Public Profile

Rec

Rec Group, commonly known as Rec, is a leading global provider of solar energy solutions, headquartered in Singapore (SG). Founded in 1996, the company has established a strong presence in key operational regions, including Europe, Asia, and North America. Specialising in the manufacturing of high-performance solar panels, Rec is renowned for its innovative technology and commitment to sustainability. With a focus on quality and efficiency, Rec's core products include its award-winning solar modules, which are designed to deliver superior energy output and durability. The company has achieved significant milestones, including numerous industry awards and recognitions, solidifying its position as a trusted name in the renewable energy sector. As a pioneer in solar technology, Rec continues to drive advancements in clean energy, contributing to a more sustainable future.

DitchCarbon Score

How does Rec'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.

27

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

16

Industry Benchmark

Rec's score of 27 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Rec's reported carbon emissions

In 2023, Rec reported total carbon emissions of approximately 244,519,000 kg CO2e, comprising 281,920 kg CO2e from Scope 1, 1,320,590 kg CO2e from Scope 2, and 5,254,770 kg CO2e from Scope 3 emissions. This marked an increase from 2022, where total emissions were about 215,217,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Rec is aware of its emissions, it may not have formalised strategies in place to achieve significant reductions. Rec's emissions data indicates a trend of increasing emissions over the years, with notable figures from previous years, such as 204,245,000 kg CO2e in 2021 and 215,217,000 kg CO2e in 2022. The company is headquartered in Singapore (SG) and is likely to be influenced by regional climate policies and industry standards. Overall, while Rec has made strides in tracking its emissions, further clarity on specific reduction commitments would enhance its climate strategy.

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Add to project
201320142015201620172018201920202021202220232024
Scope 1
2,801
0,000
00,000
0,000
00,000
00,000
00,000
0,000,000
00,000,000
00,000,000
000,000
000,000
Scope 2
1,498,765
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000,000
000,000,000
000,000,000
0,000,000
Scope 3
-
-
-
-
-
-
-
-
00,000,000
00,000,000,000
0,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Rec's primary industry is Electricity nec, 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. Rec is headquartered in SG, which has a rank of low, indicating low grid carbon 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.

Rec is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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