First Solar Inc

Semiconductors
FSLR
$ 164 1.2
Share price
$ 18 bn
Market Cap
$ 16 bn
Enterprise Value

Carbon footprint

35 Ton
GHG emissions per $ 1 mln investment
1x the weighted average for S&P 500
FY2021
How is this calculated?
+12%
YOY change in GHG emissions
Weaker than the -0.8% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

First Solar Inc's GHG emissions (location-based) (Kt of CO2e)
First Solar Inc's Carbon intensity (Tons per 1 USDm)

First Solar Inc's carbon footprint

First Solar Inc reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 560 Kt (+58/+12% y-o-y). Carbon intensity also grew to 192 t (+6.4/+3.5% y-o-y).

First Solar Inc's Scope 3 emissions increased to 1,985 Kt (+374/+23% y-o-y).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

First Solar Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target First Solar Inc commits to reach net-zero GHG emissions across the value chain by 2050. Near-Term Targets First Solar commits to reduce absolute scope 1 and 2 GHG emissions 34% by 2028 from a 2020 base year. First Solar also commits to reduce scope 3 GHG emissions from purchased goods and services 45% per MW produced within the same timeframe. Long-Term Targets First Solar Inc commits to reduce absolute Scope 1 and 2 GHG emissions 90% by 2050 from a 2020 base year. First Solar Inc commits to reduce Scope 3 GHG emissions from purchased goods and services, capital goods, and fuel- and energy-related activities 97% per MW produced within the same timeframe.

Company environmental metrics

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