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 2023, 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).

First Solar has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
d
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
e
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
e
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
Copy restricted. Please purchase to unlock this data.
d
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
d
0000000
Download Data

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 CDP Report sourced from company’s website 2024
a. First Solar's CDP Report sourced from company’s website 2024
b. First Solar's Sustainability Report 2024
b. First Solar's Sustainability Report 2024
c. First Solar's CDP Climate sourced from company’s website 2023
c. First Solar's CDP Climate sourced from company’s website 2023
d. First Solar's Sustainability Report 2023
d. First Solar's Sustainability Report 2023
e. First Solar's CDP Climate sourced from company’s website 2022
e. First Solar's CDP Climate sourced from company’s website 2022
f. First Solar's CDP Climate sourced from company’s website 2019
f. First Solar's CDP Climate sourced from company’s website 2019
g. First Solar's Sustainability Report 2020
g. First Solar's Sustainability Report 2020

Insights into First Solar's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of First Solar amounted to 804,809 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 First Solar increased by 31.2%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

First Solar's Scope 1 Emissions Over Time

20182019202020212022202307 k14 k21 k28 ktCO2e+19%-73%+21%-10%+51%
  • Total Scope 1
  • Year-over-Year Change

What are First Solar's Scope 1 emissions?

In 2023, the total Scope 1 emissions of First Solar were 11,638 metric tons of CO₂ equivalent (tCO₂e). a

Has First Solar reduced its Scope 1 emissions over time?

Since 2018, First Solar's Scope 1 emissions have decreased by 47.58%, reflecting a declining long-term trend in Scope 1 emissions over time. a g

Compared to the previous year (2022), First Solar's Scope 1 emissions increased by 51.34%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are First Solar's Scope 2 emissions?

In 2023, First Solar reported Scope 2 greenhouse gas (GHG) emissions of 776,502 tCO₂e using the market-based method and 793,171 tCO₂e using the location-based method. a

Has First Solar reduced its Scope 2 emissions over time?

Since 2018, First Solar's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 85.37%, reflecting a rising long-term trend in Scope 2 emissions over time. a f

Compared to the previous year (2022), First Solar's Scope 2 emissions (Location-Based) rose by 30.95% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does First Solar use for Scope 2 reporting?

In 2023, 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

2018201920202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into First Solar's Value Chain Emissions

In 2023, First Solar reported 3,660,151 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. b

The 2023 disclosure of First Solar includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, down from 12 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. b

First Solar's Scope 3 Emissions Over Time

2018201920202021202220230950 k1.9 M2.85 M3.8 MtCO2e+66%-4%+33%+25%+37%
  • Total Scope 3
  • Year-over-Year Change

What are First Solar's Scope 3 emissions?

In 2023, First Solar reported total Scope 3 emissions of 3,660,151 metric tons of CO₂ equivalent (tCO₂e). b

Approximately 99.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.02% came from downstream activities like product use, distribution, and end-of-life treatment. b

Has First Solar reduced its Scope 3 emissions over time?

Since 2018, First Solar's Scope 3 emissions have increased by 261.21%, reflecting a rising long-term trend in Scope 3 emissions over time. b g

Compared to the previous year (2022), First Solar's Scope 3 emissions increased by 36.59%, suggesting that the company faced challenges in reducing emissions across its value chain. b c

What categories of Scope 3 emissions does First Solar disclose?

In 2023, First Solar reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of First Solar's Scope 3 emissions?

