First Solar

First Solar, a US-based company in the Electricity by solar thermal industry, reported Scope 1 emissions of approximately 16.59 million kg CO2e and Scope 2 (market-based) emissions of about 919.45 million kg CO2e in 2024. For 2023, their Scope 1 emissions were approximately 11.64 million kg CO2e, and Scope 2 (market-based) emissions were about 776.50 million kg CO2e. In 2022, First Solar's Scope 1 emissions were around 7.69 million kg CO2e, Scope 2 (market-based) emissions were approximately 563.65 million kg CO2e, and Scope 3 emissions totalled about 2.68 billion kg CO2e.

First Solar has set ambitious climate commitments. The company has a Science Based Targets initiative (SBTi) approved net-zero target to reach net-zero greenhouse gas emissions across its value chain by 2050, from a 2020 base year. This long-term commitment aligns with limiting global temperature rise to 1.5°C.

In the near-term, First Solar commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 34% by 2028, also from a 2020 base year. Additionally, they aim to reduce Scope 3 GHG emissions from purchased goods and services by 45% per MW produced within the same 2020-2028 timeframe. Their long-term Scope 1 and 2 target is a 90% absolute reduction by 2050 from a 2020 base year. They also aim for a 97% intensity reduction in Scope 3 GHG emissions from purchased goods and services, capital goods, and fuel- and energy-related activities per MW produced by 2050.

Historically, First Solar had a goal to reduce GHG intensity by 35% by 2016 from a 2008 base year for both Scope 1 and Scope 2 emissions. Following this, a new five-year goal was set for 2021 to reduce GHG emissions intensity per watt produced by 45% compared to the 2008 baseline for both Scope 1 and Scope 2. First Solar also committed to powering its global operations with 100% renewable energy by 2028 as part of the RE100 initiative.