Public Profile

Sungrow

Sungrow Power Supply Co., Ltd., commonly known as Sungrow, is a leading global provider of renewable energy solutions headquartered in China. Founded in 1997, the company has established a strong presence in key operational regions, including Asia, Europe, and North America. Specialising in solar inverters, energy storage systems, and power conversion technologies, Sungrow is renowned for its innovative approach and commitment to efficiency. With a focus on sustainable energy, Sungrow has achieved significant milestones, including the development of advanced inverter technologies that enhance energy yield and reliability. The company holds a prominent market position, recognised for its contributions to the solar industry and its role in facilitating the transition to clean energy. Sungrow's dedication to quality and innovation continues to set it apart in the competitive renewable energy landscape.

DitchCarbon Score

How does Sungrow'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.

22

Industry Average

Mean score of companies in the Solar Thermal Electricity 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.

14

Industry Benchmark

Sungrow's score of 22 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

Sungrow's reported carbon emissions

In 2023, Sungrow reported total carbon emissions of approximately 8,995,617,000 kg CO2e, with Scope 1 emissions at about 3,594,000 kg CO2e, Scope 2 emissions at approximately 38,161,000 kg CO2e, and significant Scope 3 emissions of around 8,953,862,000 kg CO2e. This marked a notable increase in total emissions compared to previous years, reflecting the company's growth, with revenue reaching approximately USD 10,474,324,847. In 2022, Sungrow's total emissions were about 43,257,000 kg CO2e, with Scope 1 at approximately 3,459,000 kg CO2e and Scope 2 at around 39,798,000 kg CO2e. The company has shown a trend of increasing emissions over the years, with 2021 emissions at about 38,234,000 kg CO2e and 2020 emissions at approximately 28,723,000 kg CO2e. Despite the rising emissions, there are no specific reduction targets or climate pledges disclosed by Sungrow. The company has not outlined any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. As a leading player in the renewable energy sector, Sungrow's emissions profile highlights the challenges of balancing growth with sustainability efforts.

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2020202120222023
Scope 1
1,135,000
0,000,000
0,000,000
0,000,000
Scope 2
27,587,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sungrow's primary industry is Electricity by solar thermal, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Sungrow is headquartered in CN, which we do not have grid emissions data for.

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.

Sungrow is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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DitchCarbon Score

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