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.
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.
Industry Benchmark
Canadian Solar's score of 37 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Canadian Solar's reported carbon emissions
In 2023, Canadian Solar reported total carbon emissions of approximately 3,118,469,000 kg CO2e. This includes 54,982,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 2,260,125,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions were reported at 803,362,000 kg CO2e, which include emissions from the entire value chain. The company has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2022 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects a commitment to align with climate science to limit global warming to 1.5°C. Furthermore, Canadian Solar is committed to achieving net-zero emissions across all scopes by 2050. Over recent years, Canadian Solar has demonstrated a significant reduction in emissions intensity in its wafer production, achieving a GHG emissions intensity of 8,200 kg CO2e per MW produced. This reflects the company's ongoing efforts to enhance sustainability in its operations and contribute positively to climate action.
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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 |
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.
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.
