Daqo New Energy
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 15 is lower than 74% 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 2023, Daqo New Energy, headquartered in China (CN), reported total carbon emissions of approximately 7,479,194,240 kg CO2e, comprising 289,620 kg CO2e from Scope 1 emissions and about 7,478,904,620 kg CO2e from Scope 2 emissions. This marks a significant increase from 2022, where the company recorded total emissions of approximately 4,935,224,880 kg CO2e, with Scope 1 emissions at 210,670 kg CO2e and Scope 2 emissions at about 4,935,014,210 kg CO2e. Over the past few years, Daqo has shown a trend of increasing emissions, with 2021 emissions at approximately 3,972,169,730 kg CO2e and 2020 emissions at about 3,815,327,980 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a focus primarily on direct and indirect emissions from its operations. Despite the lack of specific reduction targets or commitments, Daqo New Energy is actively engaged in monitoring its emissions and has reported comprehensive energy consumption intensity metrics. The company has not cascaded any emissions data from a parent organisation, and all reported figures are derived directly from Daqo New Energy Corp. As the renewable energy sector continues to evolve, Daqo's emissions profile reflects the challenges and opportunities within the industry, highlighting the need for ongoing commitment to sustainability and emissions reduction.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 124,250 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,815,203,730 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - |
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.
Daqo New Energy is not participating in any 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.
