Jinkosolar

JinkoSolar, a Chinese-headquartered company in the Electricity by Solar Photovoltaic industry, reported total carbon emissions of approximately 34.4 billion kg CO2e in 2024. This included Scope 1 emissions of approximately 138.4 million kg CO2e, Scope 2 emissions of approximately 4.86 billion kg CO2e, and Scope 3 emissions of approximately 29.46 billion kg CO2e.

Looking back, JinkoSolar's total emissions in 2023 were around 34.63 billion kg CO2e, with Scope 1 at approximately 104 million kg CO2e, Scope 2 at approximately 5.07 billion kg CO2e, and Scope 3 at approximately 29.46 billion kg CO2e. In 2022, total emissions were around 20.38 billion kg CO2e, comprising Scope 1 emissions of approximately 59.9 million kg CO2e, Scope 2 emissions of approximately 3.16 billion kg CO2e, and Scope 3 emissions of approximately 17.16 billion kg CO2e.

JinkoSolar has made significant climate commitments, with Science Based Targets initiative (SBTi) validated targets. The company aims to achieve net-zero greenhouse gas (GHG) emissions across its entire value chain by 2050.

In the near term, JinkoSolar commits to reducing absolute Scope 1 and 2 GHG emissions by 50.4% by 2032 from a 2022 base year. Additionally, the company plans to increase its active annual source of renewable electricity from 51% in 2022 to 100% by 2030. JinkoSolar also intends to reduce Scope 3 GHG emissions from purchased goods and services by 58.2% per MW of solar-related product produced by 2032, using a 2022 base year.

For the long term, JinkoSolar commits to a 90% absolute reduction in Scope 1 and 2 emissions by 2050 from a 2022 base year. Concurrently, the company aims for a 97% reduction in Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and downstream transportation and distribution per MW of solar-related product produced within the same timeframe.