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 figure includes emissions from all three scopes: Scope 1 emissions were about 54,982,000 kg CO2e, Scope 2 emissions totalled approximately 2,260,125,000 kg CO2e, and Scope 3 emissions reached around 803,362,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero emissions by 2050. In the near term, Canadian Solar has committed to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi), which underscores the company's commitment to aligning with climate science and the goals of the Paris Agreement. Canadian Solar's emissions intensity for wafer production is reported at 82,000 kg CO2e per MW, reflecting their ongoing efforts to improve sustainability in their manufacturing processes. The company continues to measure and address its Scope 3 emissions, which encompass indirect emissions from its value chain, further demonstrating its comprehensive approach 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.
