Lhyfe confirms the strength of its ESG approach with the upkeep of its Ethifinance rating
Nantes (France), on 12 March 2026 – Lhyfe (EURONEXT: LHYFE) – one of the world pioneers in the production of green and renewable hydrogen for the decarbonisation of industry and mobility – announced that its rating has been renewed by EthiFinance ESG Ratings, following the assessment of its 2024 extra-financial performance.
Lhyfe scored particularly highly for its efforts in favour of the environment and energy independence, in this rating awarded by an independent agency specialising in ESG assessment of European listed companies.
A drive for continuous improvement
Lhyfe is an energy company focused entirely on environmental benefits and energy independence. Driven by the need to achieve the energy transition here and now, the company has been at the forefront of many advances in the development of the green hydrogen sector. After becoming the first European player to produce green hydrogen in 2021, in 2025 Lhyfe became the first in France to obtain RFNBO1 certification, the European Union’s most demanding standard for renewable hydrogen, demonstrating that the operation of RFNBO hydrogen production units and their distribution in bulk is already mature in Europe.
Beyond its industrial activity, Lhyfe deploys an ESG approach covering all its operations, from its governance to its social and environmental practices. When it was floated on the stock market in 2022, Lhyfe decided to have its extra-financial performance assessed annually, in order to establish a structured framework for its ESG initiatives and to continue improving in this field.
Confirmed progress within a strengthened reference framework
Since 2022, Lhyfe’s extra-financial performance has been analysed each year by EthiFinance ESG Ratings, an independent European rating agency specialising in the assessment of companies listed on the European market, in order to support sustainable finance. Its assessment is based on a framework of 140 criteria divided into 4 pillars: Environment, Social, Governance and External Stakeholders.
In 2025, Ethifinance developed its reference framework in order to integrate new ESG risks and bring the methodology into line with European standards, particularly in terms of double materiality. The agency has thus recalculated the ratings for previous years on the basis of this new methodology to ensure consistency in the ratings curve.
Based on this update, Lhyfe’s score stands at 88 out of 100 for 2024, up from 85 out of 100 the previous year and 70 out of 100 in 2022.
Furthermore, EthiFinance considers that Lhyfe contributes 100% to the UN’s Sustainable Development Goals (SDGs) through its products and services.
Matthieu Guesné, Founder and CEO of Lhyfe:
This certification reflects the work we have been doing for several years to fully integrate ESG issues into our business model.
”It confirms the solidity of the foundations we have built, while reminding us of the scale of the challenges involved in developing green hydrogen on a large scale. We are pursuing this approach with firmness and responsibility, against a backdrop of transformation in the energy sector that requires both operational rigour and long-term vision.”
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Lhyfe confirms the strength of its ESG approach with the upkeep of its Ethifinance rating, source