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 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hannon Armstrong reported zero carbon emissions across both Scope 1 and Scope 2 categories, maintaining a consistent trend from previous years. The company has set ambitious near-term targets to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This commitment aligns with their long-term goal of achieving net-zero emissions across all scopes by 2050, covering approximately 81.7% of their total investment and lending activities. In 2021, Hannon Armstrong's Scope 3 emissions totalled about 178,000 kg CO2e, with significant contributions from investments (117,000 kg CO2e) and employee commuting (63,000 kg CO2e). The company has not disclosed specific Scope 3 reduction targets but is committed to addressing emissions across all scopes as part of their Science Based Targets initiative (SBTi) commitments. Hannon Armstrong's climate strategy reflects a proactive approach to sustainability, aiming to align with the 1.5°C climate goal, thereby contributing to global efforts to mitigate climate change.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2020 | 2021 | |
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Scope 1 | - | - | - |
Scope 2 | - | - | - |
Scope 3 | 365,000 | 000,000 | 000,000 |
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Hannon Armstrong is participating in some 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.