Plug Power Inc

Common Name
Plug Power
Country
United States
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
3,224
Ticker
PLUG
Exchange
NASDAQ CAPITAL MARKET
Description
Plug Power Inc. is a leading company in the alternative energy sector, focusing primarily on the development and commercialization of hydrogen fuel cell systems. These systems are designed to replace ...

Plug Power's GHG Emissions Data Preview

In 2023, Plug Power 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), and Scope 2 (indirect emissions from purchased energy).

However, Plug Power has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Plug Power's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Plug Power amounted to 26,273 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Plug Power decreased by 8.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Plug Power's Scope 1 Emissions Over Time

20212022202303 k6 k9 k12 ktCO2e+131%+21%
  • Total Scope 1
  • Year-over-Year Change

What are Plug Power's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Plug Power were 10,180 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Plug Power reduced its Scope 1 emissions over time?

Since 2021, Plug Power's Scope 1 emissions have increased by 179.59%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Plug Power's Scope 1 emissions increased by 20.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Plug Power's Scope 2 emissions?

In 2023, Plug Power reported Scope 2 greenhouse gas (GHG) emissions of 16,093 tCOâ‚‚e without specifying the calculation method.

Has Plug Power reduced its Scope 2 emissions over time?

Since 2021, Plug Power's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Plug Power 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Plug Power's Scope 2 emissions (Unspecified Calculation Method) fell by 20.1% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Plug Power use for Scope 2 reporting?

In 2023, Plug Power reported its Scope 2 emissions using an unspecified methodology.

Plug Power's Scope 2 Emissions Over Time

20212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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