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Daqo New Energy Corp

Common Name
Daqo New Energy
Country
China (Mainland)
Sector
Technology
Industry
Semiconductor Equipment & Materials
Employees
4,749
Ticker
DQ
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Daqo New Energy Corp. is a leading high-purity polysilicon manufacturer based in China, primarily serving the solar energy industry. Known for producing top-tier polysilicon, which is a critical raw m...

Daqo New Energy's GHG Emissions Data Preview

In 2023, Daqo New Energy 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) and Scope 2 (indirect emissions from purchased energy).

However, Daqo New Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020-2019
Total Scope 1
289.62a
210.67a
149.33a
Total Scope 2
Unspecified Calculation Method
7,478,904.62a
4,935,014.21a
3,972,020.4a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.1255a
0.0457a
0.089a
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Verified Sources Behind Daqo New Energy’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.

a. Daqo New Energy's ESG Report 2023

Insights into Daqo New Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Daqo New Energy amounted to 7,479,194.24 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Daqo New Energy increased by 51.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Daqo New Energy's Scope 1 Emissions Over Time

202120222023075150225300tCO2e+41%+37%
  • Total Scope 1
  • Year-over-Year Change

What are Daqo New Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Daqo New Energy were 289.62 metric tons of CO₂ equivalent (tCO₂e).a

Has Daqo New Energy reduced its Scope 1 emissions over time?

Since 2021, Daqo New Energy's Scope 1 emissions have increased by 93.95%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2022), Daqo New Energy's Scope 1 emissions increased by 37.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Daqo New Energy's Scope 2 emissions?

In 2023, Daqo New Energy reported Scope 2 greenhouse gas (GHG) emissions of 7,478,904.62 tCO₂e without specifying the calculation method.a

Has Daqo New Energy reduced its Scope 2 emissions over time?

Since 2021, Daqo New Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 88.29%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2022), Daqo New Energy's Scope 2 emissions (Unspecified Calculation Method) rose by 51.55% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Daqo New Energy use for Scope 2 reporting?

In 2023, Daqo New Energy reported its Scope 2 emissions using an unspecified methodology.a

Daqo New Energy's Scope 2 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Daqo New Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Daqo New Energy reported Scope 1 greenhouse gas (GHG) emissions of 289.62 tCO₂e and total revenues of USD 2,308 millions. This translates into an emissions intensity of 0.13 tCO₂e per millions USD.a

Daqo New Energy's Scope 1 Emissions Intensity Compared to Peers

21002,000100,0002,000,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)Faraday TechnologyYear: 2024Scope 1: 264 tCO2eRevenue: $M 338Scope 1 Intensity: 0.78 tCO2e/$MInari AmertronYear: 2023Scope 1: 314 tCO2eRevenue: $M 290Scope 1 Intensity: 1.08 tCO2e/$MGreatek ElectronicsYear: 2023Scope 1: 1,687 tCO2eRevenue: $M 442Scope 1 Intensity: 3.81 tCO2e/$MAxcelis TechnologiesYear: 2023Scope 1: 3,411 tCO2eRevenue: $M 1,131Scope 1 Intensity: 3.02 tCO2e/$MSoitecYear: 2024Scope 1: 4,615 tCO2eRevenue: $M 1,056Scope 1 Intensity: 4.37 tCO2e/$MAixtronYear: 2025Scope 1: 127 tCO2eRevenue: $M 654Scope 1 Intensity: 0.19 tCO2e/$MKulicke and Soffa IndustriesYear: 2023Scope 1: 433 tCO2eRevenue: $M 742Scope 1 Intensity: 0.58 tCO2e/$MCamtekYear: 2024Scope 1: 265 tCO2eRevenue: $M 429Scope 1 Intensity: 0.62 tCO2e/$MFormFactorYear: 2020Scope 1: 6,188 tCO2eRevenue: $M 694Scope 1 Intensity: 8.92 tCO2e/$MBE Semiconductor IndustriesYear: 2025Scope 1: 99 tCO2eRevenue: $M 695Scope 1 Intensity: 0.14 tCO2e/$MSDIYear: 2023Scope 1: 2,237 tCO2eRevenue: $M 354Scope 1 Intensity: 6.32 tCO2e/$MFoxsemicon Integrated TechnologyYear: 2024Scope 1: 459 tCO2eRevenue: $M 502Scope 1 Intensity: 0.91 tCO2e/$MTong HsingYear: 2023Scope 1: 718 tCO2eRevenue: $M 378Scope 1 Intensity: 1.90 tCO2e/$MPanjit InternationalYear: 2023Scope 1: 521 tCO2eRevenue: $M 414Scope 1 Intensity: 1.26 tCO2e/$MSUSS MicroTecYear: 2025Scope 1: 1,289 tCO2eRevenue: $M 591Scope 1 Intensity: 2.18 tCO2e/$MTCL ZhonghuanYear: 2024Scope 1: 51,619 tCO2eRevenue: $M 3,894Scope 1 Intensity: 13.26 tCO2e/$MHangzhou First Applied MaterialYear: 2024Scope 1: 7,952 tCO2eRevenue: $M 2,624Scope 1 Intensity: 3.03 tCO2e/$MLONGi Green Energy TechnologyYear: 2024Scope 1: 85,226 tCO2eRevenue: $M 11,316Scope 1 Intensity: 7.53 tCO2e/$MTCL Technology GroupYear: 2024Scope 1: 751,872 tCO2eRevenue: $M 22,604Scope 1 Intensity: 33.26 tCO2e/$MACM Research ShanghaiYear: 2024Scope 1: 35 tCO2eRevenue: $M 771Scope 1 Intensity: 0.05 tCO2e/$MPiotechYear: 2023Scope 1: 11,415 tCO2eRevenue: $M 381Scope 1 Intensity: 29.99 tCO2e/$MNaura Technology GroupYear: 2024Scope 1: 11,312 tCO2eRevenue: $M 4,121Scope 1 Intensity: 2.75 tCO2e/$MAnji MicroelectronicsYear: 2023Scope 1: 3 tCO2eRevenue: $M 174Scope 1 Intensity: 0.02 tCO2e/$MDaqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.13 tCO2e/$M

How does Daqo New Energy's GHG emissions intensity compare to its peers?

In 2023, Daqo New Energy reported a Scope 1 emissions intensity of 0.13 tCO₂e per millions USD. Compared to the peer group median of 2.18, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Daqo New Energy rank on GHG emissions intensity within its industry?

In 2023, Daqo New Energy ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Daqo New Energy among the top performers, with one of the lowest emissions intensities relative to peers.a

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