In 2025, SOL 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).
SOL has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 60,849a | 59,045a | 61,339b | |
Total Scope 2 | ||||
Market-Based | 214,099a | 253,134a | 285,230b | |
Location-Based | 259,950a | 244,794a | 233,439b | |
Total Scope 3 | 2,101,401a | 2,281,845a | 2,426,814b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | N/A | 35.2328a | 37.2657b |
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In 2025, the total operational greenhouse gas (GHG) emissions of SOL amounted to 320,799 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 2024, the total operational greenhouse gas (GHG) emissions of SOL increased by 5.58%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of SOL were 60,849 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, SOL's Scope 1 emissions have increased by 45.6%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), SOL's Scope 1 emissions increased by 3.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, SOL reported Scope 2 greenhouse gas (GHG) emissions of 214,099 tCO₂e using the market-based method and 259,950 tCO₂e using the location-based method.a
Since 2019, SOL's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 34.03%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2024), SOL's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SOL's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, SOL reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, SOL reported 2,101,401 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of SOL includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2025, SOL reported total Scope 3 emissions of 2,101,401 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 38.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 61.83% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), SOL's Scope 3 emissions remained relatively stable, indicating that SOL's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, SOL reported emissions for 9 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.
In 2025, the largest contributors to SOL's Scope 3 emissions were:a
In 2024, SOL reported Scope 1 greenhouse gas (GHG) emissions of 59,045 tCO₂e and total revenues of USD 1,676 millions. This translates into an emissions intensity of 35.23 tCO₂e per millions USD.a
In 2024, SOL reported a Scope 1 emissions intensity of 35.23 tCO₂e per millions USD. Compared to the peer group median of 35.85, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, SOL ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
SOL is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, SOL reported a total carbon footprint of 2,422,200 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.32% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to SOL's total carbon footprint was Scope 3 emissions, accounting for 86.76% of the company's total carbon footprint, followed by Scope 2 emissions at 10.73%.a