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Golden Solar New Energy Technology Holdings Ltd

Common Name
Golden Solar
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
980
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)2023202220212020-2019
Total Scope 1
1,822.98a
1,866.09a
2,125.64b
Total Scope 2
Unspecified Calculation Method
15,734.99a
29,655.98a
12,809.84b
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
43.8666a
47.3746a
43.2042b
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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.

a. Golden Solar's Annual Report 2023
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.ab

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.ab

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 42 millions. This translates into an emissions intensity of 43.87 tCO₂e per millions USD.a

Golden Solar's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)Relaxo FootwearsYear: 2024Scope 1: 11,625 tCO2eRevenue: $M 349Scope 1 Intensity: 33.33 tCO2e/$MDr MartensYear: 2025Scope 1: 750 tCO2eRevenue: $M 1,019Scope 1 Intensity: 0.74 tCO2e/$MBata IndiaYear: 2024Scope 1: 485 tCO2eRevenue: $M 417Scope 1 Intensity: 1.16 tCO2e/$MLai Yih FootwearYear: 2024Scope 1: 13,069 tCO2eRevenue: $M 1,150Scope 1 Intensity: 11.36 tCO2e/$MAlpargatasYear: 2023Scope 1: 16,673 tCO2eRevenue: $M 770Scope 1 Intensity: 21.66 tCO2e/$MStella International HoldingsYear: 2024Scope 1: 13,998 tCO2eRevenue: $M 1,545Scope 1 Intensity: 9.06 tCO2e/$MCitizen WatchYear: 2025Scope 1: 16,614 tCO2eRevenue: $M 2,113Scope 1 Intensity: 7.86 tCO2e/$MFeng Tay EnterprisesYear: 2024Scope 1: 19,400 tCO2eRevenue: $M 2,671Scope 1 Intensity: 7.26 tCO2e/$MPou ChenYear: 2024Scope 1: 71,035 tCO2eRevenue: $M 8,053Scope 1 Intensity: 8.82 tCO2e/$MSteven MaddenYear: 2024Scope 1: 1,272 tCO2eRevenue: $M 2,283Scope 1 Intensity: 0.56 tCO2e/$MYue YuenYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 8,182Scope 1 Intensity: 8.68 tCO2e/$MSamsonite GroupYear: 2024Scope 1: 2,659 tCO2eRevenue: $M 3,588Scope 1 Intensity: 0.74 tCO2e/$MPumaYear: 2025Scope 1: 4,691 tCO2eRevenue: $M 8,577Scope 1 Intensity: 0.55 tCO2e/$MCrocsYear: 2024Scope 1: 4,098 tCO2eRevenue: $M 4,102Scope 1 Intensity: 1.00 tCO2e/$MOn HoldingYear: 2024Scope 1: 1,071 tCO2eRevenue: $M 2,560Scope 1 Intensity: 0.42 tCO2e/$MDeckers OutdoorYear: 2025Scope 1: 1,808 tCO2eRevenue: $M 4,986Scope 1 Intensity: 0.36 tCO2e/$MAsicsYear: 2024Scope 1: 3,262 tCO2eRevenue: $M 4,322Scope 1 Intensity: 0.75 tCO2e/$MAdidasYear: 2025Scope 1: 20,839 tCO2eRevenue: $M 29,170Scope 1 Intensity: 0.71 tCO2e/$MNikeYear: 2024Scope 1: 57,390 tCO2eRevenue: $M 51,360Scope 1 Intensity: 1.12 tCO2e/$MSanofiYear: 2024Scope 1: 298,485 tCO2eRevenue: $M 46,085Scope 1 Intensity: 6.48 tCO2e/$MDelta Plus GroupYear: 2023Scope 1: 653 tCO2eRevenue: $M 465Scope 1 Intensity: 1.40 tCO2e/$MStar Shine Holdings GroupYear: 2024Scope 1: 27,023 tCO2eRevenue: $M 80Scope 1 Intensity: 337.39 tCO2e/$M361 Degrees InternationalYear: 2024Scope 1: 7,476 tCO2eRevenue: $M 1,380Scope 1 Intensity: 5.42 tCO2e/$MHuali Industrial GroupYear: 2024Scope 1: 30,049 tCO2eRevenue: $M 3,289Scope 1 Intensity: 9.14 tCO2e/$MZhejiang China Commodities City GroupYear: 2024Scope 1: 2,959 tCO2eRevenue: $M 2,156Scope 1 Intensity: 1.37 tCO2e/$MGolden SolarYear: 2023Scope 1: 1,823 tCO2eRevenue: $M 42Scope 1 Intensity: 43.87 tCO2e/$M

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

In 2023, Golden Solar reported a Scope 1 emissions intensity of 43.87 tCO₂e per millions USD. Compared to the peer group median of 1.4, 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 25 out of 25 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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