Loop Energy Inc. Sustainability Profile
Loop Energy Inc., headquartered in Canada, is a pioneering force in the clean energy sector, specialising in hydrogen fuel cell technology. Founded in 2000, the company has established itself as a leader in the development and production of innovative fuel cell systems, primarily serving the transportation and stationary power markets. With a focus on enhancing energy efficiency and reducing emissions, Loop Energy's core products include its proprietary fuel cell stacks and systems, which are designed to deliver high performance and reliability. The company has achieved significant milestones, including strategic partnerships and successful deployments across North America and beyond, solidifying its position in the rapidly evolving hydrogen economy. As a key player in the industry, Loop Energy continues to drive advancements in sustainable energy solutions, contributing to a greener future.
DitchCarbon Score
How does Loop Energy Inc.'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 Electrical Machinery Manufacturing 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
Loop Energy Inc.'s score of 14 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Loop Energy Inc.'s reported carbon emissions
Loop Energy Inc., headquartered in Canada, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data or reduction initiatives, it is important to note that Loop Energy Inc. operates within the clean energy sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability. The company may be involved in efforts to innovate and promote hydrogen fuel cell technology, which is pivotal in the transition to a low-carbon economy. As of now, Loop Energy Inc. does not inherit emissions data from any parent or related organizations, indicating that their climate commitments and emissions reporting are independent.
How Carbon Intensive is Loop Energy Inc.'s Industry?
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Loop Energy Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Loop Energy Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
