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 41 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Canadian Solar's reported carbon emissions
In 2023, Canadian Solar reported total greenhouse gas emissions of approximately 3,118,469,000 kg CO2e, with emissions distributed across various scopes: 54,982,000 kg CO2e (Scope 1), 2,260,125,000 kg CO2e (Scope 2), and 803,362,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its Scope 1 and Scope 2 emissions by 42% by 2030, using 2022 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects a strong commitment to climate action. In 2022, Canadian Solar's total emissions were about 1,545,462,000 kg CO2e, with Scope 1 emissions at 75,647,000 kg CO2e and Scope 2 emissions at 1,213,638,000 kg CO2e. The company has consistently disclosed its emissions data across all relevant scopes, demonstrating transparency in its sustainability efforts. Looking ahead, Canadian Solar is also committed to achieving net-zero emissions across all scopes by 2050, further solidifying its role as a leader in the renewable energy sector. The company's GHG emissions intensity for electricity production was reported at 74,000 kg CO2e per MWp in 2023, indicating ongoing efforts to improve efficiency and reduce carbon footprints in its operations.
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| 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 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.
