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.
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 62% 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 specific carbon emissions data in kg CO2e. 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, which are set to commence in 2023 and conclude in 2030, will power MGM's 13 properties on the Las Vegas Strip, although specific reduction percentages have not been disclosed. As of now, there are no emissions data inherited from a parent company, and all initiatives are directly attributed to Shoals Technologies Group, Inc. The company is actively working towards its climate commitments, reflecting a growing trend in the industry to prioritise sustainability and reduce carbon footprints.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
