Hannon Armstrong

Hannon Armstrong's reported carbon emissions

Hannon Armstrong, a US-based company in the "Other services (93)" industry, has outlined specific climate commitments, with a focus on reducing emissions. **Emissions Data:** For **2022**, Hannon Armstrong reported a total of approximately 42,915,000 kg CO2e. This figure primarily comprises Scope 3 emissions, specifically "investments," amounting to about 42,604,000 kg CO2e. Scope 1 and Scope 2 emissions were reported as 0.0 kg CO2e for this year. In **2021**, the company disclosed Scope 2 emissions of approximately 61,000 kg CO2e (location-based). Scope 3 emissions for 2021 included approximately 41,000 kg CO2e for "business travel," 63,000 kg CO2e for "employee commute," 12,000 kg CO2e for "purchased goods and services," and 1,000 kg CO2e for "waste generated in operations." Scope 1 emissions were not reported for 2021. For **2020**, Scope 2 emissions were reported as approximately 169,000 kg CO2e (market-based) and 66,000 kg CO2e (location-based). Scope 3 emissions for this year included about 70,000 kg CO2e for "business travel," 32,000 kg CO2e for "employee commute," and 7,000 kg CO2e for "purchased goods and services." Scope 1 emissions were not reported. In **2018**, Scope 2 emissions were approximately 71,000 kg CO2e (location-based). Scope 3 emissions included 183,000 kg CO2e for "business travel," 150,000 kg CO2e for "employee commute," 30,000 kg CO2e for "purchased goods and services," and 2,000 kg CO2e for "waste generated in operations." Scope 1 emissions were not reported. For **2019, 2023, and 2024**, Hannon Armstrong reported 0.0 kg CO2e for Scope 1 and Scope 2 emissions. No Scope 3 data was provided for 2019. For 2023 and 2024, Scope 3 emissions were not disclosed, with missing data points noted for "purchased goods and services," "business travel," and "employee commute." **Climate Commitments and Reduction Targets:** Hannon Armstrong has committed to ambitious climate goals. They aim to reduce their **Scope 1 and Scope 2 emissions to near zero by the middle of this decade (around 2025)**. Furthermore, Hannon Armstrong's portfolio targets, established as of December 2019, cover approximately 81.7% of its total investment and lending activities. These targets align with reductions necessary to keep global warming to 1.5°C. The company is committed to net-zero emissions and has set near-term targets for 2030. Their Scope 1 and 2 emissions targets are consistent with the 1.5°C warming scenario, as validated by the Science Based Targets initiative (SBTi).