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.
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 26 is higher than 80% 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 2023, Maxeon reported total carbon emissions of approximately 162,256,000 kg CO2e. This figure includes 292,000 kg CO2e from Scope 1 emissions, 161,286,000 kg CO2e from Scope 2 emissions, and 678,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company’s total emissions were about 150,303,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 shows 328,000 kg CO2e from Scope 1, 149,282,000 kg CO2e from Scope 2, and 441,000 kg CO2e from Scope 3. In 2021, Maxeon’s total emissions reached approximately 240,077,000 kg CO2e, with Scope 1 emissions at 358,000 kg CO2e, Scope 2 at 239,391,000 kg CO2e, and Scope 3 at 358,000 kg CO2e. The emissions for 2020 were about 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 disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategies. The company operates within the solar energy sector, which is increasingly focused on reducing carbon footprints and enhancing environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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
Location emissions 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 participating in any of the initiatives that 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.
