Waaree Energies Limited
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.
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.
Industry Benchmark
Waaree Energies Limited's score of 19 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Waaree Energies Limited's reported carbon emissions
In 2024, Waaree Energies Limited reported total emissions of approximately 825,620 kg CO2e, comprising about 250,000 kg CO2e from Scope 1 and about 575,620 kg CO2e from Scope 2. This marks a significant increase from 2023, where emissions were about 357,600 kg CO2e, with Scope 1 emissions at approximately 102,250 kg CO2e and Scope 2 emissions at about 255,350 kg CO2e. Waaree Energies has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment reflects the company's dedication to reducing greenhouse gas emissions in line with global climate goals. The near-term target status is currently marked as "Committed," indicating an active engagement in climate action. As a key player in the semiconductor and semiconductor equipment sector, Waaree Energies is focused on implementing strategies to mitigate its carbon footprint while continuing to grow its operations in India.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 102,250 | 000,000 |
| Scope 2 | 255,350 | 000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
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.
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.
