REC

Sustainability Report and Carbon Intensity Rankings

Is REC doing their part?

Their DitchCarbon score is 39

REC has a DitchCarbon Score of 39 out of 100, indicating room for improvement in its sustainability practices. This score reflects a higher carbon intensity compared to more sustainable companies. Efforts to reduce emissions and enhance sustainability measures would help increase REC’s score.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

REC is a company in the energy generation and distribution industry, which has a carbon intensity ranking of low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The company is located in Western Australia, which has a very low carbon intensity rating, indicating a cleaner energy grid. This regional advantage supports the company’s sustainability efforts by reducing the carbon footprint associated with their energy consumption.
8.56%

...this company is doing 8.56% better in emissions than the industry average.

Founded in 1996 in Norway, REC operates in the energy generation and distribution industry, specializing in solar energy. As a leading vertically integrated solar company, REC manufactures everything from silicon to wafers and cells, to high-quality solar panels, and offers comprehensive solar solutions. With its operational headquarters in Singapore, REC is known for its exceptional product quality and has a global workforce of over 2,000 employees.

Good news, REC has set strong SBTi climate action commitments

REC has committed to significantly reducing its greenhouse gas emissions from company operations, aligning with the ambitious goal of limiting global warming to 1.5°C. Additionally, the company has set a renewable energy procurement target for its scope 2 emissions, reinforcing its dedication to the same stringent temperature threshold.

There’s always room for improvement,

DitchCarbon recommends...

The company could reduce its scope 1 emissions by 15% by investing in cleaner and more efficient machinery and equipment to enhance operational efficiency.
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✓ Peer group, recommended actions, historical reports, data sources

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✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.