Sunnova Energy Sustainability Profile
Sunnova Energy International Inc., commonly known as Sunnova, is a leading residential solar and energy storage service provider headquartered in the United States. Founded in 2012, the company has rapidly expanded its operations across major regions, including California, Texas, and Florida, positioning itself as a key player in the renewable energy sector. Sunnova offers innovative solar power solutions and energy storage systems, enabling homeowners to harness clean energy while reducing their reliance on traditional power sources. Their unique financing options and comprehensive service plans set them apart in the competitive solar market. With a commitment to sustainability and customer satisfaction, Sunnova has achieved significant milestones, including a growing customer base and recognition for its contributions to the clean energy transition.
DitchCarbon Score
How does Sunnova Energy'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 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.
Industry Benchmark
Sunnova Energy's score of 30 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sunnova Energy's reported carbon emissions
In 2023, Sunnova Energy reported total carbon emissions of approximately 853,820,000 kg CO2e. This figure includes Scope 1 emissions of about 5,132,000 kg CO2e, Scope 2 emissions of approximately 919,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 847,816,000 kg CO2e. The Scope 3 emissions encompass various categories, with purchased goods and services being the largest contributor at about 746,205,000 kg CO2e. Comparatively, in 2022, the company’s total emissions were approximately 633,227,000 kg CO2e, indicating a substantial increase in emissions year-on-year. This rise can be attributed to various operational factors, including revenue growth, which reached about USD 720,653,000 in 2023. Sunnova has set ambitious reduction targets, aiming to decrease its Scope 1 and Scope 2 emissions by 30% from a 2022 baseline by the year 2030. This commitment reflects the company's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. The emissions data is sourced directly from Sunnova Energy International Inc., with no cascaded data from parent or related organizations. The company is focused on enhancing its sustainability practices and reducing its overall environmental impact in the coming years.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,035,200 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 726,400 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 661,740 | 000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Sunnova Energy's Industry?
How Carbon Intensive is Sunnova Energy's Location?
Sunnova Energy's Scope 3 Categories Breakdown
Sunnova Energy's Scope 3 emissions, which increased by 34% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 88% of Scope 3 emissions.
Top Scope 3 Categories
Sunnova Energy'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.
Sunnova Energy 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.
