Suntech Power Holdings Co. Ltd., a leading player in the solar energy sector, is headquartered in China (CN) and operates extensively across various global markets. Founded in 2001, the company has established itself as a pioneer in photovoltaic technology, achieving significant milestones in solar panel manufacturing and innovation. Suntech's core offerings include high-efficiency solar modules and comprehensive solar solutions, distinguished by their advanced technology and reliability. The company is renowned for its commitment to sustainability and has received numerous accolades for its contributions to renewable energy. With a strong market position, Suntech continues to drive growth in the solar industry, leveraging its expertise to meet the increasing demand for clean energy solutions worldwide.
How does Suntech Power Holdings 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.
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.
Suntech Power Holdings Co. Ltd.'s score of 15 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Suntech Power Holdings Co. Ltd. reported carbon emissions of approximately 45,780 kg CO2e per megawatt (MW) of electricity produced, a reduction from about 52,020 kg CO2e per MW in 2018. This indicates a positive trend in their emissions intensity, reflecting their commitment to improving sustainability in their operations. However, specific reduction targets or initiatives have not been disclosed, and there are no documented climate pledges or commitments to the Science Based Targets initiative (SBTi). As a leading player in the solar energy sector, Suntech's focus on reducing emissions aligns with industry standards for climate action, although further transparency regarding their overall emissions (including Scope 1, 2, and 3) and future commitments would enhance their sustainability profile. Overall, while Suntech has made strides in reducing emissions intensity, the absence of comprehensive reduction targets highlights an area for potential growth in their climate strategy.
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.
Suntech Power Holdings Co. Ltd. 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.