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.
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Itm Power's reported carbon emissions
In 2024, ITM Power reported total carbon emissions of approximately 17,138,000 kg CO2e. This figure includes 62,000 kg CO2e from Scope 1 emissions, 1,121,000 kg CO2e from Scope 2 emissions (location-based), and a significant 15,951,000 kg CO2e from Scope 3 emissions. In 2023, the company’s emissions were notably higher at about 80,051,000 kg CO2e, with Scope 1 emissions at 28,000 kg CO2e, Scope 2 emissions (location-based) at 908,000 kg CO2e, and Scope 3 emissions reaching approximately 78,959,000 kg CO2e. ITM Power's emissions data reflects a substantial reduction from 2022, where total emissions were about 105,049,000 kg CO2e, with Scope 1 at 249,000 kg CO2e, Scope 2 (location-based) at 754,000 kg CO2e, and Scope 3 at approximately 103,843,000 kg CO2e. This indicates a significant decrease in total emissions over the years, particularly in Scope 3, which is often the largest contributor to a company's carbon footprint. Despite these reductions, ITM Power has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. The company is actively engaged in sustainability practices but has not disclosed any formalised reduction initiatives or targets. Overall, ITM Power's commitment to reducing carbon emissions is evident in their decreasing emissions figures, although further clarity on specific reduction strategies would enhance their climate commitment profile.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 249,000 | 00,000 | 00,000 |
| Scope 2 | 203,000 | - | 0,000 |
| Scope 3 | 103,843,000 | 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 participating in some of the initiatives that 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.
