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  1. Organizations
  2. REC Solar Holdings AS
  3. Public Profile

REC Solar Holdings AS Sustainability Profile

updated 4 months ago
18
DitchCarbon
Top50%

REC Solar Holdings AS, headquartered in Norway, is a prominent player in the renewable energy sector, specialising in solar energy solutions. Founded in 1996, the company has established itself as a leader in the production of high-quality solar panels and innovative energy solutions, with a strong presence in Europe, Asia, and North America. REC Solar Holdings AS is renowned for its commitment to sustainability and cutting-edge technology, offering a range of products that include solar panels, solar energy systems, and integrated solutions. Their unique approach combines efficiency with durability, making their offerings stand out in a competitive market. With a focus on advancing solar technology, REC has achieved significant milestones, including numerous awards for innovation and sustainability. The company continues to strengthen its market position, contributing to the global transition towards renewable energy.

REC Solar Holdings AS's reported carbon emissions

Inherited from Reliance Industries Limited

REC Solar Holdings AS, headquartered in Norway, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Reliance Industries Limited, which may influence its climate commitments and reporting practices. While REC Solar Holdings AS has not established its own reduction targets or specific climate pledges, it is important to note that it inherits certain sustainability initiatives from its parent company, Reliance Industries Limited. This includes participation in the Carbon Disclosure Project (CDP) and Climate Action 100+ initiatives, which are aimed at enhancing corporate accountability in climate-related disclosures and actions. As a subsidiary, REC Solar Holdings AS may align its strategies with the broader sustainability goals set by Reliance Industries Limited, although specific targets or achievements at the subsidiary level remain unspecified. The company is expected to contribute to the overarching climate commitments of its parent organisation, which are designed to address carbon emissions and promote sustainable practices across its operations.

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How Carbon Intensive is REC Solar Holdings AS's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. REC Solar Holdings AS's primary industry is Solar PV Electricity, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is REC Solar Holdings AS's Location?

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 REC Solar Holdings AS is in NO, which has a very low grid carbon intensity relative to other regions.

REC Solar Holdings AS's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

REC Solar Holdings AS has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Race To Net Zero
RSPO
PRI
Responsible Business Alliance
Responsible Minerals Initiative
Responsible Labor Initiative
Reduction Actions
Ecovadis Performance

Compare REC Solar Holdings AS's Emissions With Industry Peers

CompanyCountryIndustryLast UpdatedScoreDetails
LG CorpKRElectrical machinery and apparatus n.e.c. (31)9 days ago42
Sun PowerUSElectricity by solar thermal8 days ago12
KyoceraJPSemiconductor and Related Device Manufacturing6 days ago81
Canadian SolarCAFurniture; other manufactured goods n.e.c. (36)8 days ago64
Ja Solar HoldingsCNElectricity by solar thermal5 days ago39
Suntech Power Holdings Co. Ltd.CNRadio, television and communication equipment and apparatus (32)1 day ago18
LG Corp
KR•Electrical machinery and apparatus n.e.c. (31)
9 days ago
42
Sun Power
US•Electricity by solar thermal
8 days ago
12
Kyocera
JP•Semiconductor and Related Device Manufacturing
6 days ago
81
Canadian Solar
CA•Furniture; other manufactured goods n.e.c. (36)
8 days ago
64
Ja Solar Holdings
CN•Electricity by solar thermal
5 days ago
39
Suntech Power Holdings Co. Ltd.
CN•Radio, television and communication equipment and apparatus (32)
1 day ago
18
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