PtX Hub
PtX Hub, officially known as Power-to-X Hub, is a pioneering company headquartered in Germany (DE) with a strong operational presence across Europe. Founded in 2020, the company has quickly established itself in the renewable energy sector, focusing on innovative solutions for the production of green hydrogen and other sustainable fuels. Specialising in Power-to-X technologies, PtX Hub offers unique services that convert renewable energy into storable and transportable fuels, addressing the growing demand for decarbonisation in various industries. The company has achieved significant milestones, including collaborations with key industry players and participation in major renewable energy projects. With a commitment to sustainability and technological advancement, PtX Hub is positioned as a leader in the energy transition, contributing to a greener future while enhancing energy security across its operational regions.
DitchCarbon Score
How does PtX Hub'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 Business Services 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
PtX Hub's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PtX Hub's reported carbon emissions
In 2018, PtX Hub reported significant carbon emissions totalling approximately 15,816,000,000 kg CO2e across all scopes. This includes about 5,279,000,000 kg CO2e from Scope 1 emissions, 9,537,000,000 kg CO2e from Scope 2 emissions, and approximately 15,816,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals substantial contributions from capital goods (about 612,000,000 kg CO2e), business travel (approximately 1,118,000,000 kg CO2e), and purchased goods and services (around 1,374,000,000 kg CO2e). Despite the extensive emissions data, PtX Hub has not disclosed any specific reduction targets or initiatives as part of their climate commitments. There are no SBTi (Science Based Targets initiative) reduction targets or climate pledges currently in place. The organisation operates independently without cascading emissions data from a parent company, indicating a standalone approach to their emissions reporting and climate strategy. As a key player in the industry, PtX Hub's emissions profile highlights the significant environmental impact associated with their operations, underscoring the need for future commitments to carbon reduction and sustainability initiatives.
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| 2018 | |
|---|---|
| Scope 1 | 5,279,000,000 |
| Scope 2 | 9,537,000,000 |
| Scope 3 | 15,816,000,000 |
Industry emissions intensity
Location emissions 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.
PtX Hub 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.
