Solar A/S

Common Name
Solar
Country
Denmark
Sector
Technology
Industry
Electronics & Computer Distribution
Employees
2,913
Ticker
SOLAR B
Exchange
NASDAQ COPENHAGEN A/S
Description
Solar A/S operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in the Danish, Swedish, Norwegian, and Dutch markets. It operat...

Solar's Climate Target Data Preview

As of 2024, Solar 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 ’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)
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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)
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a
2030

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Insights into Solar's Greenhouse Gas Emissions Pathways

As of 2024, Solar 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 have a target to reduce the emissions from its operations?

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

Solar'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 is ahead of schedule on its operational emissions reduction target, having achieved 77.14% of the planned reduction. a

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

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

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

As of 2024, Solar 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'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 has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target. a

Solar's Value Chain (Scope 3) Emissions Pathway

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