Nextracker Inc.
Nextracker Inc., a leading provider of advanced solar tracking solutions, is headquartered in the United States and operates extensively across major global markets. Founded in 2013, the company has rapidly established itself within the renewable energy sector, focusing on optimising solar power generation through innovative technology. Nextracker's core offerings include its state-of-the-art solar tracker systems, which enhance energy output and efficiency for utility-scale solar projects. The company is recognised for its unique ability to integrate cutting-edge software with hardware, ensuring superior performance and reliability. With a strong market position, Nextracker has achieved significant milestones, including the deployment of over 30 gigawatts of solar trackers worldwide. This commitment to innovation and sustainability has solidified Nextracker's reputation as a key player in the solar energy industry.
DitchCarbon Score
How does Nextracker Inc.'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 Electrical Machinery Manufacturing 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
Nextracker Inc.'s score of 44 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nextracker Inc.'s reported carbon emissions
In 2023, Nextracker Inc., headquartered in the United States, reported total carbon emissions of approximately 2,088,000 kg CO2e. This figure includes 224,000 kg CO2e from Scope 1 emissions and 214,000 kg CO2e from market-based Scope 2 emissions. The company also disclosed significant Scope 3 emissions, totalling about 1,867,884,000 kg CO2e, primarily from purchased goods and services, which accounted for approximately 1,587,980,000 kg CO2e. Comparatively, in 2022, Nextracker's emissions were lower, with Scope 1 emissions at 123,000 kg CO2e and market-based Scope 2 emissions at 209,000 kg CO2e, leading to a combined Scope 1 and 2 total of about 333,000 kg CO2e. Notably, the company did not report Scope 3 emissions for that year. Nextracker has committed to setting future sustainability-related targets aligned with climate science and the Science Based Targets initiative (SBTi) for both Scope 1 and Scope 2 emissions, with a timeframe extending from 2023 to 2025. While specific reduction percentages have not been disclosed, the company is actively monitoring the evolving regulatory landscape to inform its climate strategies. As of now, Nextracker has not established long-term net-zero targets but remains committed to near-term emissions reduction initiatives. The company’s emissions data is independently sourced and does not cascade from any parent organisation.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 123,000 | 000,000 |
| Scope 2 | 209,000 | 000,000 |
| Scope 3 | - | 0,000,000,000 |
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.
Nextracker Inc. is participating in some 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.
