Meyer Burger Technology AG, commonly referred to as Meyer Burger, is a leading player in the solar photovoltaic industry, headquartered in Switzerland (CH). Founded in 1953, the company has evolved significantly, focusing on innovative solar technology solutions that enhance energy efficiency and sustainability.
Meyer Burger's core offerings include high-performance solar cells and modules, distinguished by their advanced heterojunction technology (HJT) and smart wire connection systems. These products not only improve energy yield but also reduce the carbon footprint of solar energy production.
With a strong presence in Europe and expanding operations globally, Meyer Burger has established itself as a key competitor in the renewable energy market. The company is committed to driving the transition to clean energy, marking notable achievements in efficiency and production capacity that set it apart in the industry.
+3 vs industry average
Meyer Burger’s score of 21 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Solar PV Electricity is among the most carbon-intensive industries
Industry performance
The Solar PV Electricity industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Meyer Burger's reported carbon emissions
Meyer Burger's carbon emissions and climate commitments for its operations in Switzerland (CH) within the electricity by solar photovoltaic industry are detailed below.
2023 Emissions: Meyer Burger reported a total of approximately 454,439,000 kg CO2e in 2023. This comprises:
- Scope 1: Approximately 305,000 kg CO2e.
- Scope 2: Approximately 92,000 kg CO2e (market-based).
- Scope 3: Approximately 441,833,500 kg CO2e, with purchased goods and services being the largest contributor at approximately 432,705,000 kg CO2e, followed by employee commute at approximately 536,000 kg CO2e.
2022 Emissions: In 2022, Meyer Burger's total emissions were approximately 449,693,000 kg CO2e. This included:
- Scope 1: Approximately 327,000 kg CO2e.
- Scope 2: Approximately 6,000 kg CO2e (market-based).
2021 Emissions: For 2021, the total emissions reported were approximately 305,859,000 kg CO2e, with Scope 1 emissions at approximately 818,000 kg CO2e.
2020 Emissions: Meyer Burger reported Scope 1 emissions of approximately 674,000 kg CO2e and Scope 2 emissions of approximately 2,584,000 kg CO2e in 2020. Scope 3 emissions from business travel were approximately 700,000 kg CO2e.
2019 Emissions: In 2019, Scope 1 emissions were approximately 660,000 kg CO2e and Scope 2 emissions were approximately 2,827,000 kg CO2e. Scope 3 emissions from business travel were approximately 1,665,000 kg CO2e.
2018 Emissions: Meyer Burger's Scope 1 emissions in 2018 were approximately 677,000 kg CO2e, Scope 2 emissions were approximately 3,150,000 kg CO2e, and Scope 3 business travel emissions were approximately 1,319,000 kg CO2e.
2017 Emissions: The company reported Scope 1 emissions of approximately 660,000 kg CO2e in 2017, with Scope 2 purchased electricity emissions of approximately 3,348,000 kg CO2e. Scope 3 business travel emissions were approximately 1,254,000 kg CO2e.
2016 Emissions: In 2016, total emissions were approximately 6,858,000 kg CO2e, including Scope 1 emissions of approximately 893,000 kg CO2e. Scope 3 emissions totalled approximately 2,283,000 kg CO2e.
2015 Emissions: Total emissions in 2015 were approximately 6,655,000 kg CO2e, with Scope 1 emissions at approximately 888,000 kg CO2e. Scope 3 emissions were approximately 2,444,000 kg CO2e.
Climate Commitments and Reduction Targets: Meyer Burger has set ambitious climate targets:
- Scope 1 Emissions: The company aims to reduce Scope 1 emissions by 50% by 2030 from a 2021 baseline. Additionally, they aim to reduce Scope 1 emissions to near zero by the middle of the current decade. In a recent achievement, Meyer Burger reduced its Scope 1 emissions by approximately 6.7%, from 327,000 kg CO2e in 2022 to 305,000 kg CO2e in 2023.
- Scope 2 Emissions: Meyer Burger is committed to reducing its Scope 2 emissions by 50% by 2030 from a 2021 baseline. There is also a near-term aim to reduce Scope 2 emissions to near zero by the middle of this decade.
- Long-Term Commitment: Meyer Burger recognises its significant contribution to CO2 emissions and climate change through its operations, particularly in PV module production and component sourcing. The company is committed to reducing its environmental and climate impact, with a long-term vision towards net zero by 2050 for both Scope 1 and Scope 2 emissions.
Meyer Burger's overarching commitment is to help decarbonise society by providing clean energy solutions. The company's efforts are aligned with broader decarbonisation goals within the solar photovoltaic industry.
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Meyer Burger’s Climate Goals (2030 & 2050)
6 goals2023
6.7% reduction in Scope 1
Regarding Scope 1 emissions, Meyer Burger achieved a reduction from 327 to 305 tons of CO2e between 2022 and 2023.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 6 climate goals
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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