First Solar
First Solar, Inc., a leading player in the solar energy sector, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1999, the company has established itself as a pioneer in photovoltaic (PV) solar technology, focusing on the design and manufacturing of thin-film solar modules. First Solar's unique cadmium telluride (CdTe) technology sets it apart, offering high efficiency and lower environmental impact compared to traditional silicon-based solar cells. The company has achieved notable milestones, including being one of the largest solar manufacturers globally and a key contributor to utility-scale solar projects. With a commitment to sustainability and innovation, First Solar continues to strengthen its market position, driving the transition to renewable energy solutions.
DitchCarbon Score
How does First Solar's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Solar Thermal Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
First Solar's score of 60 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First Solar's reported carbon emissions
In 2023, First Solar reported total greenhouse gas emissions of approximately 4,050,151,000 kg CO2e, with emissions distributed across various scopes: 7,690,000 kg CO2e (Scope 1), 776,502,000 kg CO2e (Scope 2), and 3,660,151,000 kg CO2e (Scope 3). This represents a significant increase in emissions compared to previous years, particularly in Scope 3 emissions, which include purchased goods and services. First Solar has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 34% by 2028 from a 2020 baseline. Additionally, it aims to cut Scope 3 emissions from purchased goods and services by 45% per megawatt produced within the same timeframe. Historically, First Solar has made strides in reducing its emissions intensity. For instance, it achieved a 35% reduction in GHG intensity by 2016 from a 2008 baseline. Following this, the company set a new goal to reduce emissions intensity by 45% by 2021, again from the 2008 baseline. Overall, First Solar's commitment to sustainability is evident through its comprehensive reduction targets and its ongoing efforts to mitigate climate impact, aligning with industry standards for greenhouse gas emissions reductions.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,593,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 320,302,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
First Solar is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
