ChargePoint Holdings

NYSE: CHPT51Mixed / Improving· Provisional

0 followersEV charging·Campbell, California, US·Founded 2007

www.chargepoint.com

Operator of one of the world's largest EV charging networks, offering hardware, software and services across North America and Europe with over 1.3 million ports.

51/100

Mixed / Improving· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: mediumData confidence: medium

Why it's on ClimateTicker

ChargePoint operates one of the world's largest EV charging networks and its core service directly displaces gasoline consumption — a genuinely climate-positive business model. However, the company has no publicly validated SBTi targets, no confirmed CDP disclosure, and its own operational sustainability commitments are thin beyond a LEED-certified HQ. The climate impact is real but largely attributable to its customers, and ChargePoint's own decarbonization governance lags its marketing posture.

mitigationChargePoint sells networked EV charging hardware (Level 2 and DC fast chargers) and earns recurring revenue through subscription-based software and services (Cloud Plan) paid by charging network operators, fleet managers, and property owners across North America and Europe.

Commitments & Certifications

other: Certified ↗

Controversy & Greenwashing Watch

mediumDerivative Litigation — Board Oversight Failures

Four separate derivative lawsuits were filed in California alleging board-level oversight failures related to the same inventory misrepresentation issues, subsequently consolidated into In re ChargePoint Holdings Derivative Litigation.source ↗

highSecurities Fraud Class Action (Khan v. ChargePoint)

Consolidated class action lawsuit alleges ChargePoint and former executives made materially false and misleading statements about product demand and DC charger inventory costs from December 2021 through November 2023, resulting in large inventory impairment charges and the abrupt departure of the CEO and CFO.source ↗

mediumMass Layoff — 12% Workforce Reduction

In January 2024, ChargePoint announced a ~12% global workforce reduction as part of a strategic reorganization, generating approximately $14 million in restructuring charges and raising labor and social governance concerns.source ↗

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