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.
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.
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.
Waaree Energies Limited's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Waaree Energies Limited, headquartered in India, has made significant commitments towards reducing its carbon emissions, although specific emissions data is currently unavailable. The company is committed to achieving net-zero emissions across all scopes by 2050, as indicated by its Science Based Targets initiative (SBTi) commitments. Waaree Energies has set a long-term target to align its greenhouse gas emissions reductions with the necessary measures to limit global warming. This commitment encompasses emissions from both Scope 1 and Scope 2, which pertain to direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, respectively. As of now, Waaree Energies has not disclosed specific reduction targets or achievements in terms of absolute emissions numbers. However, the company's commitment to net-zero emissions reflects a proactive approach to climate action within the semiconductor and semiconductor equipment sector. Overall, Waaree Energies Limited is positioned to contribute positively to climate goals, with a clear roadmap towards sustainability and emissions reduction.
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.
Waaree Energies Limited is participating in some of the initiatives that 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.