Public Profile

Maxeon

Maxeon Solar Technologies, often referred to simply as Maxeon, is a leading player in the solar energy industry, headquartered in Singapore (SG). Founded in 2011, the company has established a strong presence in key operational regions, including North America, Europe, and Asia-Pacific. Maxeon is renowned for its innovative solar technology, particularly its high-efficiency solar panels, which are designed to deliver superior performance and durability. The company’s flagship product line, SunPower® panels, is distinguished by its unique cell architecture and industry-leading warranties. With a commitment to sustainability and renewable energy, Maxeon has achieved significant milestones, positioning itself as a trusted name in solar solutions. Its dedication to quality and innovation has earned it numerous accolades, solidifying its status as a market leader in the global solar landscape.

DitchCarbon Score

How does Maxeon'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.

23

Industry Average

Mean score of companies in the Solar Thermal Electricity 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.

14

Industry Benchmark

Maxeon's score of 23 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

Maxeon's reported carbon emissions

In 2023, Maxeon reported total carbon emissions of approximately 162,256,000 kg CO2e. This figure includes Scope 1 emissions of about 292,000 kg CO2e, Scope 2 emissions of approximately 161,286,000 kg CO2e, and Scope 3 emissions of around 678,000 kg CO2e. Comparatively, in 2022, the company's total emissions were about 150,303,000 kg CO2e, with Scope 1 at approximately 328,000 kg CO2e, Scope 2 at around 149,282,000 kg CO2e, and Scope 3 at about 441,000 kg CO2e. This indicates a slight increase in emissions from 2022 to 2023. In 2021, Maxeon's total emissions were approximately 240,077,000 kg CO2e, with Scope 1 emissions of about 358,000 kg CO2e, Scope 2 emissions of approximately 239,391,000 kg CO2e, and Scope 3 emissions of around 358,000 kg CO2e. The company saw a significant reduction in total emissions from 2021 to 2022. Despite these figures, there are currently no documented reduction targets or climate pledges from Maxeon, indicating a potential area for improvement in their climate commitments. The company operates within the renewable energy sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices.

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2020202120222023
Scope 1
399,000
000,000
000,000
000,000
Scope 2
173,335,000
000,000,000
000,000,000
000,000,000
Scope 3
328,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Maxeon's primary industry is Electricity by solar thermal, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Maxeon is headquartered in SG, which has a rank of low, indicating low grid carbon 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.

Maxeon is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers