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 17 is lower than 52% 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 174,062,150 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 significant Scope 3 emissions amounting to about 328,441,358,678 kg CO2e. For 2021, the company recorded total emissions of around 150,303,000 kg CO2e, with Scope 1 emissions at about 580,000 kg CO2e, Scope 2 emissions of approximately 149,282,000 kg CO2e, and Scope 3 emissions of about 441,000 kg CO2e. In 2020, total emissions were reported at approximately 174,062,000 kg CO2e, comprising Scope 1 emissions of about 399,000 kg CO2e, Scope 2 emissions of approximately 173,335,000 kg CO2e, and Scope 3 emissions of around 328,000 kg CO2e. Maxeon has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent company. The company is committed to sustainability, as evidenced by its participation in various climate initiatives, although no specific climate pledges or SBTi targets have been reported. The GHG emissions intensity for electricity produced was reported at approximately 66,000 kg CO2e per MW in 2023, indicating a focus on improving operational efficiency and reducing emissions in its production processes.
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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 | 000,000,000,000,000 |
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.
