Jinko Solar Co., Ltd. Sustainability Profile
Jinko Solar Co., Ltd., a leading player in the solar energy sector, is headquartered in South Korea and operates extensively across Asia, Europe, and North America. Founded in 2006, Jinko Solar has rapidly established itself as a prominent manufacturer of photovoltaic (PV) products, including high-efficiency solar panels and solar cells. The company is renowned for its commitment to innovation, producing cutting-edge solar technology that enhances energy efficiency and sustainability. Jinko Solar's products are distinguished by their durability and performance, making them a preferred choice for residential, commercial, and utility-scale applications. With a strong market position, Jinko Solar has achieved significant milestones, including numerous awards for excellence in solar technology and a robust global supply chain. As a trusted name in renewable energy, Jinko Solar continues to drive the transition towards a greener future.
DitchCarbon Score
How does Jinko Solar Co., Ltd.'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 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
Jinko Solar Co., Ltd.'s score of 15 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jinko Solar Co., Ltd.'s reported carbon emissions
In 2022, Jinko Solar Co., Ltd. reported significant carbon emissions, totalling approximately 59,900,000 kg CO2e for Scope 1, 3,157,300,000 kg CO2e for Scope 2, and 17,131,400,000 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Notably, the company has committed to reducing its absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2032, using 2022 as the baseline year. In addition to these targets, Jinko Solar has joined the Science Based Targets initiative (SBTi), pledging to achieve net zero emissions across its value chain by 2050. This long-term commitment underscores the company's dedication to addressing climate change and reducing its carbon footprint. The emissions data from previous years shows a trend of increasing emissions, with Scope 1 emissions at approximately 38,500,000 kg CO2e in 2021 and 27,500,000 kg CO2e in 2020, while Scope 2 emissions were about 1,945,000,000 kg CO2e in 2021 and 1,170,800,000 kg CO2e in 2020. The Scope 3 emissions also rose from approximately 12,081,900,000 kg CO2e in 2021. Jinko Solar's climate commitments and reduction initiatives position it as a proactive player in the renewable energy sector, aiming for substantial emissions reductions in the coming years.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 27,500,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,170,800,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Jinko Solar Co., Ltd.'s Industry?
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Jinko Solar Co., Ltd.'s Scope 3 Categories Breakdown
Jinko Solar Co., Ltd.'s Scope 3 emissions, which increased by 42% last year and increased by approximately 42% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the primary emissions source at 4% of Scope 3 emissions.
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Jinko Solar Co., Ltd.'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.
Jinko Solar Co., Ltd. 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.
