Hannon Armstrong

Hannon Armstrong, headquartered in the US and operating in the "Other services (93)" industry, has set ambitious climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the decade.

For the reporting year 2023, Hannon Armstrong reported 0.0 kg CO2e for Scope 1 emissions and approximately 154,000 kg CO2e for Scope 2 emissions (location-based). In 2024, Scope 1 and Scope 2 emissions were reported as 0.0 kg CO2e.

In 2022, the company reported total emissions of approximately 42,915,000 kg CO2e, with Scope 3 investments accounting for 42,604,000 kg CO2e. For 2021, Scope 2 emissions were around 61,000 kg CO2e, with Scope 3 emissions totalling approximately 107,000 kg CO2e from business travel, employee commute, and purchased goods and services. In 2020, Scope 2 emissions were reported at approximately 169,000 kg CO2e (market-based), with Scope 3 emissions totalling around 111,000 kg CO2e. Scope 1 emissions were 0.0 kg CO2e in 2020. For 2018, Scope 2 emissions were approximately 71,000 kg CO2e, and Scope 3 emissions were around 350,000 kg CO2e.

Hannon Armstrong is committed to long-term net-zero targets, with its portfolio targets covering 81.7% of its total investment and lending activities as of December 2019, aiming for net zero by 2050. Their near-term targets are classified as 1.5°C consistent, with a target year of 2030. The company is a signatory to the Science Based Targets initiative (SBTi) and is committed to its net-zero framework, aligning its operations with keeping warming to 1.5°C.