Daqo New Energy Corp., a prominent player in the electricity nec sector, is headquartered in China and operates extensively in the global solar energy market. Founded in 2007, the company has achieved significant milestones, establishing itself as a leading manufacturer of high-purity polysilicon, a critical component in solar photovoltaic (PV) cells.
Daqo's core offerings include polysilicon production and wafer manufacturing, distinguished by their commitment to quality and sustainability. The company has garnered recognition for its advanced production techniques and efficient supply chain management, positioning itself as a key supplier in the renewable energy landscape. With a focus on innovation and environmental responsibility, Daqo New Energy continues to contribute to the global transition towards clean energy solutions.
-5 vs industry average
Daqo New Energy’s score of 10 is lower than 34% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Daqo New Energy's reported carbon emissions
Daqo New Energy, headquartered in China and operating within the electricity sector, has disclosed its carbon emissions for recent years, primarily focusing on Scope 1 and Scope 2. For 2024, the company reported Scope 1 emissions of approximately 740,900 kg CO2e and Scope 2 emissions of about 4,420,825,360 kg CO2e. This brings the combined Scope 1 and 2 total to approximately 4,421,566,260 kg CO2e. In 2023, Daqo New Energy reported Scope 1 emissions of approximately 289,620 kg CO2e and Scope 2 emissions of about 7,478,904,620 kg CO2e, for a combined total of approximately 7,479,194,240 kg CO2e. The company's Scope 1 and 2 emissions for 2022 were approximately 210,670 kg CO2e for Scope 1 and 4,935,014,210 kg CO2e for Scope 2, resulting in a combined total of around 4,935,224,880 kg CO2e. In 2021, Daqo New Energy's Scope 1 emissions were approximately 149,330 kg CO2e and Scope 2 emissions were about 3,972,020,400 kg CO2e, with a combined total of approximately 3,972,169,730 kg CO2e. The company's emissions data for 2020 shows Scope 1 emissions of approximately 124,250 kg CO2e and Scope 2 emissions of about 3,815,203,730 kg CO2e, totalling approximately 3,815,327,980 kg CO2e. Daqo New Energy's reporting indicates that Scope 3 emissions data is not yet disclosed, with "fuel and energy related activities" being a noted missing data point. The company has not established formal, externally validated reduction targets such as those from the Science Based Targets initiative (SBTi) nor made commitments to RE100 or the Climate Pledge.
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Daqo New Energy’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Daqo New Energy yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Daqo New Energy
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