High entropy materials (HEMs), epitomized by high entropy alloys (HEAs), have sparked immense interest for a range of clean energy and environmental applications due to their remarkable structural versatility and adjustable characteristics. In the face of environmental challenges, HEMs have emerged as valuable tools for addressing issues ranging from wastewater remediation to energy conversion and storage. This review provides a comprehensive exploration of HEMs, spotlighting their catalytic capabilities in diverse redox reactions, such as carbon dioxide reduction to value-added products, degradation of organic pollutants, oxygen reduction, hydrogen evolution, and ammonia decomposition using electrocatalytic and photocatalytic pathways. Additionally, the review highlights HEMs as novel electrode nanomaterials, with the potential to enhance the performance of batteries and supercapacitors. Their unique features, including high capacitance, electrical conductivity, and thermal stability, make them valuable components for meeting crucial energy demands. Furthermore, the review examines challenges and opportunities in advancing HEMs, emphasizing the importance of understanding the underlying mechanisms governing their catalytic and electrochemical behaviors. Essential considerations for optimizing the HEM performance in catalysis and energy storage are outlined to guide future research. Moreover, to provide a comprehensive understanding of the current research landscape, a meticulous bibliometric analysis is presented, offering insights into the trends, focal points, and emerging directions within the realm of HEMs, particularly in addressing environmental concerns.