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.

Company Industry Country Announced Target
Ford Motors Automotive USA June 2020 2050
Volvo Cars Automotive Sweden October 2019 2040
American Airlines Aviation USA September 2020 2050
British Airways Aviation UK October 2019 2050
Cathay Pacific Aviation Hong Kong September 2020 2050
Fiji Airways Aviation Fiji September 2020 2050
Finnair Aviation Finland September 2020 2045
Iberia Aviation Spain September 2020 2050
Japan Airlines Aviation Japan September 2020 2050
Malaysia Airlines Aviation Malaysia September 2020 2050
Qantas Aviation Australia September 2020 2050
Qatar Airways Aviation Qatar September 2020 2050
Royal Air Moroc Aviation Morroco September 2020 2050
Royal Jordanian Aviation Jordan September 2020 2050
S7 Airlines Aviation Siberia September 2020 2050
Sri Lankan Airlines Aviation Sri Lanka September 2020 2050
Cemex Cement Mexico February 2020 2050
LafargeHolcim Cement Switzerland September 2020 2050
Chemours Chemical USA April 2021 2050
Henkel Chemical Germany November 2020 2040
Ceres Power Holdings plc Energy UK NA NA
Dominion Energy Energy USA February 2020 2050
Duke Energy Energy USA September 2019 2050
Equinor Energy Norway November 2020 2050
Orsted Energy Denmark January 2020 2040
Public Service Enterprise Group Energy USA July 2019 2050
RWE Energy Germany September 2019 2040
San Diego Gas & Electric Energy USA March 2021 2045
Siemens Energy Germany September 2020 2030
Southern California Gas Co. Energy USA March 2021 2045
South Jersey Industries Energy USA April 2021 2040
Southern Company Energy USA September 2020 2050
Xcel Energy Energy USA December 2018 2050
Jacobs Engineering Engineering USA April 2020 2030
Sir Robert McAlpine Engineering UK February 2020 2024
Ballard Power Fuel Cell and Battery Canada NA NA
Bloom Energy Fuel Cell and Battery USA NA NA
Plug Power Fuel Cell and Battery USA NA NA
PowerCell Sweden AB Fuel Cell and Battery Sweden NA NA
Johnson Matthey Hydrogen Solutions UK NA NA
FuelCell Energy, Inc. Hydrogen Solutions USA NA NA
ITM Power Hydrogen Solutions UK NA NA
NEL ASA Hydrogen Solutions Norway NA NA
Honeywell Industrial USA April 2021 2035
Air Liquide Industrial gases France March 2021 2050
AP Moller Maersk Maritime Denmark June 2019 2050
ArcelorMittal Metals Luxembourg September 2020 2050
Baowu Steel Group Metals China January 2021 2050
HBIS Metals China March 2021 2050
ThyssenKrupp Metals Germany July 2019 2050
BHP Mining Australia November 2019 2050
Glencore Mining Switzerland December 2020 2050
Vale Mining Brazil December 2020 2050
BP Oil and Gas UK February 2020 2050
ENEOS Holdings Oil and Gas Japan NA NA
Eni Spa Oil and Gas Italy February 2021 2050
Shell Oil and Gas Netherlands April 2020 2050
Sinopec Oil and Gas China March 2021 2050
Total Oil and Gas France May 2020 2050

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

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: 02081237815
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