Rec Sustainability Profile
Rec Group, commonly known as Rec, is a leading global provider of solar energy solutions, headquartered in Singapore (SG). Founded in 1996, the company has established a strong presence in key operational regions, including Europe, Asia, and North America. Specialising in the manufacturing of high-performance solar panels, Rec is renowned for its innovative technology and commitment to sustainability. With a focus on quality and efficiency, Rec's core products include its award-winning solar modules, which are designed to deliver superior energy output and durability. The company has achieved significant milestones, including numerous industry awards and recognitions, solidifying its position as a trusted name in the renewable energy sector. As a pioneer in solar technology, Rec continues to drive advancements in clean energy, contributing to a more sustainable future.
DitchCarbon Score
How does Rec'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 Electricity from Other Sources 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
Rec's score of 23 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rec's reported carbon emissions
In 2022, REC reported total greenhouse gas emissions of approximately 12,000,000,000 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas intensity by 40% for both Scope 1 and Scope 2 emissions by 2027, using 2021 as the baseline year. This commitment reflects REC's dedication to improving its environmental performance and aligns with industry standards for climate action. For 2023, REC disclosed a Scope 1 emissions intensity of about 7,600 kg CO2e per tonne of production. This figure indicates a focus on reducing emissions associated with direct operations. The company has not yet provided specific data for Scope 2 or Scope 3 emissions for the most recent year. REC's emissions data is cascaded from its parent company, REC Solar Pte. Ltd., which is part of a broader corporate family that includes Reliance Industries Limited. This relationship may influence REC's sustainability initiatives and reporting practices. Overall, REC's climate commitments and reduction targets demonstrate a proactive approach to addressing climate change and reducing its carbon footprint in the semiconductor industry.
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Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,801 | 0,000 | 00,000 | 0,000 | 00,000 | 00,000 | 00,000 | 0,000,000 |
| Scope 2 | 1,498,765 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
How Carbon Intensive is Rec's Industry?
How Carbon Intensive is Rec's Location?
Rec's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Rec has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
