Xinyi Solar
Xinyi Solar Holdings Limited, commonly known as Xinyi Solar, is a leading player in the solar energy industry, headquartered in China (CN). Founded in 2006, the company has established itself as a prominent manufacturer of high-quality solar glass and photovoltaic (PV) modules, serving major operational regions across Asia, Europe, and North America. Xinyi Solar's core products include solar glass, solar cells, and solar modules, distinguished by their advanced technology and commitment to sustainability. The company has achieved significant milestones, including substantial production capacity expansions and strategic partnerships, solidifying its market position as one of the largest solar glass producers globally. With a focus on innovation and quality, Xinyi Solar continues to drive the renewable energy sector forward, contributing to a greener future.
DitchCarbon Score
How does Xinyi Solar'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
Xinyi Solar's score of 14 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Xinyi Solar's reported carbon emissions
In 2023, Xinyi Solar reported total carbon emissions of approximately 5,710,230,000 kg CO2e, with Scope 1 emissions at about 4,490,174,000 kg CO2e and Scope 2 emissions at around 1,220,056,000 kg CO2e. This marked an increase from 2022, where total emissions were approximately 3,929,933,000 kg CO2e, with Scope 1 at about 3,003,130,000 kg CO2e and Scope 2 at approximately 926,803,000 kg CO2e. In 2021, the company recorded total emissions of about 3,249,629,000 kg CO2e, with Scope 1 emissions of approximately 2,417,539,000 kg CO2e and Scope 2 emissions at around 832,090,000 kg CO2e. The trend indicates a significant rise in emissions over the years, with 2020 emissions reported at approximately 15,248,890 kg CO2e, where Scope 1 was about 176,920 kg CO2e and Scope 2 was approximately 15,120,020 kg CO2e. Despite the increasing emissions, Xinyi Solar has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company has not provided information on any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. The absence of such commitments may reflect a broader industry context where many companies are under pressure to enhance transparency and accountability regarding their carbon footprints and climate strategies.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 176,920 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 15,120,020 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | 15,248,890 | - | - | - |
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.
Xinyi Solar 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.
