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Clean Energy Fuels Corp

Common Name
Clean Energy Fuels
Country
United States
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
577
Ticker
CLNE
Exchange
NASDAQ/NGS
Description
Clean Energy Fuels Corp. is a leading provider in the alternative fuel industry, primarily focusing on supplying natural gas as a fuel for vehicle fleets in the United States and Canada. The company's...

Clean Energy Fuels's GHG Emissions Data Preview

In 2024, Clean Energy Fuels completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Clean Energy Fuels has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Clean Energy Fuels’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Clean Energy Fuels’s data sources below and access millions more through our Disclosure Search.

a. Clean Energy Fuels's Sustainability Report 2024
a. Clean Energy Fuels's Sustainability Report 2024
b. Clean Energy Fuels's Sustainability Report 2023
b. Clean Energy Fuels's Sustainability Report 2023
c. Clean Energy Fuels's Sustainability Report 2022
c. Clean Energy Fuels's Sustainability Report 2022
d. Clean Energy Fuels's Sustainability Report 2021
d. Clean Energy Fuels's Sustainability Report 2021

Insights into Clean Energy Fuels's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofClean Energy Fuels amounted to84,529.4metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Clean Energy Fuelsincreased by 26.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Clean Energy Fuels's Scope 1 Emissions Over Time

20202021202220232024030 k60 k90 k120 ktCO2e-90%+58%-31%+121%
  • Total Scope 1
  • Year-over-Year Change

What are Clean Energy Fuels's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Clean Energy Fuels were 24,741.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Clean Energy Fuels reduced its Scope 1 emissions over time?

Since 2020, Clean Energy Fuels's Scope 1 emissions have decreased by 76.48%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Clean Energy Fuels's Scope 1 emissions increased by 121.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Clean Energy Fuels's Scope 2 emissions?

In 2024, Clean Energy Fuels reported Scope 2 greenhouse gas (GHG) emissions of 58,491.4 tCOâ‚‚e using the market-based method and 59,787.9 tCOâ‚‚e using the location-based method.a

Has Clean Energy Fuels reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Clean Energy Fuels's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Clean Energy Fuels's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Clean Energy Fuels use for Scope 2 reporting?

In 2024, Clean Energy Fuels reported its Scope 2 emissions using the market-based method and using the location-based method.a

Clean Energy Fuels's Scope 2 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Clean Energy Fuels's Value Chain Emissions

In 2024, Clean Energy Fuels reported 1,569,471.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Clean Energy Fuels includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Clean Energy Fuels's Scope 3 Emissions Over Time

202020212022202320240450 k900 k1.35 M1.8 MtCO2e-5%-6%+5%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Clean Energy Fuels's Scope 3 emissions?

In 2024, Clean Energy Fuels reported total Scope 3 emissions of 1,569,471.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 2.29%of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.71%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Clean Energy Fuels reduced its Scope 3 emissions over time?

Since 2020, Clean Energy Fuels's Scope 3 emissionshave remained relatively stable, indicating that Clean Energy Fuels's emissions have plateaued with no significant change in its value chain footprint.ac

Compared to the previous year (2023), Clean Energy Fuels's Scope 3 emissions remained relatively stable, indicating that Clean Energy Fuels's emissions have plateaued with no significant change in its value chain footprint.ab

What categories of Scope 3 emissions does Clean Energy Fuels disclose?

In 2024, Clean Energy Fuels reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Clean Energy Fuels's Scope 3 emissions?

In 2024, the largest contributors to Clean Energy Fuels's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 1,423,839.8 tCOâ‚‚e(97.71%)
  • Fuel- and Energy-Related Services (Cat. 3): 32,141 tCOâ‚‚e(2.21%)
  • Downstream Transportation and Distribution (Cat. 9): 1,270.1 tCOâ‚‚e(0.09%)

Clean Energy Fuels's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(2.2%)Use of Sold Products(Cat. 11)(97.7%)

Insights into Clean Energy Fuels’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Clean Energy Fuels reported Scope 1 greenhouse gas (GHG) emissions of 24,741.5 tCOâ‚‚e and total revenues of USD 416 millions. This translates into an emissions intensity of 59.49 tCOâ‚‚e per millions USD.a

Clean Energy Fuels's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)1001,00010,00050,000500,000Revenues (Millions of USD)CKosmos EnergyYear: 2024Scope 1: 14,031 tCO2eRevenue: $M 1,675Scope 1 Intensity: 8.37 tCO2e/$MWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$MPhillips 66Year: 2024Scope 1: 32,700,000 tCO2eRevenue: $M 143,153Scope 1 Intensity: 228.43 tCO2e/$MPBF EnergyYear: 2024Scope 1: 10,460,000 tCO2eRevenue: $M 33,115Scope 1 Intensity: 315.87 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MCCCVR EnergyYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 9,247Scope 1 Intensity: 363.36 tCO2e/$MMarathon PetroleumYear: 2024Scope 1: 34,600,000 tCO2eRevenue: $M 138,864Scope 1 Intensity: 249.16 tCO2e/$MNew Fortress EnergyYear: 2023Scope 1: 947,243 tCO2eRevenue: $M 2,413Scope 1 Intensity: 392.51 tCO2e/$MDelek US HoldingsYear: 2024Scope 1: 2,600,000 tCO2eRevenue: $M 11,852Scope 1 Intensity: 219.37 tCO2e/$MValero EnergyYear: 2024Scope 1: 24,300,000 tCO2eRevenue: $M 129,881Scope 1 Intensity: 187.09 tCO2e/$MEOG ResourcesYear: 2024Scope 1: 6,000,000 tCO2eRevenue: $M 23,378Scope 1 Intensity: 256.65 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MSlbYear: 2024Scope 1: 990,000 tCO2eRevenue: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$MHF SinclairYear: 2024Scope 1: 8,198,000 tCO2eRevenue: $M 28,580Scope 1 Intensity: 286.84 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MContinental ResourcesYear: 2024Scope 1: 3,000,000 tCO2eRevenue: $M 7,378Scope 1 Intensity: 406.63 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$MCivitas ResourcesYear: 2024Scope 1: 2,168,900 tCO2eRevenue: $M 5,202Scope 1 Intensity: 416.90 tCO2e/$MPlains GP HoldingsYear: 2024Scope 1: 836,000 tCO2eRevenue: $M 50,073Scope 1 Intensity: 16.70 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MInternational SeawaysYear: 2023Scope 1: 1,906,017 tCO2eRevenue: $M 1,072Scope 1 Intensity: 1,778.37 tCO2e/$MClean Energy FuelsYear: 2024Scope 1: 24,742 tCO2eRevenue: $M 416Scope 1 Intensity: 59.49 tCO2e/$M

How does Clean Energy Fuels's GHG emissions intensity compare to its peers?

In 2024, Clean Energy Fuels reported a Scope 1 emissions intensity of 59.49 tCOâ‚‚e per millions USD. Compared to the peer group median of 249.16, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Clean Energy Fuels rank on GHG emissions intensity within its industry?

In 2024, Clean Energy Fuels ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Clean Energy Fuels is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Clean Energy Fuels's Total Carbon Footprint

In 2024, Clean Energy Fuels reported a total carbon footprint of 1,654,000.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.65% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Clean Energy Fuels's total carbon footprint was Scope 3 emissions, accounting for 94.89% of the company's total carbon footprint, followed by Scope 2 emissions at 3.61%.a

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