First Solar Inc

Common Name
First Solar
Country
United States
Sector
Technology
Industry
Solar
Employees
8,100
Ticker
FSLR
Exchange
NASDAQ/NGS
Description
First Solar Inc. is a leading manufacturer and provider of solar energy solutions, specializing in the design and production of photovoltaic (PV) modules. The company's primary purpose is to deliver s...

First Solar's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt (W) of Electricity Produced
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2028
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt (W) of Electricity Produced
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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
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2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into First Solar's Greenhouse Gas Emissions Pathways

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.

Does First Solar have a target to reduce the emissions from its operations?

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.

First Solar's Operational (Scope 1+2) Emissions Pathway

20202023202820500200 k400 k600 k800 kBaselineCurrent (+57%)Target 2028 (-34%)Target 2050 (-95%)

Does First Solar have a target to reduce the emissions from its value chain?

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.

First Solar's Value Chain (Scope 3) Emissions Pathway

20202022205000000Current (+4%)Target 2050 (-97%)
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