Golden Solar New Energy Technology Holdings Ltd

Common Name
Golden Solar
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
1,130
Ticker
1121
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Golden Solar New Energy Technology Holdings Limited specializes in the manufacturing and sale of solar cells and modules. The company's primary function is to provide innovative solar energy solutions...

Golden Solar's GHG Emissions Data Preview

In 2023, Golden 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) and Scope 2 (indirect emissions from purchased energy).

However, Golden Solar has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Golden 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 Golden Solar’s data sources below and access millions more through our Disclosure Search.

a. Golden Solar's Annual Report 2023
a. Golden Solar's Annual Report 2023
b. Golden Solar's Annual Report 2022
b. Golden Solar's Annual Report 2022

Insights into Golden Solar's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Golden Solar amounted to 17,557.97 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 Golden Solar decreased by 44.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Golden Solar's Scope 1 Emissions Over Time

20212022202305501.1 k1.65 k2.2 ktCO2e-12%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Golden Solar's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Golden Solar were 1,822.98 metric tons of CO₂ equivalent (tCO₂e). a

Has Golden Solar reduced its Scope 1 emissions over time?

Since 2021, Golden Solar's Scope 1 emissions have decreased by 14.24%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Golden Solar's Scope 1 emissions decreased by 2.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Golden Solar's Scope 2 emissions?

In 2023, Golden Solar reported Scope 2 greenhouse gas (GHG) emissions of 15,734.99 tCO₂e without specifying the calculation method. a

Has Golden Solar reduced its Scope 2 emissions over time?

Since 2021, Golden Solar's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 22.84%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Golden Solar's Scope 2 emissions (Unspecified Calculation Method) fell by 46.94% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Golden Solar use for Scope 2 reporting?

In 2023, Golden Solar reported its Scope 2 emissions using an unspecified methodology. a

Golden Solar's Scope 2 Emissions Over Time

20212022202307.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2023, Golden Solar reported Scope 1 greenhouse gas (GHG) emissions of 1,822.98 tCO₂e and total revenues of USD 45 millions. This translates into an emissions intensity of 40.18 tCO₂e per millions USD. a

Golden Solar's Scope 1 Emissions Intensity Compared to Peers

102005,000200,0005,000,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)CSWCLHCZWGChina MeiDong Auto HoldingsYear: 2024Scope 1: 805 tCO2eRevenue: $M 3,315Scope 1 Intensity: 0.24 tCO2e/$MXiabuxiabuYear: 2023Scope 1: 1,846 tCO2eRevenue: $M 909Scope 1 Intensity: 2.03 tCO2e/$MCCChaowei Power HoldingsYear: 2024Scope 1: 72,971 tCO2eRevenue: $M 7,544Scope 1 Intensity: 9.67 tCO2e/$MGoodbaby International HoldingsYear: 2023Scope 1: 2,723 tCO2eRevenue: $M 1,015Scope 1 Intensity: 2.68 tCO2e/$MSSStar Shine Holdings GroupYear: 2023Scope 1: 24,453 tCO2eRevenue: $M 49Scope 1 Intensity: 503.05 tCO2e/$MBaozunYear: 2023Scope 1: 316 tCO2eRevenue: $M 1,240Scope 1 Intensity: 0.25 tCO2e/$MWWWangfujing GroupYear: 2023Scope 1: 114,946 tCO2eRevenue: $M 1,720Scope 1 Intensity: 66.83 tCO2e/$MAtour Lifestyle HoldingsYear: 2023Scope 1: 2,668 tCO2eRevenue: $M 657Scope 1 Intensity: 4.06 tCO2e/$MSAIC MotorYear: 2024Scope 1: 610,000 tCO2eRevenue: $M 85,993Scope 1 Intensity: 7.09 tCO2e/$MCCChina Dongxiang (Group)Year: 2024Scope 1: 15 tCO2eRevenue: $M 264Scope 1 Intensity: 0.06 tCO2e/$MXingda International HoldingsYear: 2023Scope 1: 186,907 tCO2eRevenue: $M 1,768Scope 1 Intensity: 105.70 tCO2e/$MOCT LimitedYear: 2023Scope 1: 8,967 tCO2eRevenue: $M 7,844Scope 1 Intensity: 1.14 tCO2e/$MFuyao Glass Industry GroupYear: 2023Scope 1: 1,030,353 tCO2eRevenue: $M 4,666Scope 1 Intensity: 220.82 tCO2e/$MLLLotus TechnologyYear: 2023Scope 1: 1,073 tCO2eRevenue: $M 679Scope 1 Intensity: 1.58 tCO2e/$MHisense Home Appliances GroupYear: 2023Scope 1: 41,795 tCO2eRevenue: $M 12,044Scope 1 Intensity: 3.47 tCO2e/$MHHHuali Industrial GroupYear: 2023Scope 1: 19,017 tCO2eRevenue: $M 2,830Scope 1 Intensity: 6.72 tCO2e/$MSeres GroupYear: 2024Scope 1: 88,690 tCO2eRevenue: $M 19,892Scope 1 Intensity: 4.46 tCO2e/$MHaidilao International HoldingYear: 2024Scope 1: 118,426 tCO2eRevenue: $M 6,377Scope 1 Intensity: 18.57 tCO2e/$MCCChina Yongda Automobiles Services HoldingsYear: 2024Scope 1: 4,282 tCO2eRevenue: $M 9,487Scope 1 Intensity: 0.45 tCO2e/$MZZZongshenYear: 2023Scope 1: 15,034 tCO2eRevenue: $M 1,147Scope 1 Intensity: 13.11 tCO2e/$M361 Degrees InternationalYear: 2023Scope 1: 7,234 tCO2eRevenue: $M 1,296Scope 1 Intensity: 5.58 tCO2e/$MYoungor FashionYear: 2023Scope 1: 22,576 tCO2eRevenue: $M 1,935Scope 1 Intensity: 11.67 tCO2e/$MLi AutoYear: 2024Scope 1: 64,500 tCO2eRevenue: $M 21,548Scope 1 Intensity: 2.99 tCO2e/$MWWWeichai PowerYear: 2023Scope 1: 188,094 tCO2eRevenue: $M 30,105Scope 1 Intensity: 6.25 tCO2e/$MGGGolden SolarYear: 2023Scope 1: 1,823 tCO2eRevenue: $M 45Scope 1 Intensity: 40.18 tCO2e/$M

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

In 2023, Golden Solar reported a Scope 1 emissions intensity of 40.18 tCO₂e per millions USD. Compared to the peer group median of 5.02 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, Golden Solar ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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