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.
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.
Industry Benchmark
FuelCell Energy, Inc.'s score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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FuelCell Energy, Inc.'s reported carbon emissions
In 2023, FuelCell Energy, Inc. reported total carbon emissions of approximately 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 in emissions compared to 2022, where the company recorded approximately 112,483,000 kg CO2e in Scope 1, 4,091,000 kg CO2e in Scope 2, and 20,401,000 kg CO2e in Scope 3. In 2021, the emissions were approximately 84,610,000 kg CO2e for Scope 1, 3,628,000 kg CO2e for Scope 2, and 15,329,000 kg CO2e for Scope 3. The trend indicates a significant rise in emissions over the years, particularly in Scope 1, which saw an increase from about 80,634,000 kg CO2e in 2020 to 126,189,000 kg CO2e in 2023. Despite these figures, FuelCell Energy has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction targets suggests a need for enhanced commitment to sustainability practices within the industry context. As a company headquartered in the US, FuelCell Energy operates in a sector increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear climate commitments moving forward.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| 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
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.
FuelCell Energy, Inc. 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.
