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.
+40 vs industry average
PowerCell Group’s score of 51 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Biomass Electricity is among the most carbon-intensive industries
Industry performance
The Biomass Electricity industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
PowerCell Group's reported carbon emissions
In 2025, PowerCell Group reported total carbon emissions of approximately 9,481,700 kg CO2e. This figure includes Scope 1 emissions of about 1,700 kg CO2e, Scope 2 emissions of approximately 24,500 kg CO2e, and Scope 3 emissions amounting to around 9,455,500 kg CO2e. The company has set ambitious targets to reduce its Scope 1 and Scope 2 emissions intensity by 50% compared to the base year of 2023, with a target completion date of 2030. In 2024, the total emissions were approximately 8,244,100 kg CO2e, with Scope 1 emissions at about 6,600 kg CO2e, Scope 2 at approximately 40,700 kg CO2e, and Scope 3 emissions reaching around 8,196,800 kg CO2e. The previous year, 2023, saw total emissions of about 9,801,800 kg CO2e, comprising Scope 1 emissions of approximately 14,500 kg CO2e, Scope 2 emissions of about 42,500 kg CO2e, and Scope 3 emissions of around 9,744,800 kg CO2e. PowerCell Group's commitment to reducing emissions is evident in its strategic initiatives, which focus on enhancing sustainability and minimising environmental impact. The company is actively working towards these reduction targets, demonstrating its dedication to addressing climate change and promoting a greener future.
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PowerCell Group’s Climate Goals (2030 & 2050)
2 goals2030
50% reduction in Scope 1
To reduce Scope 1 and Scope 2 emissions intensity by 50 percent compared to the base year 2023.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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PowerCell Group
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