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McPhy Energy S.A.
McPhy Energy S.A., a leading player in the hydrogen energy sector, is headquartered in France and operates extensively across Europe. Founded in 2008, the company has established itself as a pioneer in the development of innovative hydrogen production and storage solutions, catering to the growing demand for clean energy alternatives. Specialising in electrolysis technology and hydrogen refuelling stations, McPhy’s core products are distinguished by their efficiency and sustainability. The company’s commitment to advancing the hydrogen economy has positioned it as a key contributor to the transition towards renewable energy sources. Notable achievements include strategic partnerships and successful projects that underscore its market leadership in the green hydrogen industry.
DitchCarbon Score
How does McPhy Energy S.A.'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 Machinery and Equipment 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
McPhy Energy S.A.'s score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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McPhy Energy S.A.'s reported carbon emissions
In 2023, McPhy Energy S.A., headquartered in France, reported total carbon emissions of approximately 43,601,000 kg CO2e. This figure includes Scope 1 emissions of about 125,000 kg CO2e and Scope 2 emissions of approximately 247,000 kg CO2e. The majority of their emissions, around 43,228,000 kg CO2e, fall under Scope 3, which encompasses indirect emissions from their value chain. Notably, emissions from the use of sold products accounted for about 33,126,000 kg CO2e, highlighting the significant impact of their products on overall emissions. In comparison, the previous year, 2022, McPhy reported total emissions of approximately 47,593,000 kg CO2e, with Scope 1 emissions at about 176,000 kg CO2e and Scope 2 emissions at approximately 233,000 kg CO2e. The Scope 3 emissions for 2022 were around 47,184,000 kg CO2e, indicating a slight decrease in total emissions from 2022 to 2023. Despite these figures, McPhy Energy S.A. has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. Overall, while McPhy Energy S.A. has made strides in reporting its emissions, the lack of defined reduction targets indicates an opportunity for further commitment to climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 176,000 | 000,000 |
| Scope 2 | 233,000 | 000,000 |
| Scope 3 | 47,184,000 | 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.
McPhy Energy S.A. is not participating in any 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.
