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.
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.
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.
Canadian Solar's score of 37 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Canadian Solar reported total greenhouse gas emissions of approximately 3,118,469,000 kg CO2e. This includes Scope 1 emissions of about 54,982,000 kg CO2e, Scope 2 emissions of approximately 2,260,125,000 kg CO2e, and Scope 3 emissions of around 803,362,000 kg CO2e. The company has committed to achieving net-zero emissions by 2050, with interim targets to reduce Scope 1 and Scope 2 emissions by 42% by 2030 from a 2022 baseline. Over the years, Canadian Solar has demonstrated a commitment to sustainability, with a significant reduction in emissions intensity in its wafer production, maintaining a GHG emissions intensity of 8,200 kg CO2e per MW. The company is actively measuring and working to reduce its Scope 3 emissions, which encompass indirect emissions from its value chain. Canadian Solar's climate strategy aligns with industry standards, reflecting its dedication to addressing climate change and contributing to a sustainable future.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.