Itm Power, a leading player in the Other Hydrocarbons industry, is headquartered in the United Kingdom and operates extensively across Europe and beyond. Founded in 2001, the company has established itself as a pioneer in hydrogen energy solutions, focusing on the development and manufacturing of integrated hydrogen energy systems.
Itm Power's core offerings include electrolyser technology, which uniquely enables the production of green hydrogen from renewable energy sources. This innovative approach positions the company at the forefront of the transition to sustainable energy. With numerous key milestones, including significant partnerships and projects, Itm Power has garnered recognition for its contributions to the hydrogen economy, solidifying its market position as a trusted provider of clean energy solutions.
+14 vs industry average
Itm Power’s score of 21 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Hydrocarbon Production is among the most carbon-intensive industries
Industry performance
The Hydrocarbon Production industry has reduced its overall emissions by 31% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Itm Power's reported carbon emissions
ITM Power, a UK-based company in the "Other Hydrocarbons" sector, has reported its carbon emissions for the years 2022, 2023, and 2024. In 2024, the company reported a total of approximately 17.1 million kg CO2e. This comprised about 62,000 kg CO2e for Scope 1 emissions and approximately 1.1 million kg CO2e for Scope 2 emissions (location-based). Scope 3 emissions were significant, totalling around 16.0 million kg CO2e. For 2023, ITM Power's total emissions were approximately 16.8 million kg CO2e. This included about 24,000 kg CO2e of Scope 1 emissions and 717,000 kg CO2e of Scope 2 emissions (location-based). Scope 3 emissions accounted for roughly 16.0 million kg CO2e. In 2022, the company reported higher emissions, with Scope 1 emissions at approximately 249,000 kg CO2e and Scope 2 emissions at around 754,000 kg CO2e (location-based). The Scope 3 emissions for 2022 were substantial, totalling approximately 103.8 million kg CO2e. ITM Power's data indicates that Scope 3 emissions, particularly purchased goods and services, are a significant area for reporting, although specific details for this category were missing for the reported years. The company has not publicly disclosed specific reduction targets or commitments through initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge as of the latest data available. However, the company does participate in the CDP and RE100 initiatives.
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Itm Power’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Itm Power yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Itm Power
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