Public Profile

Hydrogenone Capital Growth

HydrogenOne Capital Growth PLC, commonly referred to as HydrogenOne, is a pioneering investment firm headquartered in Great Britain. Founded in 2021, the company focuses on the burgeoning hydrogen economy, targeting innovative projects and technologies that promote sustainable energy solutions. With a commitment to advancing the hydrogen sector, HydrogenOne operates primarily in the UK and Europe, positioning itself as a leader in the clean energy investment landscape. The firm offers a unique blend of investment opportunities, specialising in hydrogen production, storage, and distribution technologies. Its strategic approach not only supports the transition to a low-carbon economy but also aims to deliver attractive returns for investors. Recognised for its forward-thinking initiatives, HydrogenOne has quickly established a notable market presence, contributing significantly to the growth of the hydrogen industry.

DitchCarbon Score

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.

55

Industry Average

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.

3

Industry Benchmark

Hydrogenone Capital Growth's score of 55 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Hydrogenone Capital Growth's reported carbon emissions

In 2023, Hydrogenone Capital Growth reported total carbon emissions of 126,000 kg CO2e, comprising 14,000 kg CO2e from Scope 1, 19,000 kg CO2e from Scope 2, and 92,000 kg CO2e from Scope 3 emissions. This represents an increase from 2022, where total emissions were 76,000 kg CO2e, with the same breakdown of Scope 1 and Scope 2 emissions. Looking at the previous year, 2022 emissions were 76,000 kg CO2e, with 48,000 kg CO2e from Scope 1 and 28,000 kg CO2e from Scope 2. In 2021, the company reported total emissions of 134,000 kg CO2e, with 48,000 kg CO2e from Scope 1, 28,000 kg CO2e from Scope 2, and 134,000 kg CO2e from Scope 3. Despite these figures, Hydrogenone Capital Growth has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future development in their climate strategy. The company operates within a growing industry focus on sustainability, and as such, may need to enhance its climate commitments to align with broader environmental goals.

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2021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hydrogenone Capital Growth's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Hydrogenone Capital Growth is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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 not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers