Public Profile

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.

33

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.

18

Industry Benchmark

Ceres Power's score of 33 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Ceres Power's reported carbon emissions

Ceres Power, headquartered in Great Britain, reported a total carbon emissions of approximately 18,723,000 kg CO2e in 2022, a significant reduction from about 29,675,000 kg CO2e in 2021. The emissions breakdown for 2022 includes 411,000 kg CO2e from Scope 1, 1,256,000 kg CO2e from Scope 2, and a substantial 18,312,000 kg CO2e from Scope 3 emissions. In 2023, Ceres Power's emissions data indicates a further increase in Scope 1 emissions to 510,000 kg CO2e and Scope 2 emissions rising to 1,352,000 kg CO2e, while specific Scope 3 emissions data for that year is not fully disclosed. Despite these fluctuations, Ceres Power has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to focus on its operational efficiency and carbon intensity metrics, with a reported emissions intensity of approximately 0.024 tonnes CO2e per £100,000 revenue in 2023. Ceres Power's ongoing efforts reflect a commitment to addressing climate change, although further transparency regarding specific reduction strategies would enhance their sustainability profile.

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2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ceres Power's primary industry is Electricity by hydro, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ceres Power is headquartered in GB, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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