Public Profile

Canadian Solar

Canadian Solar Inc., a leading player in the renewable energy sector, is headquartered in Canada and operates extensively across North America, Europe, and Asia. Founded in 2001, the company has achieved significant milestones, including becoming one of the largest solar manufacturers globally. Specialising in solar photovoltaic modules and solar energy solutions, Canadian Solar is renowned for its high-efficiency products that cater to residential, commercial, and utility-scale applications. Their commitment to innovation and sustainability sets them apart in a competitive market. With a strong market position, Canadian Solar has consistently been recognised for its contributions to the solar industry, including numerous awards for product excellence and environmental stewardship. As a trusted name in solar energy, Canadian Solar continues to drive the transition towards a greener future.

DitchCarbon Score

How does Canadian 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.

55

Industry Average

Mean score of companies in the Furniture Manufacturing 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.

26

Industry Benchmark

Canadian Solar's score of 55 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

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Canadian Solar's reported carbon emissions

In 2024, Canadian Solar reported total carbon emissions of approximately 29,000,000 kg CO2e across all scopes. This includes about 16,864,000 kg CO2e from Scope 1, approximately 1,576,842,000 kg CO2e from Scope 2 (market-based), and a significant 27,324,256,000 kg CO2e from Scope 3 emissions. Notably, the company achieved a remarkable 69% reduction in Scope 1 emissions, decreasing by about 38,123,000 kg CO2e compared to 2023. Additionally, Scope 2 emissions saw a decline of approximately 211,917,000 kg CO2e, or 12%, primarily due to increased adoption of green electricity. Canadian Solar has set ambitious targets to further reduce its greenhouse gas emissions. The company aims for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2022 as the baseline year. Furthermore, from 2025 to 2029, Canadian Solar plans to reduce the GHG emissions intensity of its e-STORAGE manufacturing operations by 23%. The company is also committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to climate action. In alignment with global climate initiatives, Canadian Solar has committed to achieving net-zero emissions by 2050, demonstrating its dedication to sustainability and environmental responsibility.

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Access structured emissions data, company-specific emission factors, and source documents

20202021202220232024
Scope 1
19,117,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
732,528,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
000,000,000
000,000,000
000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Canadian Solar's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Canadian Solar is in CA, which has a low grid carbon intensity relative to other regions.

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.

Canadian 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers