Carbon neutrality goals by company

The hydrogen economy will get increasing support from carbon neutrality drivers as hydrogen is emerging as a vital decarbonisation tool.

Companies have been taking ambitious steps toward committing to support the environment by pledging to net-zero targets. To be carbon neutral means that companies will eliminate CO2e (CO2 equivalent) emissions from facilities, operations and value chain by the set target date. Carbon neutrality includes direct emissions from operations (Scope 1) and indirect emissions from electricity and other energy sources (Scope 2), as well as indirect emissions from the value chain (Scope 3).

Do you know any companies which are already carbon neutral? The most well-known companies which are already carbon neutral include Google, M&S and Sky Media. Google carbon neutrality goes back to 2007 as it has been purchasing high-quality carbon offsets.

Similar to the list of carbon neutrality goals by country, the H2 Bulletin Research team has set up this page to track carbon neutrality targets by company. Below is the list of companies that have announced their carbon neutrality targets. These companies are from sectors relevant to the hydrogen economy, such as aviation, automotive, maritime, heavy manufacturing, etc.

CompanyIndustryCountry (Headquarter)Date AnnouncedDecarbonisation Target
Ford MotorsAutomotiveUSAJune 20202050
Volvo CarsAutomotiveSwedenOctober 20192040
American AirlinesAviationUSASeptember 20202050
British AirwaysAviationUKOctober 20192050
Cathay PacificAviationHong KongSeptember 20202050
Fiji AirwaysAviationFijiSeptember 20202050
FinnairAviationFinlandSeptember 20202045
IberiaAviationSpainSeptember 20202050
Japan AirlinesAviationJapanSeptember 20202050
Malaysia AirlinesAviationMalaysiaSeptember 20202050
QantasAviationAustraliaSeptember 20202050
Qatar AirwaysAviationQatarSeptember 20202050
Royal Air MorocAviationMorrocoSeptember 20202050
Royal JordanianAviationJordanSeptember 20202050
S7 AirlinesAviationSiberiaSeptember 20202050
Sri Lankan AirlinesAviationSri LankaSeptember 20202050
CemexCementMexicoFebruary 20202050
LafargeHolcimCementSwitzerlandSeptember 20202050
ChemoursChemicalUSAApril 20212050
HenkelChemicalGermanyNovember 20202040
Ceres Power Holdings plcEnergyUKNANA
Dominion EnergyEnergyUSAFebruary 20202050
Duke EnergyEnergyUSASeptember 20192050
EquinorEnergyNorwayNovember 20202050
OrstedEnergyDenmarkJanuary 20202040
Public Service Enterprise Group (PSEG)EnergyUSAJuly 20192050
RWEEnergyGermanySeptember 20192040
San Diego Gas & Electric (SDG&E)EnergyUSAMarch 20212045
SiemensEnergyGermanySeptember 20202030
Southern California Gas Co. (SoCalGas)EnergyUSAMarch 20212045
South Jersey Industries (SJI)EnergyUSAApril 20212040
Southern CompanyEnergyUSASeptember 20202050
Xcel EnergyEnergyUSADecember 20182050
Jacobs EngineeringEngineeringUSAApril 20202030
Sir Robert McAlpineEngineeringUKFebruary 20202024
Ballard PowerFuel Cell and BatteryCanadaNANA
Bloom EnergyFuel Cell and BatteryUSANANA
Plug PowerFuel Cell and BatteryUSANANA
PowerCell Sweden ABFuel Cell and BatterySwedenNANA
Johnson MattheyHydrogen products and ChemicalUKNANA
FuelCell Energy, Inc.Hydrogen Systems and SolutionsUSANANA
ITM PowerHydrogen Systems and SolutionsUKNANA
NEL ASAHydrogen Systems and SolutionsNorwayNANA
HoneywellIndustrialUSAApril 20212035
Air LiquideIndustrial gasesFranceMarch 20212050
AP Moller MaerskMaritimeDenmarkJune 20192050
ArcelorMittalMetalsLuxembourgSeptember 20202050
Baowu Steel GroupMetalsChinaJanuary 20212050
HBISMetalsChinaMarch 20212050
ThyssenKruppMetalsGermanyJuly 20192050
BHPMiningAustraliaNovember 20192050
GlencoreMiningSwitzerlandDecember 20202050
ValeMiningBrazilDecember 20202050
BPOil and GasUKFebruary 20202050
ENEOS HoldingsOil and GasJapanNANA
Eni SpaOil and GasItalyFebruary 20212050
ShellOil and GasNetherlandsApril 20202050
SinopecOil and GasChinaMarch 20212050
TotalOil and GasFranceMay 20202050

Notes: NA means not announced or we were unable to confirm it through reliable publically available sources.

This list was last updated on 22 April 2021. We update this page regularly. Bookmark this page to stay up to date. If we have missed something, let us know by contacting us at research@h2bulletin.com

Andre Nascimento

Andre Nascimento is the Managing Editor at H2 Bulletin. He has over ten years of experience, mostly in the commodities market. Andre has large international experience, including presenting at important conferences in Latin America, Europe and the USA. He has an MBA from London, a Civil Engineering degree from Brazil and Portugal and speaks Portuguese and Spanish. Click on the email icon to send me an email or follow me on social media. I am reachable on Phone: +44 (0) 208 123 7812
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