Public Profile

FuelCell Energy, Inc.

FuelCell Energy, Inc., a leading player in the clean energy sector, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1969, the company has established itself as a pioneer in fuel cell technology, focusing on the development and commercialisation of fuel cell power plants that convert natural gas and renewable resources into clean electricity. FuelCell Energy's core offerings include its Direct FuelCell® technology, which stands out for its high efficiency and low emissions. The company has achieved notable milestones, including partnerships with various municipalities and corporations to deploy its innovative solutions for sustainable energy generation. With a strong market position, FuelCell Energy continues to drive advancements in the energy industry, contributing to a greener future through its commitment to reducing carbon footprints and enhancing energy resilience.

DitchCarbon Score

How does FuelCell Energy, Inc.'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.

34

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing 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.

2

Industry Benchmark

FuelCell Energy, Inc.'s score of 34 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

FuelCell Energy, Inc.'s reported carbon emissions

In 2023, FuelCell Energy, Inc. reported total carbon emissions of approximately 126,189,000 kg CO2e, comprising 126,189,000 kg CO2e from Scope 1, 3,781,000 kg CO2e from Scope 2, and 21,977,000 kg CO2e from Scope 3 emissions. This marked an increase from 2022, where emissions were about 112,483,000 kg CO2e, with 112,483,000 kg CO2e from Scope 1, 4,091,000 kg CO2e from Scope 2, and 20,401,000 kg CO2e from Scope 3. In 2024, the company anticipates further increases, projecting total emissions of around 175,907,000 kg CO2e, with 175,907,000 kg CO2e from Scope 1, 4,276,000 kg CO2e from Scope 2, and 30,423,000 kg CO2e from Scope 3. Despite these figures, FuelCell Energy has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction commitments suggests a need for enhanced climate strategies within the organisation. As a leader in the fuel cell industry, the company is positioned to make significant contributions to climate action through innovative technologies and sustainable practices.

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20202021202220232024
Scope 1
80,634,000
00,000,000
000,000,000
000,000,000
000,000,000
Scope 2
2,938,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
10,627,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. FuelCell Energy, Inc.'s primary industry is Electrical machinery and apparatus n.e.c. (31), which is low 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. FuelCell Energy, Inc. is headquartered in US, 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.

FuelCell Energy, Inc. 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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