Solar A/S
Solar's GHG Emissions Data Preview
In 2024, 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 13 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/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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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 2024, the total operational greenhouse gas (GHG) emissions of Solar amounted to 5,467 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 2023, the total operational greenhouse gas (GHG) emissions of Solar decreased by 9.28%, 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 2024, the total Scope 1 emissions of Solar were 1,745 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 37.99%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Solar's Scope 1 emissions decreased by 18.84%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Solar's Scope 2 emissions?
In 2024, Solar reported Scope 2 greenhouse gas (GHG) emissions of 1,815 tCO₂e using the market-based method and 3,722 tCO₂e using the location-based method.a
Has Solar reduced its Scope 2 emissions over time?
Since 2020, Solar's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 13.96%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Solar's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Solar's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Solar use for Scope 2 reporting?
In 2024, 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 2024, Solar reported 3,499,615 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 2024 disclosure of Solar includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Solar's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Solar's Scope 3 emissions?
In 2024, Solar reported total Scope 3 emissions of 3,499,615 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 2.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.91% 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 emissionshave remained relatively stable, indicating that Solar's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Solar's Scope 3 emissions 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 2024, Solar reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Solar's Scope 3 emissions?
In 2024, the largest contributors to Solar's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 3,116,332 tCO₂e (97.78%)
- Downstream Transportation and Distribution (Cat. 9): 60,730 tCO₂e (1.91%)
- End-of-Life Treatment of Sold Products (Cat. 12): 4,097 tCO₂e (0.13%)
Solar's Scope 3 Emissions by Categories
Insights into Solar’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Solar reported Scope 1 greenhouse gas (GHG) emissions of 1,745 tCO₂e and total revenues of USD 1,703 millions. This translates into an emissions intensity of 1.02 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 2024, Solar reported a Scope 1 emissions intensity of 1.02 tCO₂e per millions USD. Compared to the peer group median of 0.34, 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 2024, Solar ranked 17 out of 24 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 2024, Solar reported a total carbon footprint of 3,505,082 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.72% increase compared to 2023, 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 99.84% of the company's total carbon footprint, followed by Scope 2 emissions at 0.11%.a