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.
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 98% 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 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 marked an increase from 2022, where total emissions were about 76,000 kg CO2e, with the same distribution across the scopes. For 2024, the company anticipates total emissions to rise slightly to about 128,000 kg CO2e, with a notable reduction in Scope 1 emissions to 7,000 kg CO2e, while Scope 2 and Scope 3 emissions are projected to be 43,000 kg CO2e and 78,000 kg CO2e, respectively. Despite these figures, Hydrogenone Capital Growth has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). Their climate commitments remain unspecified, indicating a potential area for future development in their sustainability strategy.
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 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.