Itm Power
Itm Power, a leading innovator in the hydrogen energy sector, is headquartered in the United Kingdom. Founded in 2001, the company has established itself as a pioneer in the design and manufacture of integrated hydrogen energy solutions, focusing on electrolysis technology. With a strong presence in Europe and expanding operations globally, Itm Power is at the forefront of the transition to a sustainable energy future. The company’s core products include advanced electrolyser systems that convert renewable energy into hydrogen, a clean fuel alternative. Itm Power's unique approach combines cutting-edge technology with a commitment to sustainability, positioning it as a key player in the green hydrogen market. Notable achievements include significant partnerships and projects that underscore its market leadership and dedication to innovation in the energy industry.
DitchCarbon Score
How does Itm Power'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.
Industry Average
Mean score of companies in the Hydrocarbon Production 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.
Industry Benchmark
Itm Power's score of 47 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Itm Power's reported carbon emissions
In 2023, Itm Power reported total carbon emissions of approximately 80,051,000 kg CO2e. This figure includes 24,000 kg CO2e from Scope 1 emissions, 1,771,000 kg CO2e from Scope 2 emissions, and 16,013,000 kg CO2e from Scope 3 emissions. The company has shown a significant reduction in total emissions compared to 2022, where total emissions were about 105,049,000 kg CO2e, with Scope 1 at 249,000 kg CO2e, Scope 2 at 2,869,000 kg CO2e, and Scope 3 at 103,843,000 kg CO2e. In 2024, preliminary data indicates Scope 1 emissions of 62,000 kg CO2e, Scope 2 emissions of approximately 1,121,000 kg CO2e (location-based), and Scope 3 emissions of about 15,951,000 kg CO2e. This trend suggests a continued commitment to reducing carbon emissions across all scopes. Despite the reductions, Itm Power has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company remains focused on addressing its carbon footprint, particularly in Scope 3 emissions, which represent the majority of its total emissions.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000 | 00,000 | 00,000 |
| Scope 2 | 2,801,000 | 000,000 | - | 0,000 |
| Scope 3 | 36,931,656,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
Itm Power 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.
