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Solar Thermal Electricity
CN
updated a month ago

Xinyi Solar Sustainability Profile

Company website

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.

19

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.

20

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.

44%

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Xinyi Solar's reported carbon emissions

In 2024, Xinyi Solar, headquartered in CN, reported total carbon emissions of approximately 7,849,204,000 kg CO2e. This figure includes 5,432,651,000 kg CO2e from Scope 1 emissions, 1,237,107,000 kg CO2e from Scope 2, and 1,179,446,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 6,669,758,000 kg CO2e. For the previous year, 2023, Xinyi Solar's emissions were approximately 5,710,230,000 kg CO2e, with Scope 1 emissions at 4,490,174,000 kg CO2e and Scope 2 emissions at 1,220,056,000 kg CO2e. Notably, the company has not disclosed any Scope 3 emissions data for 2023. In 2022, the total emissions were around 3,929,933,000 kg CO2e, with Scope 1 at 3,003,130,000 kg CO2e and Scope 2 at 926,803,000 kg CO2e. The trend indicates a significant increase in emissions over the years, particularly from 2022 to 2024. Xinyi Solar has not set specific reduction targets or initiatives as part of its climate commitments, nor has it reported any SBTi (Science Based Targets initiative) targets. The company’s emissions data is sourced directly from Xinyi Solar Holdings Limited, with no cascaded data from parent or related organizations. Overall, while Xinyi Solar is a key player in the solar industry, its emissions have shown an upward trajectory, and the absence of defined reduction targets raises questions about its long-term climate strategy.

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201920202021202220232024
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Xinyi Solar's primary industry is Solar Thermal Electricity, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Xinyi Solar's Location?

Very low
Low
Medium
High
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 Xinyi Solar is in CN, which we do not have grid emissions data for.

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.

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 Xinyi Solar's Emissions with Industry Peers

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GCL New Energy Holdings Limited

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•
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Updated 4 days ago

LONGi Green Energy Technology Co., Ltd.

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Updated 3 days ago

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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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