprint across all scopes but has yet to establish formal commitments to reduce emissions in the future.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,278,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 249,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 4,328,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Ballard's Industry?
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Ballard's Scope 3 Categories Breakdown
Ballard's Scope 3 emissions, which increased by 19% last year and increased by approximately 381% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 78% of Scope 3 emissions.
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Ballard's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ballard has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
