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Public Profile
Communication Equipment Manufacturing
IN
updated 2 months ago

Waaree Energies Limited Sustainability Profile

Company website

Waaree Energies Limited, a leading player in the renewable energy sector, is headquartered in India and operates extensively across various regions. Founded in 1989, the company has established itself as a prominent manufacturer of solar photovoltaic (PV) modules and a provider of comprehensive solar energy solutions. Waaree's core offerings include high-efficiency solar panels, solar inverters, and energy storage systems, distinguished by their innovative technology and commitment to quality. With a strong market presence, Waaree Energies has achieved significant milestones, including the installation of over 1 GW of solar projects globally. The company is recognised for its contributions to sustainable energy, positioning itself as a trusted partner in the transition towards a greener future.

DitchCarbon Score

How does Waaree Energies Limited'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.

19

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.

32

Industry Benchmark

Waaree Energies Limited's score of 19 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

13%

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Waaree Energies Limited's reported carbon emissions

In 2025, Waaree Energies Limited reported total carbon emissions of approximately 93,462,020 kg CO2e for Scope 2 and about 357,130 kg CO2e for Scope 1. In 2024, the company’s emissions were approximately 66,014,000 kg CO2e for Scope 2 and about 616,000 kg CO2e for Scope 1. This data indicates a significant focus on managing direct and indirect emissions, although no Scope 3 emissions data has been disclosed. Waaree Energies has committed to achieving net-zero emissions across all scopes by 2050, with interim targets set through the Science Based Targets initiative (SBTi). The company is currently classified as "Committed" to these targets, which align with global efforts to limit temperature rise and mitigate climate change impacts. As a current subsidiary of Waaree Energies Limited, the emissions data and climate commitments are cascaded from the parent organisation, ensuring a unified approach to sustainability and emissions reduction. The company operates within the semiconductor and semiconductor equipment sector, which is increasingly under scrutiny for its environmental impact.

How Carbon Intensive is Waaree Energies Limited's Industry?

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Some industries are more carbon intensive than others. Waaree Energies Limited's primary industry is Communication Equipment Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Waaree Energies Limited's Location?

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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Waaree Energies Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Waaree Energies Limited'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.

Waaree Energies Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Waaree Energies Limited's Emissions with Industry Peers

Bharat Heavy Electricals

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Electrical machinery and apparatus n.e.c. (31)
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Electrical machinery and apparatus n.e.c. (31)
Updated 1 day ago

Nextera Energy Partners Lp

US
•
Electricity by wind
Updated 14 days ago

Trina Solar

CN
•
Research and development services (73)
Updated 17 days ago

LONGi Green Energy Technology Co., Ltd.

CN
•
Radio, television and communication equipment and apparatus (32)
Updated 12 days ago

Jinko Solar Co., Ltd.

CN
•
Radio, television and communication equipment and apparatus (32)
Updated 1 day ago

Frequently Asked Questions

Common questions about Waaree Energies Limited's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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