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.
-4 vs industry average
Rec’s score of 11 is lower than 37% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Rec?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2022
Reported emissions
Scope 3 accounts for ••• of total emissions.
Rec's reported carbon emissions
In 2022, REC reported total carbon emissions of approximately 12 billion kg CO2e. This figure encompasses all emissions across Scope 1, 2, and 3, as indicated by the calculated totals. The company has set ambitious targets to reduce greenhouse gas (GHG) intensity by 40% for both Scope 1 and Scope 2 emissions by 2027, using 2021 as the baseline year. REC's emissions data is cascaded from its parent company, REC Solar Pte. Ltd., which is part of a corporate family that includes Reliance Industries Limited. This relationship influences the company's climate commitments and reporting practices. While specific Scope 3 emissions data is currently unavailable, REC is actively working towards enhancing its sustainability initiatives and reducing its carbon footprint in alignment with industry standards. The company’s commitment to reducing GHG intensity reflects a proactive approach to climate action, aiming to contribute positively to global sustainability efforts.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Rec’s Climate Goals (2030 & 2050)
2 goals2027
40% reduction in Scope 1
The Company has a target to reduce the GHG intensity of its production (Scope 1 and 2) by 40% by 2027 with 2021 as the baseline.
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 2 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from Reliance Industries Limited
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Inherited from Reliance Industries LimitedEmissions comparison with industry peers
View similar organisations
Rec
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project