As of 2024, First Solar has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 3 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into First Solar ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2028 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2050 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt (W) of Electricity Produced | Copy restricted. Please purchase to unlock this data. | 2028 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt (W) of Electricity Produced | Copy restricted. Please purchase to unlock this data. | 2028 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt (W) of Electricity Produced | Copy restricted. Please purchase to unlock this data. | 2050 |
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As of 2024, First Solar has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2024, First Solar has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
First Solar's most ambitious operational target is to reduce these emissions by 95% by 2050, compared to a baseline of 502,271 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
Instead of reducing operational emissions, First Solar has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.
As of 2024, First Solar has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
First Solar's most ambitious value chain target is to reduce these emissions by 97% by 2050, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt (W) of Electricity Produced in 2020.
Instead of reducing value chain emissions, First Solar has increased them, with 2022 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.