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 44 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 about 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 approximately 105,049,000 kg CO2e, indicating a positive trend in their climate performance. In 2022, Itm Power's emissions comprised 249,000 kg CO2e from Scope 1, 2,869,000 kg CO2e from Scope 2, and around 103,843,000 kg CO2e from Scope 3. The substantial contribution from Scope 3 emissions highlights the importance of addressing upstream and downstream activities in their carbon footprint. Despite these reductions, Itm Power has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the industry context. Overall, Itm Power's emissions data reflects ongoing efforts to manage and reduce their carbon footprint, although the lack of formal reduction commitments indicates potential areas for improvement in their sustainability strategy.
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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.
