Ceres Power Sustainability Profile
Ceres Power Holdings plc, commonly known as Ceres Power, is a pioneering company based in the United Kingdom, with its headquarters located in Surrey. Founded in 2001, Ceres Power has established itself as a leader in the clean energy sector, specialising in the development of innovative fuel cell technology. The company focuses on providing efficient and sustainable energy solutions, primarily through its proprietary Steel Cell™ technology, which offers a unique approach to generating low-emission power. With a strong presence in Europe and expanding operations in Asia and North America, Ceres Power has achieved significant milestones, including strategic partnerships with major global manufacturers. The company is well-positioned in the market, recognised for its commitment to advancing hydrogen and fuel cell technologies, contributing to the transition towards a low-carbon economy.
DitchCarbon Score
How does Ceres Power'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 Hydropower Generation 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
Ceres Power's score of 33 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ceres Power's reported carbon emissions
In 2024, Ceres Power reported total carbon emissions of approximately 10,360,000 kg CO2e, with Scope 1 emissions at about 541,000 kg CO2e and Scope 2 emissions at around 20,000 kg CO2e. This marks a reduction from 2023, where total emissions were approximately 14,846,000 kg CO2e, with Scope 1 at about 510,000 kg CO2e and Scope 2 at approximately 25,000 kg CO2e. In 2022, emissions were higher at about 18,723,000 kg CO2e, with Scope 1 emissions of around 411,000 kg CO2e. Ceres Power has set a significant commitment to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. This ambitious target reflects the company's dedication to addressing climate change and reducing its carbon footprint. The company does not currently report Scope 3 emissions, which limits the full scope of its carbon impact assessment. However, it has disclosed some limited Scope 3 data in previous years, including business travel emissions of about 12,000 kg CO2e in 2021. Ceres Power's emissions data is not cascaded from a parent organization, ensuring that its reported figures are independently sourced. The company continues to focus on sustainability and reducing its environmental impact as part of its operational strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 368,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 861,000 | 0,000,000 | - | 00,000 | 00,000 |
| Scope 3 | 20,721,000 | 00,000 | - | - | - |
How Carbon Intensive is Ceres Power's Industry?
How Carbon Intensive is Ceres Power's Location?
Ceres Power's Scope 3 Categories Breakdown
Ceres Power's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 100% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Ceres Power'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.
Ceres Power 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.
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