Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc., commonly referred to as Shoals, is a leading provider of innovative electrical balance of system (EBOS) solutions for the solar energy industry. Headquartered in the United States, Shoals operates across key regions, delivering cutting-edge products that enhance the efficiency and reliability of solar installations. Founded in 2010, the company has achieved significant milestones, including rapid growth and recognition for its commitment to sustainability.
Shoals offers a range of unique products and services, including modular wiring systems and advanced monitoring solutions, which streamline the installation process and reduce costs for solar developers. With a strong market position, Shoals has established itself as a trusted partner in the renewable energy sector, contributing to the global transition towards clean energy solutions.
-12 vs industry average
Shoals Technologies Group, Inc.’s score of 26 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Communication Equipment Manufacturing has below-average carbon intensity
Industry performance
The Communication Equipment Manufacturing industry has reduced its overall emissions by 30% since 2018
Reported emissions
No reported emissions data is available for Shoals Technologies Group, Inc. yet.
Shoals Technologies Group, Inc.'s reported carbon emissions
Shoals Technologies Group, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures. However, the company is actively engaged in climate commitments aimed at achieving net-zero emissions.
Shoals has set near-term reduction targets for both Scope 1 and Scope 2 emissions, with initiatives supporting MGM Resorts International’s 2030 emissions reduction goals. These projects are designed to power MGM's 13 properties on the Las Vegas Strip, demonstrating Shoals' commitment to sustainable energy solutions.
While specific emissions totals are not available, the company's proactive approach to reducing its carbon footprint reflects a growing trend in the industry towards accountability and environmental stewardship. As they work towards these targets, Shoals Technologies Group, Inc. is positioning itself as a responsible player in the fight against climate change.
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Shoals Technologies Group, Inc.’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Shoals Technologies Group, Inc.
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