Rec

REC's carbon emissions and climate commitments:

REC, headquartered in Singapore and operating in the electricity sector, has demonstrated a commitment to reducing its environmental impact. For the reporting year 2022, REC reported total emissions of approximately 12 billion kg CO2e. In 2020, the company's emissions were approximately 7,977,702 kg CO2e, comprising about 4,262,613 kg CO2e of Scope 1 emissions and approximately 3,715,089 kg CO2e of Scope 2 emissions. Earlier data from 2019 shows Scope 1 emissions of about 19,229 kg CO2e and Scope 2 emissions of approximately 4,432,978 kg CO2e. In 2018, Scope 1 emissions were approximately 15,424 kg CO2e and Scope 2 emissions were around 4,028,891 kg CO2e. Emissions for 2017 were about 15,313 kg CO2e (Scope 1) and 3,674,867 kg CO2e (Scope 2). In 2016, REC reported Scope 1 emissions of approximately 9,251 kg CO2e and Scope 2 emissions of about 3,224,210 kg CO2e. Prior to that, in 2015, Scope 1 emissions were approximately 12,992 kg CO2e, with Scope 2 emissions totalling around 2,914,137 kg CO2e. In 2014, Scope 1 emissions were about 5,946 kg CO2e and Scope 2 emissions were approximately 2,690,544 kg CO2e. In 2013, Scope 1 emissions stood at approximately 2,801 kg CO2e, and Scope 2 emissions were about 1,498,765 kg CO2e.

REC has set ambitious reduction targets, aiming to decrease the GHG intensity of its production (Scope 1 and 2) by 40% by 2027, using 2021 as a baseline year.

It is important to note that REC's emissions data is cascaded, as it is a current subsidiary of REC Solar Pte. Ltd. This indicates that some reporting may be inherited from its corporate family structure.