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Canadian Solar Inc
Canadian Solar's GHG Emissions Data Preview
In 2024, Canadian Solar completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Canadian Solar has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Canadian Solar’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Canadian Solar’s data sources below and access millions more through our Disclosure Search.
Insights into Canadian Solar's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCanadian Solar amounted to1,805,623metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Canadian Solarincreased by 0.92%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Canadian Solar's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Canadian Solar's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Canadian Solar were 16,864 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Canadian Solar reduced its Scope 1 emissions over time?
Since 2021, Canadian Solar's Scope 1 emissions have decreased by 62.91%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Canadian Solar's Scope 1 emissions decreased by 69.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Canadian Solar's Scope 2 emissions?
In 2024, Canadian Solar reported Scope 2 greenhouse gas (GHG) emissions of 1,576,842 tCOâ‚‚e using the market-based method and 1,788,759 tCOâ‚‚e using the location-based method.a
Has Canadian Solar reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Canadian Solar's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Canadian Solar's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Canadian Solar use for Scope 2 reporting?
In 2024, Canadian Solar reported its Scope 2 emissions using the market-based method and using the location-based method.a
Canadian Solar's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Canadian Solar's Value Chain Emissions
In 2024, Canadian Solar reported 27,324,256 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Canadian Solar includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Canadian Solar's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Canadian Solar's Scope 3 emissions?
In 2024, Canadian Solar reported total Scope 3 emissions of 27,324,256 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 97.84%of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.16%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Canadian Solar reduced its Scope 3 emissions over time?
Since 2021, Canadian Solar's Scope 3 emissionshave increased by 11,963.05%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Canadian Solar's Scope 3 emissions increased by 24.35%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Canadian Solar disclose?
In 2024, Canadian Solar reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Canadian Solar's Scope 3 emissions?
In 2024, the largest contributors to Canadian Solar's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 25,183,471 tCOâ‚‚e(92.17%)
- Upstream Transportation and Distribution (Cat. 4): 1,075,881 tCOâ‚‚e(3.94%)
- End-of-Life Treatment of Sold Products (Cat. 12): 575,537 tCOâ‚‚e(2.11%)
Canadian Solar's Scope 3 Emissions by Categories
Insights into Canadian Solar’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Canadian Solar reported Scope 1 greenhouse gas (GHG) emissions of 16,864 tCOâ‚‚e and total revenues of USD 5,993 millions. This translates into an emissions intensity of 2.81 tCOâ‚‚e per millions USD.a
Canadian Solar's Scope 1 Emissions Intensity Compared to Peers
How does Canadian Solar's GHG emissions intensity compare to its peers?
In 2024, Canadian Solar reported a Scope 1 emissions intensity of 2.81 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.86, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Canadian Solar rank on GHG emissions intensity within its industry?
In 2024, Canadian Solar ranked 10 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Canadian Solar is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Canadian Solar's Total Carbon Footprint
In 2024, Canadian Solar reported a total carbon footprint of 29,129,879 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.58% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Canadian Solar's total carbon footprint was Scope 3 emissions, accounting for 93.8% of the company's total carbon footprint, followed by Scope 2 emissions at 6.14%.a