Public Profile

PowerCell Group

PowerCell Group, headquartered in Sweden (SE), is a leading player in the clean energy sector, specialising in fuel cell technology. Founded in 2008, the company has made significant strides in developing innovative solutions for sustainable energy, focusing on both stationary and mobile applications. With a strong presence in Europe and expanding operations globally, PowerCell Group offers unique products such as its PowerCell S2 and PowerCell S3 fuel cells, which are renowned for their efficiency and versatility. The company has achieved notable milestones, including partnerships with major automotive manufacturers and recognition for its contributions to the hydrogen economy. As a pioneer in the fuel cell industry, PowerCell Group is committed to advancing clean energy solutions, positioning itself as a key player in the transition towards a sustainable future.

DitchCarbon Score

How does PowerCell Group'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.

28

Industry Average

Mean score of companies in the Biomass Electricity 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.

13

Industry Benchmark

PowerCell Group's score of 28 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

PowerCell Group's reported carbon emissions

In 2023, PowerCell Group reported total carbon emissions of approximately 50,060,800 kg CO2e. This figure includes 14,500 kg CO2e from Scope 1 emissions, which primarily stem from mobile combustion and fugitive emissions. Scope 2 emissions accounted for about 42,500 kg CO2e, primarily from purchased heat and electricity. The most significant contributor to their total emissions was Scope 3, which totalled approximately 50,003,800 kg CO2e, with major sources including the use of sold products (about 42,892,000 kg CO2e) and business travel (approximately 282,400 kg CO2e). In 2022, PowerCell's emissions were reported at approximately 433,300 kg CO2e, with Scope 1 emissions at 2,100 kg CO2e and Scope 2 emissions at 36,400 kg CO2e. The Scope 3 emissions for that year were about 394,800 kg CO2e, indicating a significant increase in emissions in 2023 compared to 2022. For 2021, the total emissions were approximately 193,300 kg CO2e, with Scope 1 emissions at 1,400 kg CO2e and Scope 2 emissions at 35,000 kg CO2e. Scope 3 emissions were reported at about 156,900 kg CO2e. Despite the increase in emissions, PowerCell Group has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company is headquartered in Sweden and is actively engaged in addressing climate change, although further details on their strategic commitments or pledges are not available.

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202120222023
Scope 1
1,400
0,000
00,000
Scope 2
35,000
00,000
00,000
Scope 3
156,900
000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PowerCell Group's primary industry is Electricity by biomass and waste, 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. PowerCell Group is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

PowerCell Group is not committed to any reduction initiatives 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

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