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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 GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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a
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a
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c
0000000
Total Scope 2
Market-Based
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a
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a
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c
0000000
Location-Based
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a
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a
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c
0000000
Total Scope 3
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a
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a
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d
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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c
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=FSLR&reporting_period=2024"

Verified Sources Behind First 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 First Solar’s data sources below and access millions more through our Disclosure Search.

a. First Solar's CSR Report 2025
a. First Solar's CSR Report 2025
b. First Solar's CDP Report sourced from company’s website 2024
b. First Solar's CDP Report sourced from company’s website 2024
c. First Solar's Sustainability Report 2024
c. First Solar's Sustainability Report 2024
d. First Solar's CDP Climate sourced from company’s website 2023
d. First Solar's CDP Climate sourced from company’s website 2023
e. First Solar's CDP Climate sourced from company’s website 2020
e. First Solar's CDP Climate sourced from company’s website 2020
f. First Solar's Sustainability Report 2021
f. First Solar's Sustainability Report 2021

Insights into First Solar's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFirst Solar amounted to948,472metric 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 Solarincreased by 17.85%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

First Solar's Scope 1 Emissions Over Time

20192020202120222023202407 k14 k21 k28 ktCO2e-73%+21%-10%+51%+43%
  • Total Scope 1
  • Year-over-Year Change

What are First Solar's Scope 1 emissions?

In 2024, the total Scope 1 emissions of First Solar were 16,593 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has First Solar reduced its Scope 1 emissions over time?

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

What are First Solar's Scope 2 emissions?

In 2024, First Solar reported Scope 2 greenhouse gas (GHG) emissions of 919,451 tCOâ‚‚e using the market-based method and 931,879 tCOâ‚‚e using the location-based method.a

Has First Solar reduced its Scope 2 emissions over time?

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

What methodology does First Solar use for Scope 2 reporting?

In 2024, First Solar reported its Scope 2 emissions using the market-based method and using the location-based method.a

First Solar's Scope 2 Emissions Over Time

2019202020212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into First Solar's Value Chain Emissions

In 2024, First Solar reported 4,401,699 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 First Solar includes a breakdown across 0of 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

First Solar's Scope 3 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e-4%+33%+25%+37%+20%
  • Total Scope 3
  • Year-over-Year Change

What are First Solar's Scope 3 emissions?

In 2024, First Solar reported total Scope 3 emissions of 4,401,699 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has First Solar reduced its Scope 3 emissions over time?

Since 2019, First Solar's Scope 3 emissionshave 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

Insights into First Solar’s GHG Emissions Intensity Compared to Industry Peers

In 2024, First Solar reported Scope 1 greenhouse gas (GHG) emissions of 16,593 tCOâ‚‚e and total revenues of USD 4,206 millions. This translates into an emissions intensity of 3.94 tCOâ‚‚e per millions USD.a

First Solar's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)2001,0002,0005,00010,000Revenues (Millions of USD)Pure StorageYear: 2024Scope 1: 842 tCO2eRevenue: $M 3,168Scope 1 Intensity: 0.27 tCO2e/$MEntegrisYear: 2024Scope 1: 25,122 tCO2eRevenue: $M 3,241Scope 1 Intensity: 7.75 tCO2e/$MZoom CommunicationsYear: 2024Scope 1: 59 tCO2eRevenue: $M 4,683Scope 1 Intensity: 0.01 tCO2e/$MUnity SoftwareYear: 2024Scope 1: 493 tCO2eRevenue: $M 1,813Scope 1 Intensity: 0.27 tCO2e/$MDynatraceYear: 2024Scope 1: 294 tCO2eRevenue: $M 1,431Scope 1 Intensity: 0.21 tCO2e/$MTyler TechnologiesYear: 2024Scope 1: 2,226 tCO2eRevenue: $M 2,138Scope 1 Intensity: 1.04 tCO2e/$MPegasystemsYear: 2024Scope 1: 61 tCO2eRevenue: $M 1,499Scope 1 Intensity: 0.04 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MDayforceYear: 2024Scope 1: 230 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.13 tCO2e/$MGen DigitalYear: 2025Scope 1: 414 tCO2eRevenue: $M 3,935Scope 1 Intensity: 0.11 tCO2e/$MTrimbleYear: 2024Scope 1: 2,648 tCO2eRevenue: $M 3,683Scope 1 Intensity: 0.72 tCO2e/$MMKSYear: 2024Scope 1: 7,254 tCO2eRevenue: $M 3,586Scope 1 Intensity: 2.02 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MF5Year: 2024Scope 1: 872 tCO2eRevenue: $M 2,817Scope 1 Intensity: 0.31 tCO2e/$MNextpowerYear: 2025Scope 1: 293 tCO2eRevenue: $M 2,960Scope 1 Intensity: 0.10 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MKeysight TechnologiesYear: 2024Scope 1: 13,298 tCO2eRevenue: $M 4,979Scope 1 Intensity: 2.67 tCO2e/$MPTCYear: 2024Scope 1: 963 tCO2eRevenue: $M 2,298Scope 1 Intensity: 0.42 tCO2e/$MTwilioYear: 2024Scope 1: 709 tCO2eRevenue: $M 4,459Scope 1 Intensity: 0.16 tCO2e/$MSunrunYear: 2024Scope 1: 44,000 tCO2eRevenue: $M 2,038Scope 1 Intensity: 21.59 tCO2e/$MFirst SolarYear: 2024Scope 1: 16,593 tCO2eRevenue: $M 4,206Scope 1 Intensity: 3.94 tCO2e/$M

How does First Solar's GHG emissions intensity compare to its peers?

In 2024, First Solar reported a Scope 1 emissions intensity of 3.94 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.24, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does First Solar rank on GHG emissions intensity within its industry?

In 2024, First Solar ranked 19 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places First Solar among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into First Solar's Total Carbon Footprint

In 2024, First Solar reported a total carbon footprint of 5,350,171 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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