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Solar A/S

Common Name
Solar
Country
Denmark
Sector
Technology
Industry
Electronics & Computer Distribution
Employees
2,902
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 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)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
Download Data
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=SOLAR B&reporting_period=2024"

Verified 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.

a. Solar's Annual Report 2024
a. Solar's Annual Report 2024

Insights into Solar's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSolar amounted to5,467metric 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 Solardecreased 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

2020202120222023202409001.8 k2.7 k3.6 ktCO2e+27%-15%-29%-19%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 3,722 tCOâ‚‚e 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

2020202120222023202401.5 k3 k4.5 k6 ktCO2e
  • 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 13of 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

2020202320240900 k1.8 M2.7 M3.6 MtCO2e+1%+6%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e(97.78%)
  • Downstream Transportation and Distribution (Cat. 9): 60,730 tCOâ‚‚e(1.91%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 4,097 tCOâ‚‚e(0.13%)

Solar's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(1.9%)Use of Sold Products(Cat. 11)(97.8%)

Insights into Solar’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Solar reported Scope 1 greenhouse gas (GHG) emissions of 1,745 tCOâ‚‚e and total revenues of USD 1,703 millions. This translates into an emissions intensity of 1.02 tCOâ‚‚e per millions USD.a

Solar's Scope 1 Emissions Intensity Compared to Peers

0.2102005,000200,000Scope 1 Emissions (tCO2e)201001,00010,000100,000Revenues (Millions of USD)MSPFIBDCMMMidwich GroupYear: 2024Scope 1: 1,500 tCO2eRevenue: $M 1,653Scope 1 Intensity: 0.91 tCO2e/$MNetcompany GroupYear: 2024Scope 1: 1,692 tCO2eRevenue: $M 912Scope 1 Intensity: 1.86 tCO2e/$MQuest HoldingsYear: 2024Scope 1: 1,395 tCO2eRevenue: $M 1,379Scope 1 Intensity: 1.01 tCO2e/$MNNITYear: 2024Scope 1: 15 tCO2eRevenue: $M 258Scope 1 Intensity: 0.06 tCO2e/$MSSSynnex Technology InternationalYear: 2024Scope 1: 4,050 tCO2eRevenue: $M 13,005Scope 1 Intensity: 0.31 tCO2e/$MWah Lee IndustrialYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 2,443Scope 1 Intensity: 1.31 tCO2e/$MSoftcatYear: 2024Scope 1: 96 tCO2eRevenue: $M 1,235Scope 1 Intensity: 0.08 tCO2e/$MCbrainYear: 2023Scope 1: 0 tCO2eRevenue: $M 36Scope 1 Intensity: 0.01 tCO2e/$MGrodnoYear: 2024Scope 1: 2,771 tCO2eRevenue: $M 298Scope 1 Intensity: 9.29 tCO2e/$MPPPC ConnectionYear: 2024Scope 1: 1,087 tCO2eRevenue: $M 2,802Scope 1 Intensity: 0.39 tCO2e/$MEsprinetYear: 2024Scope 1: 1,440 tCO2eRevenue: $M 4,310Scope 1 Intensity: 0.33 tCO2e/$MFFFoxconn TechnologyYear: 2024Scope 1: 14,431 tCO2eRevenue: $M 2,315Scope 1 Intensity: 6.23 tCO2e/$MWeikeng IndustrialYear: 2024Scope 1: 51 tCO2eRevenue: $M 2,740Scope 1 Intensity: 0.02 tCO2e/$MH&T Intelligent ControlYear: 2024Scope 1: 1,753 tCO2eRevenue: $M 1,324Scope 1 Intensity: 1.32 tCO2e/$MIIIngdanYear: 2024Scope 1: 8 tCO2eRevenue: $M 1,513Scope 1 Intensity: 0.01 tCO2e/$MWPG HoldingsYear: 2024Scope 1: 1,230 tCO2eRevenue: $M 26,905Scope 1 Intensity: 0.05 tCO2e/$MRexelYear: 2024Scope 1: 72,515 tCO2eRevenue: $M 20,068Scope 1 Intensity: 3.61 tCO2e/$MBBBoreoYear: 2024Scope 1: 1,175 tCO2eRevenue: $M 139Scope 1 Intensity: 8.42 tCO2e/$MAvnetYear: 2024Scope 1: 8,204 tCO2eRevenue: $M 23,759Scope 1 Intensity: 0.35 tCO2e/$MDDDaiwabo HoldingsYear: 2025Scope 1: 1,251 tCO2eRevenue: $M 7,582Scope 1 Intensity: 0.17 tCO2e/$MCCChang Wah ElectromaterialsYear: 2023Scope 1: 3,606 tCO2eRevenue: $M 538Scope 1 Intensity: 6.71 tCO2e/$MArrow ElectronicsYear: 2024Scope 1: 7,998 tCO2eRevenue: $M 27,926Scope 1 Intensity: 0.29 tCO2e/$MMacnica HoldingsYear: 2024Scope 1: 162 tCO2eRevenue: $M 6,782Scope 1 Intensity: 0.02 tCO2e/$MSynnex (Thailand)Year: 2024Scope 1: 189 tCO2eRevenue: $M 1,220Scope 1 Intensity: 0.15 tCO2e/$MSolarYear: 2024Scope 1: 1,745 tCO2eRevenue: $M 1,703Scope 1 Intensity: 1.02 tCO2e/$M

How does Solar's GHG emissions intensity compare to its peers?

In 2024, Solar reported a Scope 1 emissions intensity of 1.02 tCOâ‚‚e 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 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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

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