Ceres Power Holdings plc, commonly known as Ceres Power, is a pioneering company based in the United Kingdom, specialising in electricity generation through hydro technologies. Founded in 2001, Ceres Power has established itself as a leader in the renewable energy sector, focusing on innovative solutions that harness the power of water for sustainable electricity production.
With its headquarters in GB, Ceres Power operates primarily in Europe and Asia, driving advancements in clean energy. The company is renowned for its unique fuel cell technology, which offers high efficiency and low emissions, setting it apart in the competitive landscape. Ceres Power's commitment to sustainability and its strategic partnerships have positioned it as a key player in the transition to a low-carbon economy, marking significant milestones in the development of green energy solutions.
+12 vs industry average
Ceres Power’s score of 21 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Hydropower Generation is among the most carbon-intensive industries
Industry performance
The Hydropower Generation industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ceres Power's reported carbon emissions
Ceres Power, a company in the Electricity by hydro industry headquartered in GB, is actively pursuing emissions reductions. For the year ending 2024, the company reported total emissions of approximately 10.36 million kg CO2e. This figure includes Scope 1 emissions of about 541,000 kg CO2e and Scope 2 emissions of approximately 20,000 kg CO2e. In the previous reporting year, 2023, Ceres Power's total emissions were approximately 14.85 million kg CO2e, comprising Scope 1 emissions of around 510,000 kg CO2e and Scope 2 emissions of about 25,000 kg CO2e. Ceres Power has set a significant climate commitment: an absolute reduction target of 42% for Scope 1 and 2 Greenhouse Gas (GHG) emissions by 2030, using 2022 as the base year. The company's total emissions in 2022 were approximately 18.72 million kg CO2e, with Scope 1 emissions at about 411,000 kg CO2e. The company's sustainability reports are available for review, providing further details on their environmental performance and strategies.
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Ceres Power’s Climate Goals (2030 & 2050)
1 goal2030
42% reduction in all scopes
Ceres Power Limited commits to reduce absolute Scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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