Daqo New Energy Sustainability Profile
Daqo New Energy Corp., a leading player in the solar energy sector, is headquartered in China (CN) and operates extensively in regions such as Asia and North America. Founded in 2007, the company has rapidly established itself as a key manufacturer of high-purity polysilicon, essential for solar photovoltaic (PV) applications. Daqo's commitment to innovation is evident in its advanced production techniques, which ensure high efficiency and sustainability in its core products. With a strong market position, Daqo New Energy has achieved significant milestones, including substantial production capacity expansions and strategic partnerships within the renewable energy landscape. The company’s focus on quality and cost-effectiveness has garnered recognition, making it a preferred supplier for leading solar manufacturers globally. As the demand for clean energy solutions continues to rise, Daqo remains at the forefront of the solar industry, driving advancements in renewable energy technology.
DitchCarbon Score
How does Daqo New Energy'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 Electricity from Other Sources 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
Daqo New Energy's score of 20 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Daqo New Energy's reported carbon emissions
In 2024, Daqo New Energy, headquartered in China (CN), reported total emissions of approximately 4.42 billion kg CO2e, comprising 740,900 kg CO2e from Scope 1 and about 4.42 billion kg CO2e from Scope 2 emissions. The previous year, 2023, saw total emissions of approximately 7.48 billion kg CO2e, with Scope 1 emissions at 289,620 kg CO2e and Scope 2 emissions at about 7.48 billion kg CO2e. Daqo New Energy has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations and energy consumption. The company has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any climate pledges or SBTi (Science Based Targets initiative) targets. Overall, Daqo New Energy's emissions data reflects significant operational emissions, particularly in Scope 2, which is typical for energy-intensive industries. The absence of reduction targets suggests a potential area for future commitment to climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 124,250 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,815,203,730 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Daqo New Energy's Industry?
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Daqo New Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Daqo New Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
