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.
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.
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.
Shoals Technologies Group, Inc.'s score of 28 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shoals Technologies Group, Inc., headquartered in the US, has not publicly disclosed specific carbon emissions data for the most recent year. However, the company is actively engaged in significant climate commitments aimed at achieving net-zero emissions. Shoals has set long-term reduction targets for both Scope 1 and Scope 2 emissions, with initiatives aligned to support MGM Resorts International’s 2030 emissions reduction goals. These projects are designed to power MGM's 13 properties on the Las Vegas Strip, reflecting Shoals' commitment to sustainable energy solutions. While specific reduction percentages have not been detailed, the company's focus on long-term strategies indicates a proactive approach to mitigating its carbon footprint. As the industry increasingly prioritises climate action, Shoals Technologies Group is positioning itself as a responsible player in the transition to a low-carbon economy.
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.
Shoals Technologies Group, Inc. is not participating in any of the initiatives that 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.