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Jinko Solar Co Ltd

Common Name
Jinko Solar
Country
China (Mainland)
Sector
Technology
Industry
Solar
Employees
33,809
Ticker
688223
Exchange
SHANGHAI STOCK EXCHANGE
Description
Jinko Solar Co., Ltd. is a leading global manufacturer of photovoltaic products utilized for solar power generation. Its core business encompasses the development, production, and marketing of silicon...

Jinko Solar's GHG Emissions Data Preview

In 2024, Jinko 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).

Jinko Solar has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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b
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0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Jinko 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 Jinko Solar’s data sources below and access millions more through our Disclosure Search.

a. Jinko Solar's TNFD Report 2024
a. Jinko Solar's TNFD Report 2024
b. Jinko Solar's ESG Report 2024
b. Jinko Solar's ESG Report 2024
c. Jinko Solar's ESG Report 2023
c. Jinko Solar's ESG Report 2023

Insights into Jinko Solar's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofJinko Solar amounted to4,998,500metric 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 Jinko Solardecreased by 3.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Jinko Solar's Scope 1 Emissions Over Time

20202021202220232024035 k70 k105 k140 ktCO2e+40%+56%+74%+33%
  • Total Scope 1
  • Year-over-Year Change

What are Jinko Solar's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Jinko Solar were 138,400 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Jinko Solar reduced its Scope 1 emissions over time?

Since 2020, Jinko Solar's Scope 1 emissions have increased by 403.27%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Jinko Solar's Scope 1 emissions increased by 33.08%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Jinko Solar's Scope 2 emissions?

In 2024, Jinko Solar reported Scope 2 greenhouse gas (GHG) emissions of 4,314,000 tCOâ‚‚e using the market-based method and 4,860,100 tCOâ‚‚e using the location-based method.ab

Has Jinko Solar reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Jinko Solar's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Jinko Solar's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Jinko Solar use for Scope 2 reporting?

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

Jinko Solar's Scope 2 Emissions Over Time

2020202120222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Jinko Solar's Value Chain Emissions

In 2024, Jinko Solar reported 28,311,300 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 Jinko Solar includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Jinko Solar's Scope 3 Emissions Over Time

202120222023202407.5 M15 M22.5 M30 MtCO2e+42%+72%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Jinko Solar's Scope 3 emissions?

In 2024, Jinko Solar reported total Scope 3 emissions of 28,311,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.9%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.1%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Jinko Solar's Scope 3 emissions remained relatively stable, indicating that Jinko Solar's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Jinko Solar disclose?

In 2024, Jinko Solar reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.ab

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2024, the largest contributors to Jinko Solar's Scope 3 emissions were:ab

  • Purchased Goods and Services (Cat. 1): 25,633,900 tCOâ‚‚e(90.54%)
  • Upstream Transportation and Distribution (Cat. 4): 911,700 tCOâ‚‚e(3.22%)
  • Downstream Transportation and Distribution (Cat. 9): 724,600 tCOâ‚‚e(2.56%)

Jinko Solar's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(90.5%)UpstreamTransportation andDistribution(Cat. 4)(3.2%)DownstreamTransportation andDistribution(Cat. 9)(2.6%)

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

In 2024, Jinko Solar reported Scope 1 greenhouse gas (GHG) emissions of 138,400 tCOâ‚‚e and total revenues of USD 12,671 millions. This translates into an emissions intensity of 10.92 tCOâ‚‚e per millions USD.a

