Nextracker Inc
Nextracker's GHG Emissions Data Preview
In 2023, Nextracker 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).
Nextracker has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Nextracker's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Nextracker amounted to 771 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Nextracker increased by 53.28%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Nextracker's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nextracker's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Nextracker were 224 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Nextracker's Scope 1 emissions increased by 82.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Nextracker's Scope 2 emissions?
In 2023, Nextracker reported Scope 2 greenhouse gas (GHG) emissions of 438 tCOâ‚‚e using the market-based method, and 547 tCOâ‚‚e using the location-based method.
Has Nextracker reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Nextracker's Scope 2 emissions (Location-Based) rose by 43.95% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Nextracker use for Scope 2 reporting?
In 2023, Nextracker reported its Scope 2 emissions using the market-based method and using the location-based method.
Nextracker's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Nextracker's Value Chain Emissions
In 2023, Nextracker reported 1,867,884 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Nextracker includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Nextracker's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Nextracker's Scope 3 emissions?
In 2023, Nextracker reported total Scope 3 emissions of 1,867,884 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 91.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.13% came from downstream activities like product use, distribution, and end-of-life treatment.
What categories of Scope 3 emissions does Nextracker disclose?
In 2023, Nextracker reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Nextracker's Scope 3 emissions?
In 2023, the largest contributors to Nextracker's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 1,587,980 tCOâ‚‚e (85.01%)
- Upstream Transportation and Distribution (Cat. 4): 128,032 tCOâ‚‚e (6.85%)
- End-of-Life Treatment of Sold Products (Cat. 12): 85,771 tCOâ‚‚e (4.59%)
Nextracker's Scope 3 Emissions by Categories
Insights into Nextracker's Total Carbon Footprint
In 2023, Nextracker reported a total carbon footprint of 1,868,655 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 371,401.99% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Nextracker's total carbon footprint was Scope 3 emissions, accounting for 99.96% of the company's total carbon footprint, followed by Scope 2 emissions at 0.03%.