Sungrow Power Supply Co., Ltd., commonly known as Sungrow, is a leading player in the solar thermal electricity industry, headquartered in China. Founded in 1997, the company has established a strong presence in major operational regions, including Asia, Europe, and North America. Sungrow is renowned for its innovative solar inverters and energy storage solutions, which are designed to enhance the efficiency and reliability of solar power systems.
With a commitment to sustainability, Sungrow has achieved significant milestones, including the development of cutting-edge technologies that set it apart from competitors. The company’s core products, such as its high-performance inverters, are distinguished by their advanced features and robust performance. Sungrow's market position is bolstered by its extensive research and development efforts, making it a trusted name in the renewable energy sector.
+7 vs industry average
Sungrow’s score of 17 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Solar Thermal Electricity is among the most carbon-intensive industries
Industry performance
The Solar Thermal Electricity industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sungrow's reported carbon emissions
Sungrow, headquartered in China and operating in the electricity by solar thermal industry, reported Scope 1 and 2 emissions of approximately 41.76 million kg CO2e in 2023. This represented a reduction of about 1.50 million kg CO2e compared to 2022. In line with its climate commitments, Sungrow has set targets to reduce energy consumption per unit of product production. By 2025, the company aims for at least a 10% reduction in energy consumption per unit of product production compared to 2020 levels, encompassing both Scope 1 and Scope 2. For 2024, Sungrow reported Scope 1 and 2 emissions of approximately 3.10 million kg CO2e. In 2025, Scope 1 and 2 emissions are projected to be around 2.80 million kg CO2e. Previous emissions data includes: * **2022:** Scope 1 emissions were approximately 3.46 million kg CO2e, and Scope 2 emissions were approximately 39.80 million kg CO2e. * **2021:** Scope 1 emissions were approximately 2.32 million kg CO2e, and Scope 2 emissions were approximately 35.91 million kg CO2e, leading to combined Scope 1 and 2 emissions of about 38.23 million kg CO2e. * **2020:** Scope 1 emissions were approximately 1.14 million kg CO2e, and Scope 2 emissions were approximately 27.59 million kg CO2e, totalling around 28.72 million kg CO2e. * **2019:** No specific emissions data was disclosed for this year. Sungrow's climate initiatives indicate a focus on absolute emission reductions and intensity improvements within its operations. The company's sustainability reports are the primary source for this disclosed information.
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Sungrow’s Climate Goals (2030 & 2050)
4 goals2023
3.5% reduction in Scope 2
The greenhouse gas emissions (scope 1 + scope 2) were lowered to 41,755 tons of CO2 equivalent in 2023, down by 1,502 tons of CO2 equivalent…
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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