HydrogenOne Capital Growth PLC, commonly referred to as HydrogenOne, is a leading investment firm headquartered in London, UK, with a focus on the burgeoning hydrogen economy. Founded in 2021, the company has quickly established itself as a key player in the renewable energy sector, targeting investments in hydrogen production, storage, and distribution technologies. HydrogenOne's unique approach combines financial acumen with a commitment to sustainability, positioning it at the forefront of the transition to clean energy. The firm aims to capitalise on the growing demand for hydrogen solutions, which are pivotal in achieving net-zero emissions targets. With a robust portfolio of innovative projects and strategic partnerships, HydrogenOne is well-placed to drive significant advancements in the hydrogen market, contributing to a greener future.
How does Hydrogenone Capital Growth'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 Financial Intermediation 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.
Hydrogenone Capital Growth's score of 55 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hydrogenone Capital Growth reported total carbon emissions of approximately 126,000 tonnes CO2e. This figure includes 14,000 tonnes CO2e from Scope 1 emissions, 19,000 tonnes CO2e from Scope 2 emissions, and 92,000 tonnes CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of about 76,000 tonnes CO2e, indicating a significant increase in emissions. The company has not publicly set specific reduction targets or initiatives as part of its climate commitments. However, it has participated in the CDP (formerly Carbon Disclosure Project), where it received a score of "C" in 2023, reflecting its efforts in climate-related disclosures. Despite the lack of formal reduction targets, Hydrogenone Capital Growth is actively engaging in climate reporting, which is a crucial step towards transparency and accountability in its environmental impact. Overall, while the company has shown an increase in emissions, its participation in climate reporting initiatives suggests a commitment to addressing its carbon footprint in the future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 48,000 | 00,000 | 00,000 | 0,000 |
Scope 2 | 28,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 134,000 | 000,000 | 00,000 | 00,000 |
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.
Hydrogenone Capital Growth 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.