REC Solar Holdings AS Sustainability Profile
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.
DitchCarbon Score
How does REC Solar Holdings AS'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 PV 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
REC Solar Holdings AS's score of 42 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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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| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,927,320,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 211,620,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | - | - |
How Carbon Intensive is REC Solar Holdings AS's Industry?
How Carbon Intensive is REC Solar Holdings AS's Location?
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 not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