Jinko Solar's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00020,000,000Scope 1 Emissions (tCO2e)5001,0005,00020,00050,000Revenues (Millions of USD)TTHITXTTTCL ZhonghuanYear: 2024Scope 1: 51,619 tCO2eRevenue: $M 3,894Scope 1 Intensity: 13.26 tCO2e/$MTrina SolarYear: 2024Scope 1: 79,400 tCO2eRevenue: $M 11,000Scope 1 Intensity: 7.22 tCO2e/$MQuectel Wireless SolutionsYear: 2024Scope 1: 39 tCO2eRevenue: $M 2,553Scope 1 Intensity: 0.02 tCO2e/$MFiberhome Telecommunication TechnologiesYear: 2024Scope 1: 17,994 tCO2eRevenue: $M 3,912Scope 1 Intensity: 4.60 tCO2e/$MUniversal Scientific Industrial ShanghaiYear: 2024Scope 1: 4,477 tCO2eRevenue: $M 8,317Scope 1 Intensity: 0.54 tCO2e/$MTTTianma MicroelectronicsYear: 2024Scope 1: 348,470 tCO2eRevenue: $M 4,589Scope 1 Intensity: 75.93 tCO2e/$MiSoftStoneYear: 2024Scope 1: 4,473 tCO2eRevenue: $M 4,291Scope 1 Intensity: 1.04 tCO2e/$MCVTEYear: 2024Scope 1: 2,210 tCO2eRevenue: $M 3,069Scope 1 Intensity: 0.72 tCO2e/$MShanghai Aiko Solar EnergyYear: 2024Scope 1: 1,807 tCO2eRevenue: $M 1,528Scope 1 Intensity: 1.18 tCO2e/$MGCL SIYear: 2024Scope 1: 1,296 tCO2eRevenue: $M 2,225Scope 1 Intensity: 0.58 tCO2e/$MHHHisense Visual TechnologyYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 8,018Scope 1 Intensity: 0.19 tCO2e/$MAAC Technologies HoldingsYear: 2024Scope 1: 8,766 tCO2eRevenue: $M 4,076Scope 1 Intensity: 2.15 tCO2e/$MWingtech TechnologyYear: 2024Scope 1: 110,864 tCO2eRevenue: $M 10,085Scope 1 Intensity: 10.99 tCO2e/$MTongweiYear: 2024Scope 1: 2,312,906 tCO2eRevenue: $M 12,605Scope 1 Intensity: 183.49 tCO2e/$MIIIEIT SYSTEMSYear: 2024Scope 1: 59 tCO2eRevenue: $M 15,558Scope 1 Intensity: 0.00 tCO2e/$MHuaqin TechnologyYear: 2024Scope 1: 7,316 tCO2eRevenue: $M 15,057Scope 1 Intensity: 0.49 tCO2e/$MFlat Glass GroupYear: 2024Scope 1: 4,547,423 tCO2eRevenue: $M 2,560Scope 1 Intensity: 1,776.39 tCO2e/$MShanghai Baosight SoftwareYear: 2024Scope 1: 189 tCO2eRevenue: $M 1,870Scope 1 Intensity: 0.10 tCO2e/$MTTTCL Technology GroupYear: 2024Scope 1: 751,872 tCO2eRevenue: $M 22,604Scope 1 Intensity: 33.26 tCO2e/$MXXXinte EnergyYear: 2024Scope 1: 4,822,141 tCO2eRevenue: $M 3,179Scope 1 Intensity: 1,516.88 tCO2e/$MYOFCYear: 2024Scope 1: 36,012 tCO2eRevenue: $M 1,671Scope 1 Intensity: 21.55 tCO2e/$MJA Solar TechnologyYear: 2024Scope 1: 107,171 tCO2eRevenue: $M 9,608Scope 1 Intensity: 11.15 tCO2e/$MRisen EnergyYear: 2024Scope 1: 38,352 tCO2eRevenue: $M 2,773Scope 1 Intensity: 13.83 tCO2e/$MXinyi Solar HoldingsYear: 2024Scope 1: 5,432,651 tCO2eRevenue: $M 3,073Scope 1 Intensity: 1,768.00 tCO2e/$MJinko SolarYear: 2024Scope 1: 138,400 tCO2eRevenue: $M 12,671Scope 1 Intensity: 10.92 tCO2e/$M

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

In 2024, Jinko Solar reported a Scope 1 emissions intensity of 10.92 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.91, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2024, Jinko Solar ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Jinko Solar is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Jinko Solar's Total Carbon Footprint

In 2024, Jinko Solar reported a total carbon footprint of 33,309,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.83% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Jinko Solar's total carbon footprint was Scope 3 emissions, accounting for 84.99% of the company's total carbon footprint, followed by Scope 2 emissions at 14.59%.a

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