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.
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.
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.
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.
In 2022, REC reported total carbon emissions of approximately 12,000,000,000 kg CO2e. 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. This commitment reflects REC's dedication to improving its environmental performance and aligns with industry standards for climate action. For 2023, REC's Scope 1 emissions intensity was reported at about 7,600 kg CO2e per tonne, indicating a focus on reducing emissions associated with its production processes. The company is a current subsidiary of REC Solar Pte. Ltd., which influences its emissions data and climate initiatives. REC's emissions data cascades from its parent company, with additional initiatives sourced from Reliance Industries Limited, highlighting a corporate commitment to sustainability across its operations. The company is actively working towards its reduction targets, demonstrating a proactive approach to addressing climate change and enhancing its sustainability profile.
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 | - | - | - | - | - | - | - | - |
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.