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Solar A/S

Country
Denmark
Sector
Technology
Industry
Electronics & Computer Distribution
Employees
2,951
Ticker
SOLAR B
Exchange
Nasdaq Copenhagen
Description
Solar A/S operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in Denmark, Sweden, Norway, The Netherlands, and Poland. It ope...

Solar A/S's Climate Target Data Preview

As of 2024, Solar A/S has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Solar A/S's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-65%a
2026
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
-25%a
2030
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Verified Sources Behind Solar A/S’s Climate Targets Data

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a. Solar A/S's Annual Report 2024

Insights into Solar A/S's Greenhouse Gas Emissions Pathways

As of 2024, Solar A/S has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Solar A/S have a target to reduce the emissions from its operations?

As of 2024, Solar A/S has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Solar A/S's most ambitious operational target is to reduce these emissions by 65% by 2026, compared to a baseline of 7,140 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a

As of 2024, Solar A/S is ahead of schedule on its operational emissions reduction target, having achieved 77.14% of the planned reduction.a

Solar A/S's Operational (Scope 1+2) Emissions Pathway

20202024202602 k4 k6 k8 kBaselineCurrent (-50%)Target 2026 (-65%)

Does Solar A/S have a target to reduce the emissions from its value chain?

As of 2024, Solar A/S has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Solar A/S's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 3,205,348 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a

Instead of reducing value chain emissions, Solar A/S has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a

Solar A/S's Value Chain (Scope 3) Emissions Pathway

2020202420300900 k1.8 M2.7 M3.6 MCurrent (+7%)Target 2030 (-25%)
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