Hannon Armstrong Sustainable Infrastructure Capital, Inc., commonly known as Hannon Armstrong, is a leading player in the sustainable infrastructure investment sector. Headquartered in the United States, the company primarily operates across North America, focusing on financing projects that promote renewable energy and energy efficiency. Founded in 1981, Hannon Armstrong has achieved significant milestones, including its public listing in 2013, which marked a pivotal moment in its growth trajectory. The firm offers a unique suite of financial products and services, including debt and equity financing for sustainable infrastructure projects. Hannon Armstrong distinguishes itself through its commitment to environmental sustainability and its extensive expertise in the energy sector. With a strong market position, the company has garnered recognition for its innovative approach to financing, contributing to a greener economy while delivering value to its investors.
How does Hannon Armstrong'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.
Mean score of companies in the Other Services 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.
Hannon Armstrong's score of 37 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Hannon Armstrong reported total carbon emissions of approximately 42,915,000 kg CO2e, with all emissions attributed to Scope 3, specifically from investments (42,604,000 kg CO2e). The company has set ambitious climate commitments, including a net-zero target that encompasses 81.7% of its total investment and lending activities, as of December 2019. This target is aligned with the Science Based Targets initiative (SBTi) and aims to cover all scopes of emissions. For the years leading up to 2022, Hannon Armstrong's emissions data shows a significant focus on Scope 3 emissions, with notable figures such as 532,000 kg CO2e in 2019 and 117,000 kg CO2e in 2021. The company has committed to near-term targets consistent with limiting global warming to 1.5°C, with a deadline set for 2030. Hannon Armstrong's climate strategy reflects its role as a financial institution, emphasising the importance of sustainable investment practices in mitigating climate change impacts. The company continues to work towards its long-term goals, with a net-zero commitment that is expected to evolve as it aligns with industry standards and regulatory frameworks.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | |
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Scope 1 | - | - | - | - | - |
Scope 2 | - | - | - | - | - |
Scope 3 | 365,000 | 000,000 | 000,000 | 000,000 | 00,000,000 |
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.
Hannon Armstrong is committed to some 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.