Public Profile

Canadian Solar

Canadian Solar Inc., a leading player in the renewable energy sector, is headquartered in Guelph, Ontario, with significant operations across North America, Europe, and Asia. Founded in 2001, the company has established itself as a prominent manufacturer of solar photovoltaic modules and a provider of solar energy solutions. Canadian Solar's core offerings include high-efficiency solar panels and comprehensive energy storage systems, distinguished by their innovative technology and commitment to sustainability. The company has achieved notable milestones, including the delivery of over 50 GW of solar modules globally, solidifying its position as one of the largest solar manufacturers in the world. With a strong focus on quality and performance, Canadian Solar continues to drive advancements in the solar industry, contributing to 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.

34

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 34 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

Canadian Solar's reported carbon emissions

In 2023, Canadian Solar reported total carbon emissions of approximately 3.12 million tonnes CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 55,000 tonnes CO2e, Scope 2 emissions totalled approximately 2.26 million tonnes CO2e, and Scope 3 emissions accounted for around 803,000 tonnes CO2e. Over the years, Canadian Solar has made significant strides in reducing its emissions intensity. For instance, the GHG emissions intensity for their global manufacturing operations was reported at about 97,000 tonnes CO2e per MW in 2023, reflecting ongoing efforts to enhance sustainability in production processes. Canadian Solar has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which underscores the company's dedication to reducing its carbon footprint across all scopes. The company has set a baseline year of 2023 for its emissions reduction efforts, aiming to implement strategies that will significantly lower its overall emissions by the target year. Through these initiatives, Canadian Solar is positioning itself as a leader in the renewable energy sector, actively contributing to global climate goals while enhancing its operational efficiency.

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Add to project
2020
2021
2022
2023
Scope 1
19,117,000
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
Scope 3
-
000,000,000
000,000,000
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. Canadian Solar is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

Canadian Solar is committed to some reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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