Public Profile

First Solar

First Solar, Inc., a leading player in the solar energy sector, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1999, the company has established itself as a pioneer in photovoltaic (PV) solar technology, focusing on the design and manufacturing of thin-film solar modules. First Solar's unique cadmium telluride (CdTe) technology sets it apart, offering high efficiency and lower environmental impact compared to traditional silicon-based solar cells. The company has achieved notable milestones, including being one of the largest solar manufacturers globally and a key contributor to utility-scale solar projects. With a commitment to sustainability and innovation, First Solar continues to strengthen its market position, driving the transition to renewable energy solutions.

DitchCarbon Score

How does First 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.

45

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.

19

Industry Benchmark

First Solar's score of 45 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

First Solar's reported carbon emissions

In 2023, First Solar reported total greenhouse gas emissions of approximately 3,681,000 kg CO2e, comprising 11,638,000 kg CO2e from Scope 1, 793,171,000 kg CO2e from Scope 2, and 3,660,151,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, which spans all three scopes. First Solar has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 34% by 2028, using 2020 as the baseline year. Additionally, they plan to cut Scope 3 emissions from purchased goods and services by 45% per megawatt produced within the same timeframe. Long-term goals include a significant reduction of 90% in absolute Scope 1 and 2 emissions by 2050, alongside a 97% reduction in Scope 3 emissions from purchased goods and services, capital goods, and fuel- and energy-related activities per megawatt produced. These targets align with industry standards for climate action and demonstrate First Solar's commitment to sustainability and reducing its carbon footprint.

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Add to project
2014201520162017201820192020202120222023
Scope 1
10,593,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
00,000,000
Scope 2
320,302,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

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

Location emissions intensity

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. First Solar is headquartered in US, which has a rank of low, indicating low grid carbon 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.

First Solar is committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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