PowerCell Group Sustainability Profile
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.
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.
Industry Benchmark
PowerCell Group's score of 54 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PowerCell Group's reported carbon emissions
In 2024, PowerCell Group reported total carbon emissions of approximately 47,000 kg CO2e, with Scope 1 emissions at about 6,600 kg CO2e and Scope 2 emissions at around 40,400 kg CO2e. The company also disclosed significant Scope 3 emissions, totalling approximately 8,195,400 kg CO2e, primarily driven by purchased goods and services, which accounted for about 6,799,500 kg CO2e. Comparatively, in 2023, PowerCell's total emissions were about 57,000 kg CO2e, with Scope 1 emissions at approximately 14,500 kg CO2e and Scope 2 emissions at around 42,500 kg CO2e. The Scope 3 emissions for that year were approximately 9,744,800 kg CO2e. PowerCell Group has set ambitious reduction targets, aiming to decrease the intensity of both Scope 1 and Scope 2 emissions by 50% compared to the base year of 2023, with a target completion date of 2030. This commitment reflects the company's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. The emissions data is sourced from PowerCell Sweden AB (publ) and is not cascaded from any parent organization. The company continues to enhance its sustainability initiatives, focusing on reducing emissions intensity while addressing the broader impacts of its operations.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,400 | 0,000 | 00,000 | 0,000 |
| Scope 2 | 35,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 156,900 | 000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is PowerCell Group's Industry?
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PowerCell Group's Scope 3 Categories Breakdown
PowerCell Group's Scope 3 emissions, which decreased by 16% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
Top Scope 3 Categories
PowerCell Group'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.
PowerCell Group 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.
