In 2024, First 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).
However, First Solar has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 16,593a | 11,638a | 7,690c | |
Total Scope 2 | ||||
Market-Based | 919,451a | 776,502a | 563,652c | |
Location-Based | 931,879a | 793,171a | 605,714c | |
Total Scope 3 | 4,401,699a | 3,660,151a | 2,679,637d | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.9448a | 3.5069a | 2.9359c |
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In 2024, the total operational greenhouse gas (GHG) emissions of First Solar amounted to 948,472 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 2023, the total operational greenhouse gas (GHG) emissions of First Solar increased by 17.85%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of First Solar were 16,593 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, First Solar's Scope 1 emissions have decreased by 37.43%, reflecting a declining long-term trend in Scope 1 emissions over time.af
Compared to the previous year (2023), First Solar's Scope 1 emissions increased by 42.58%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, First Solar reported Scope 2 greenhouse gas (GHG) emissions of 919,451 tCO₂e using the market-based method and 931,879 tCO₂e using the location-based method.a
Since 2019, First Solar's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 69.15%, reflecting a rising long-term trend in Scope 2 emissions over time.ae
Compared to the previous year (2023), First Solar's Scope 2 emissions (Location-Based) rose by 17.49% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, First Solar reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, First Solar reported 4,401,699 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of First Solar includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, First Solar reported total Scope 3 emissions of 4,401,699 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, First Solar's Scope 3 emissions have increased by 162.37%, reflecting a rising long-term trend in Scope 3 emissions over time.af
Compared to the previous year (2023), First Solar's Scope 3 emissions increased by 20.26%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, First Solar reported Scope 1 greenhouse gas (GHG) emissions of 16,593 tCO₂e and total revenues of USD 4,206 millions. This translates into an emissions intensity of 3.94 tCO₂e per millions USD.a
In 2024, First Solar reported a Scope 1 emissions intensity of 3.94 tCO₂e per millions USD. Compared to the peer group median of 2.44, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, First Solar ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
First Solar is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, First Solar reported a total carbon footprint of 5,350,171 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.83% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to First Solar's total carbon footprint was Scope 3 emissions, accounting for 82.27% of the company's total carbon footprint, followed by Scope 2 emissions at 17.42%.a