In 2023, the largest contributors to First Solar's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 2,347,907 tCO₂e (64.15%)
  • Capital Goods (Cat. 2): 983,001 tCO₂e (26.86%)
  • Fuel- and Energy-Related Services (Cat. 3): 180,097 tCO₂e (4.92%)

First Solar's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(4.9%)Purchased Goods andServices (Cat. 1)(64.1%)Capital Goods(Cat. 2)(26.9%)

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

In 2023, First Solar reported Scope 1 greenhouse gas (GHG) emissions of 11,638 tCO₂e and total revenues of USD 3,319 millions. This translates into an emissions intensity of 3.51 tCO₂e per millions USD. a

First Solar's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)2001,0002,0005,00020,000Revenues (Millions of USD)Paylocity HoldingYear: 2025Scope 1: 79 tCO2eRevenue: $M 1,596Scope 1 Intensity: 0.05 tCO2e/$MEntegrisYear: 2024Scope 1: 25,122 tCO2eRevenue: $M 3,241Scope 1 Intensity: 7.75 tCO2e/$MTeradyneYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 2,676Scope 1 Intensity: 1.47 tCO2e/$MUnity SoftwareYear: 2024Scope 1: 493 tCO2eRevenue: $M 1,813Scope 1 Intensity: 0.27 tCO2e/$MDynatraceYear: 2023Scope 1: 266 tCO2eRevenue: $M 1,159Scope 1 Intensity: 0.23 tCO2e/$MPegasystemsYear: 2023Scope 1: 49 tCO2eRevenue: $M 1,432Scope 1 Intensity: 0.03 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MDayforceYear: 2023Scope 1: 265 tCO2eRevenue: $M 1,513Scope 1 Intensity: 0.18 tCO2e/$MGen DigitalYear: 2024Scope 1: 423 tCO2eRevenue: $M 3,811Scope 1 Intensity: 0.11 tCO2e/$MPaycom SoftwareYear: 2024Scope 1: 558 tCO2eRevenue: $M 1,883Scope 1 Intensity: 0.30 tCO2e/$MTrimbleYear: 2023Scope 1: 4,000 tCO2eRevenue: $M 3,799Scope 1 Intensity: 1.05 tCO2e/$MMKSYear: 2024Scope 1: 7,254 tCO2eRevenue: $M 3,586Scope 1 Intensity: 2.02 tCO2e/$MSkyworks SolutionsYear: 2023Scope 1: 29,692 tCO2eRevenue: $M 4,772Scope 1 Intensity: 6.22 tCO2e/$MQorvoYear: 2024Scope 1: 107,584 tCO2eRevenue: $M 3,770Scope 1 Intensity: 28.54 tCO2e/$MF5Year: 2023Scope 1: 781 tCO2eRevenue: $M 2,813Scope 1 Intensity: 0.28 tCO2e/$MNextrackerYear: 2023Scope 1: 224 tCO2eRevenue: $M 1,902Scope 1 Intensity: 0.12 tCO2e/$MKeysight TechnologiesYear: 2023Scope 1: 16,161 tCO2eRevenue: $M 5,464Scope 1 Intensity: 2.96 tCO2e/$MBroadridge Financial SolutionsYear: 2024Scope 1: 12,150 tCO2eRevenue: $M 6,507Scope 1 Intensity: 1.87 tCO2e/$MWorkdayYear: 2024Scope 1: 2,752 tCO2eRevenue: $M 8,447Scope 1 Intensity: 0.33 tCO2e/$MMarvell TechnologyYear: 2023Scope 1: 4,645 tCO2eRevenue: $M 5,507Scope 1 Intensity: 0.84 tCO2e/$MSunrunYear: 2024Scope 1: 44,000 tCO2eRevenue: $M 2,038Scope 1 Intensity: 21.59 tCO2e/$MFirst SolarYear: 2023Scope 1: 11,638 tCO2eRevenue: $M 3,319Scope 1 Intensity: 3.51 tCO2e/$M

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

In 2023, First Solar reported a Scope 1 emissions intensity of 3.51 tCO₂e per millions USD. Compared to the peer group median of 0.33 , 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 2023, First Solar ranked 18 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, First Solar reported a total carbon footprint of 4,464,960 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35.59% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b c

The largest contributor to First Solar's total carbon footprint was Scope 3 emissions, accounting for 81.98% of the company's total carbon footprint, followed by Scope 2 emissions at 17.76%. a b

Want Full Access to First Solar's GHG Emissions Dataset?
Sign Up