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Canadian Solar, officially known as Canadian Solar Inc., is a prominent player in the manufacturing sector, specialising in furniture and other manufactured goods. Headquartered in Canada, the company operates across various regions, serving diverse markets with a focus on innovation and quality. Since its founding in 2001, Canadian Solar has established a strong reputation for delivering reliable products and solutions within its industry.
The company's core offerings include a range of furniture and specialised manufactured items, distinguished by their durability and design excellence. Canadian Solar has achieved notable milestones in expanding its global footprint and maintaining a competitive market position. Its commitment to quality and innovation continues to drive its success in the niche of furniture and other manufactured goods.
+37 vs industry average
Canadian Solar’s score of 60 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Furniture Manufacturing has above-average carbon intensity
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Canadian Solar reported Scope 1 emissions of 16,864,000 kg CO2e, Scope 2 emissions of 1,576,842,000 kg CO2e (market-based), and Scope 3 emissions of 27,324,256,000 kg CO2e for 2024. This follows 2023 emissions of 54,987,000 kg CO2e for Scope 1, 1,800,274,000 kg CO2e for Scope 2 (market-based), and 21,974,157,000 kg CO2e for Scope 3.
Canadian Solar has set several climate commitments. The company aims for a 37% reduction in its greenhouse gas emission intensity from 2020 levels to 92 tonnes CO2e/MW by 2030, with a goal to achieve 100% renewable energy before 2030. They have already seen a significant reduction in emissions, with Scope 1 emissions decreasing by approximately 69% and Scope 2 (market-based) emissions declining by about 12% between 2023 and 2024.
Canadian Solar Inc. has also set Science Based Targets initiative (SBTi) approved targets:
Additionally, for its e-STORAGE manufacturing operations, the company targets a 23% reduction in Scope 1 and Scope 2 GHG intensity from 2025 to 2029.
2050
90% reduction in Scope 1
Canadian Solar Inc. commits to reduce absolute scope 1 GHG emissions 90.0% by 2050 from a 2023 base year.
2035
64.9% reduction in Scope 1
Canadian Solar Inc. commits to reduce absolute scope 1 GHG emissions 64.9% by 2035 from a 2023 base year.
2050
Canadian Solar Inc
Canadian Solar Inc. commits to reduce absolute scope 1 GHG emissions 64.9% by 2035 from a 2023 base year.
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PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Common questions about Canadian Solar’s sustainability data and climate commitments
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