Solar A/S
Solar's GHG Emissions Data Preview
In 2023, 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).
Solar has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
a
aVerified Sources Behind 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 Solar’s data sources below and access millions more through our Disclosure Search.
Insights into Solar's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Solar amounted to 6,026 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 2022, the total operational greenhouse gas (GHG) emissions of Solar decreased by 7.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Solar's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Solar's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Solar were 2,150 metric tons of CO₂ equivalent (tCO₂e). a
Has Solar reduced its Scope 1 emissions over time?
Since 2020, Solar's Scope 1 emissions have decreased by 23.6%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Solar's Scope 1 emissions decreased by 29.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Solar's Scope 2 emissions?
In 2023, Solar reported Scope 2 greenhouse gas (GHG) emissions of 3,241 tCO₂e using the market-based method and 3,876 tCO₂e using the location-based method. a
Has Solar reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Solar's Scope 2 emissions (Location-Based) rose by 11.03% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Solar use for Scope 2 reporting?
In 2023, Solar reported its Scope 2 emissions using the market-based method and using the location-based method. a
Solar's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Solar's Value Chain Emissions
In 2023, Solar reported 796,686 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 2023 disclosure of Solar includes a breakdown across 2 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 a
Solar's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Solar's Scope 3 emissions?
In 2023, Solar reported total Scope 3 emissions of 796,686 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 28.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 71.91% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Solar reduced its Scope 3 emissions over time?
Since 2020, Solar's Scope 3 emissions have remained relatively stable, indicating that Solar 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Solar disclose?
In 2023, Solar reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Solar's Scope 3 emissions?
In 2023, the largest contributors to Solar's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 533,533 tCO₂e (71.91%)
- Purchased Goods and Services (Cat. 1): 208,394 tCO₂e (28.09%)
Solar's Scope 3 Emissions by Categories
Insights into Solar’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Solar reported Scope 1 greenhouse gas (GHG) emissions of 2,150 tCO₂e and total revenues of USD 1,930 millions. This translates into an emissions intensity of 1.11 tCO₂e per millions USD. a
Solar's Scope 1 Emissions Intensity Compared to Peers
How does Solar's GHG emissions intensity compare to its peers?
In 2023, Solar reported a Scope 1 emissions intensity of 1.11 tCO₂e per millions USD. Compared to the peer group median of 0.31 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Solar rank on GHG emissions intensity within its industry?
In 2023, Solar ranked 17 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Solar is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Solar's Total Carbon Footprint
In 2023, Solar reported a total carbon footprint of 802,712 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12,203.99% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Solar's total carbon footprint was Scope 3 emissions, accounting for 99.25% of the company's total carbon footprint, followed by Scope 2 emissions at 0.48%. a