Plug Power Energy India Pvt. Ltd Sustainability Profile
Plug Power Energy India Pvt. Ltd., a subsidiary of the renowned Plug Power Inc., is headquartered in India and operates extensively across the region. Established in 2021, the company has quickly positioned itself as a leader in the hydrogen fuel cell industry, focusing on clean energy solutions that drive sustainability. Specialising in advanced hydrogen fuel cell systems, Plug Power Energy India offers innovative products that cater to various sectors, including material handling and stationary power. Their unique approach to green hydrogen production and fuel cell technology sets them apart in a rapidly evolving market. With a commitment to reducing carbon emissions, Plug Power Energy India has achieved significant milestones, contributing to India's transition towards renewable energy. As a key player in the clean energy landscape, the company continues to enhance its market presence through strategic partnerships and cutting-edge technology.
DitchCarbon Score
How does Plug Power Energy India Pvt. Ltd'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 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
Plug Power Energy India Pvt. Ltd's score of 4 is lower 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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Plug Power Energy India Pvt. Ltd, headquartered in India, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Plug Power Inc., which may influence its climate commitments and performance metrics. As part of its corporate family, Plug Power Energy India Pvt. Ltd inherits climate-related initiatives and performance data from Plug Power Inc. This includes participation in the Carbon Disclosure Project (CDP), where emissions data and climate performance are reported at a cascade level of 1. However, specific reduction targets or achievements have not been disclosed for the Indian subsidiary. While no specific emissions data or reduction targets are available, the company is expected to align with the broader sustainability goals set by its parent organisation. This may include commitments to reduce carbon emissions and enhance energy efficiency, reflecting industry standards and practices. In summary, Plug Power Energy India Pvt. Ltd is currently without specific emissions data or defined reduction targets, relying on the climate initiatives and performance metrics cascaded from Plug Power Inc.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 8,424,000 | 00,000,000 |
| Scope 2 | 20,141,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Plug Power Energy India Pvt. Ltd's Industry?
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Plug Power Energy India Pvt. Ltd'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.
Plug Power Energy India Pvt. Ltd 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.
