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.

26

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.

18

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.

80%

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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. This represents a significant decrease from 2021, when total emissions were about 240,077,000 kg CO2e, indicating a positive trend in their carbon footprint management. Maxeon's emissions have shown a downward trajectory over the years, with total emissions decreasing from approximately 174,062,000 kg CO2e in 2020 and 150,303,000 kg CO2e in 2022. The company has disclosed emissions across all three scopes, demonstrating transparency in its reporting. Despite these reductions, there are currently no specific reduction targets or climate pledges outlined in their initiatives. Maxeon continues to focus on improving its sustainability practices, although further commitments or targets have not been specified. The company is headquartered in Singapore (SG) and operates within the renewable energy sector, which is increasingly prioritising carbon neutrality and sustainability.

Unlock detailed emissions data

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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. This request for Maxeon is in SG, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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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