Public Profile

Plug Power

Plug Power Inc., a leading provider of alternative energy technology, is headquartered in the United States, with significant operations across North America and Europe. Founded in 1997, the company has established itself as a pioneer in the hydrogen fuel cell industry, focusing on clean energy solutions for various applications, including material handling and stationary power. Plug Power's core offerings include hydrogen fuel cell systems and integrated hydrogen solutions, which are distinguished by their efficiency and sustainability. The company has achieved notable milestones, such as the development of the GenDrive product line, which powers electric forklifts and other vehicles, positioning Plug Power as a key player in the transition to green energy. With a strong market presence and a commitment to innovation, Plug Power continues to drive advancements in the hydrogen economy.

DitchCarbon Score

How does Plug 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.

23

Industry Average

Mean score of companies in the Hydropower Generation 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.

22

Industry Benchmark

Plug Power's score of 23 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Plug Power's reported carbon emissions

In 2022, Plug Power, headquartered in the US, reported total carbon emissions of approximately 16,910,000 kg CO2e for Scope 1 and about 20,141,000 kg CO2e for Scope 2. This brings their combined Scope 1 and Scope 2 emissions to around 37,051,000 kg CO2e. The company has set ambitious near-term climate commitments, aiming for significant reductions in both Scope 1 and Scope 2 emissions by 2025. They are utilising their greenhouse gas (GHG) inventory as a strategic tool to monitor and manage emissions, ensuring sustainable and responsible operations. While no data is currently available for Scope 3 emissions, Plug Power's proactive approach to emissions management reflects a commitment to addressing climate change and enhancing sustainability within their operations.

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2022
Scope 1
16,910,000
Scope 2
20,141,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Plug Power's primary industry is Electricity by hydro, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Plug Power is in US, which has a low grid carbon intensity relative to other regions.

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.

Plug Power 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers