Canadian Solar
Canadian Solar Inc., a leading player in the renewable energy sector, is headquartered in Canada and operates extensively across North America, Europe, and Asia. Founded in 2001, the company has achieved significant milestones, including becoming one of the largest solar manufacturers globally. Specialising in solar photovoltaic modules and solar energy solutions, Canadian Solar is renowned for its high-efficiency products that cater to residential, commercial, and utility-scale applications. Their commitment to innovation and sustainability sets them apart in a competitive market. With a strong market position, Canadian Solar has consistently been recognised for its contributions to the solar industry, including numerous awards for product excellence and environmental stewardship. As a trusted name in solar energy, Canadian Solar continues to drive the transition towards a greener future.
DitchCarbon Score
How does Canadian 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 Furniture 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
Canadian Solar's score of 48 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Canadian Solar's reported carbon emissions
In 2023, Canadian Solar reported total carbon emissions of approximately 5,498,200 kg CO2e for Scope 1, 2,260,125,000 kg CO2e for Scope 2, and 803,362,000 kg CO2e for Scope 3 emissions. This represents a significant increase in Scope 1 emissions from 2022, where they were about 7,564,700 kg CO2e, while Scope 2 emissions decreased from approximately 1,213,373,000 kg CO2e in 2022. The company has set ambitious reduction targets, aiming for a 42% decrease in Scope 1 and Scope 2 emissions by 2030 from a 2022 baseline. For 2024, Canadian Solar is targeting a 69% reduction in Scope 1 emissions, equating to a decrease of about 38,123,000 kg CO2e, and a 12% reduction in Scope 2 emissions, which translates to approximately 211,917,000 kg CO2e. Additionally, the company has established annual and five-year rolling targets to reduce the greenhouse gas emissions intensity of its e-STORAGE manufacturing operations by 23% from 2025 to 2029. Canadian Solar is committed to achieving net-zero emissions across all scopes by 2050, reflecting its dedication to sustainable practices and climate responsibility. The emissions data and reduction targets are not cascaded from any parent organization, indicating that they are independently reported by Canadian Solar Inc.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 45,464,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 952,591,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 226,512,000 | 000,000,000 | 000,000,000 |
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.
Canadian Solar 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.
