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 35 is higher than 78% 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 accounting for about 5,413,000 kg CO2e and Scope 3 emissions at approximately 20,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 14,846,000 kg CO2e, with Scope 1 emissions of approximately 5,103,000 kg CO2e and Scope 3 emissions of about 25,000 kg CO2e. Ceres Power has set a significant commitment to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This ambitious target reflects the company's dedication to addressing climate change and reducing its carbon footprint across all scopes of emissions. The company has disclosed emissions data for Scope 1 and Scope 3, while Scope 2 emissions data is not available. Ceres Power's emissions data is not cascaded from a parent organization, ensuring that the reported figures are specific to its operations. Overall, Ceres Power is actively working towards its climate commitments, aiming for substantial reductions in its greenhouse gas emissions in the coming years.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 368,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 861,000 | 0,000,000 | - | - | - |
| Scope 3 | 20,721,000 | 00,000 | 00,000 | 00,000 | 00,000 |
How Carbon Intensive is Ceres Power's Industry?
How Carbon Intensive is Ceres Power's Location?
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.
