Shoals Technologies Group, Inc. Sustainability Profile
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.
DitchCarbon Score
How does Shoals Technologies Group, 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 Communication Equipment 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
Shoals Technologies Group, Inc.'s score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 has established significant 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 designed to support MGM Resorts International’s 2030 emissions reduction goals. These projects are expected to commence in 2023 and will contribute to the overall sustainability efforts of the company. While specific emissions totals are not available, Shoals Technologies Group, Inc. is actively working towards enhancing its environmental performance through these commitments, reflecting a growing trend in the industry towards accountability and climate action.
How Carbon Intensive is Shoals Technologies Group, Inc.'s Industry?
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Shoals Technologies Group, Inc.'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.
Shoals Technologies Group, Inc. 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.
