Maxeon Sustainability Profile
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.
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.
Industry Benchmark
Maxeon's score of 20 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Maxeon's reported carbon emissions
In 2022, Maxeon Solar Technologies, headquartered in Singapore (SG), reported total carbon emissions of approximately 240,077,000 kg CO2e. This figure includes 328,000 kg CO2e from Scope 1 emissions, 239,391,000 kg CO2e from Scope 2 emissions, and 358,000 kg CO2e from Scope 3 emissions. The company has disclosed emissions data for all three scopes, demonstrating a comprehensive approach to carbon accounting. In 2021, Maxeon recorded total emissions of about 150,303,000 kg CO2e, with Scope 1 emissions at 580,000 kg CO2e, Scope 2 at 149,282,000 kg CO2e, and Scope 3 at 441,000 kg CO2e. The 2020 emissions were slightly higher, totalling around 174,062,000 kg CO2e, comprising 399,000 kg CO2e from Scope 1, 173,335,000 kg CO2e from Scope 2, and 328,000 kg CO2e from Scope 3. Despite these figures, Maxeon has not set specific reduction targets or climate pledges, nor have they cascaded any targets from parent organisations. Their emissions intensity for electricity production is reported at approximately 66,000 kg CO2e per MW produced in 2023, indicating a focus on improving efficiency in their operations. Maxeon's commitment to sustainability is evident through their transparent reporting and the disclosure of emissions across all scopes, although further initiatives or targets would enhance their climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 399,000 | 000,000 | 000,000 |
| Scope 2 | 173,335,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 328,000 | 000,000 | 000,000 |
How Carbon Intensive is Maxeon's Industry?
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Maxeon'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.
Maxeon 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.
