SolaX Power Network Technology (Zhejiang) Co., Ltd. Sustainability Profile
SolaX Power Network Technology (Zhejiang) Co., Ltd., commonly referred to as SolaX Power, is a leading player in the renewable energy sector, headquartered in Zhejiang, China. Established in 2010, the company has rapidly evolved, focusing on innovative solar energy solutions and energy storage systems. SolaX Power is renowned for its high-quality solar inverters, battery storage systems, and energy management solutions, which are designed to enhance energy efficiency and sustainability. The company’s commitment to research and development has positioned it as a key competitor in the global market, with a strong presence in Europe, Australia, and Asia. With numerous accolades for its technological advancements, SolaX Power continues to drive the transition towards renewable energy, making significant strides in both residential and commercial sectors.
DitchCarbon Score
How does SolaX Power Network Technology (Zhejiang) Co., Ltd.'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 Electrical Machinery 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
SolaX Power Network Technology (Zhejiang) Co., Ltd.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SolaX Power Network Technology (Zhejiang) Co., Ltd.'s reported carbon emissions
In 2024, SolaX Power Network Technology (Zhejiang) Co., Ltd. reported total carbon emissions of approximately 797,325,020 kg CO2e. This figure includes 808,510 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 10,593,790 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 785,922,720 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Currently, SolaX Power has not set any specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of reduction commitments indicates a potential area for improvement in their climate strategy. As a company operating in the renewable energy sector, SolaX Power's emissions data reflects the broader industry context, where significant efforts are needed to mitigate climate impact and transition towards sustainable practices.
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| 2024 | |
|---|---|
| Scope 1 | 808,510 |
| Scope 2 | 10,593,790 |
| Scope 3 | 785,922,720 |
How Carbon Intensive is SolaX Power Network Technology (Zhejiang) Co., Ltd.'s Industry?
How Carbon Intensive is SolaX Power Network Technology (Zhejiang) Co., Ltd.'s Location?
SolaX Power Network Technology (Zhejiang) Co., Ltd.'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.
SolaX Power Network Technology (Zhejiang) Co., Ltd. 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.
