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OrganisationsGoodwe
Goodwe logo

Goodwe

Solar PV ElectricityChinaSHH: 688390.SS
Last verified 14 days agogoodwe.com

Goodwe, officially known as Goodwe Power Supply Technology Co., Ltd., is a leading player in the solar photovoltaic industry, headquartered in China (CN). Founded in 2010, the company has rapidly established itself as a key innovator in solar energy solutions, focusing on the design and manufacture of high-quality inverters and energy storage systems.

With a strong presence in major operational regions across Europe, Asia, and Australia, Goodwe is renowned for its advanced technology and commitment to sustainability. Their core products, including grid-tied inverters and hybrid systems, are distinguished by their efficiency and reliability, catering to both residential and commercial applications.

Goodwe's market position is bolstered by numerous accolades and a growing global footprint, making it a trusted name in the renewable energy sector.

13
DitchCarbon score

-6 vs industry average

Goodwe’s score of 13 is lower than 38% 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

Very High

Solar PV Electricity is among the most carbon-intensive industries

Industry performance

3.039
20182025

The Solar PV Electricity industry has reduced its overall emissions by 36% since 2018

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Goodwe's reported carbon emissions

GoodWe, a leader in the electricity by solar photovoltaic industry, based in China, has demonstrated a significant commitment to climate action through its emissions reporting and reduction targets.

For the reporting year 2024, GoodWe reported total global emissions of approximately 3,727,548,650 kg CO2e. This comprehensive figure includes Scope 1 emissions of approximately 93,900 kg CO2e and Scope 2 emissions totalling around 24,210,110 kg CO2e, primarily from purchased electricity. Scope 3 emissions accounted for the vast majority, with a total of approximately 3,726,025,670 kg CO2e, with business travel contributing around 378,500 kg CO2e to this scope.

In 2023, the company's global emissions were approximately 3,726,117,470 kg CO2e. Scope 1 emissions stood at approximately 91,800 kg CO2e. Scope 3 emissions, including business travel of approximately 466,000 kg CO2e, represented a significant portion of this total.

Looking back, GoodWe reported global emissions of approximately 3,727,548,650 kg CO2e in 2022. Scope 1 emissions were around 92,400 kg CO2e, and Scope 3 emissions, including business travel of approximately 378,500 kg CO2e, were substantial. In 2021, total global emissions were approximately 3,727,548,650 kg CO2e. Scope 1 emissions were approximately 83,200 kg CO2e, and Scope 3 emissions, with business travel at approximately 211,000 kg CO2e, were also reported.

GoodWe has committed to science-based emissions reduction targets through the Science Based Targets initiative (SBTi). As of May 2026, the company has a "Committed" status for its near-term target, indicating active engagement in setting and pursuing emissions reduction goals aligned with climate science. The company's ultimate parent, GoodWe Technologies Co., Ltd., is engaged with SBTi, with targets cascaded to GoodWe. This commitment underscores GoodWe's dedication to contributing to a low-carbon future within the solar photovoltaic sector.

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Goodwe’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel0%
Business Travel0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Goodwe logoGoodwe
CNSolar PV Electricity
14 days ago
13
Panasonic logoPanasonic
JPElectrical Machinery Manufacturing
3 days ago
100
View
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
16 hours ago
100
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
1 day ago
88
View
Sma Solar Technology logoSma Solar Technology
DEElectrical Machinery Manufacturing
3 days ago
74
View
Delta Electronics logoDelta Electronics
TWElectrical Machinery Manufacturing
3 days ago
68
View
Huawei logoHuawei
CNComputer Services
2 days ago
67
View

Frequently asked questions

Common questions about Goodwe’s sustainability data and climate commitments

In 2024, Goodwe's global carbon emissions were approximately 3.73 billion kg CO₂e. The majority, roughly 99%, came from Scope 3 emissions, which include upstream and downstream activities, while Scope 1 and Scope 2 contributed a small portion, around 0.3% and 0.6% respectively. This indicates that most of Goodwe's carbon footprint stems from its supply chain and product lifecycle. Tracking these emissions helps stakeholders understand the company's environmental impact within the solar photovoltaic industry and its efforts toward climate responsibility.

Data year: 2024

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

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Ditchcarbonv260723.3
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