Xinyi Solar Sustainability Profile
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 19 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Xinyi Solar's reported carbon emissions
In 2024, Xinyi Solar reported total carbon emissions of approximately 7,849,204,000 kg CO2e, comprising 5,432,651,000 kg CO2e from Scope 1, 1,237,107,000 kg CO2e from Scope 2, and 1,179,446,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2023, where total emissions were about 5,710,230,000 kg CO2e, with Scope 1 emissions at 4,490,174,000 kg CO2e and Scope 2 at 1,220,056,000 kg CO2e. Xinyi Solar has disclosed emissions data for all relevant scopes (1, 2, and 3) for 2024, 2023, and 2022, with a consistent focus on reducing its carbon footprint. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The company has not cascaded any Science-Based Targets initiative (SBTi) reduction targets from a parent organisation, and no climate pledges have been reported. The emissions intensity metrics indicate that Xinyi Solar is actively monitoring its greenhouse gas emissions per square metre of product, with values reported at 4,570 kg CO2e/m² for 2024 and 4,990 kg CO2e/m² for 2023. These figures reflect the company's ongoing efforts to assess and manage its environmental impact within the solar energy sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 11,193,230 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 11,095,330 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Xinyi Solar's Industry?
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Xinyi Solar'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.
Xinyi Solar has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
