Ceres Power
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 30 is higher than 80% 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 2023, Ceres Power, headquartered in Great Britain, reported total carbon emissions of approximately 1,800,000 kg CO2e. This figure includes 510,000 kg CO2e from Scope 1 emissions, 1,352,000 kg CO2e from Scope 2 emissions, and 25,000 kg CO2e from limited Scope 3 emissions related to business travel. Over the past few years, Ceres Power has demonstrated a significant commitment to reducing its carbon footprint. In 2022, the company reported total emissions of about 18,723,000 kg CO2e, which included 411,000 kg CO2e from Scope 1 and 1,226,000 kg CO2e from Scope 2. This indicates a notable decrease in emissions compared to previous years, where total emissions were approximately 29,675,000 kg CO2e in 2021 and 21,950,000 kg CO2e in 2020. Despite these reductions, Ceres Power has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on its operational efficiencies and sustainability practices to further mitigate its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 368,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 861,000 | - | 0,000,000 | 0,000,000 |
| Scope 3 | 20,721,000 | 00,000,000 | 00,000,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ceres Power is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
