Websol Energy System Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2021-22, 2019-20

In its 2023-04 to 2024-03 reporting, Websol Energy System Limited disclosed greenhouse gas emissions of 47.25 tCO2e/year (Scope 1 & 2). By scope: Scope 1: 47.25 tCO2e/year; Scope 2: 3.0K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
47.25 tCO2e/year (Scope 1 & 2)
2023-04 to 2024-03
💧
Water Usage
49.0K m3/year
2023-04 to 2024-03
♻️
Waste
12.4 tons/year
2023-04 to 2024-03
⚙️
Energy Use
18.5M MJ/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).47.25 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.0K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-0347.25 tCO2e/year (Scope 1 & 2)
2019-2097.7K kgs CO2 reduction

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Increase capacity utilisation to a consistent 90% through the rest of FY 2024-25 and 95% in the year thereafter
  • Targeting enhanced cell efficiency from 22.9% to 23.2%

📅 Medium-term

  • Scaling the Company’s cell manufacturing capacity from 600 MW to 2400 MW by 2026
  • Achieving an annual average reduction in electricity consumption at least 5% by 2030 per MW from base year 2023-24.
  • Increasing Women representation within the Company to 5% by 2030.

🔭 Long-term

  • Attaining Carbon Neutral status by 2035.

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Global supply chain disruptions due to container shortages and rising freight costs.
  • Graduation from legacy technology of multi-crystalline cells to the next generation Mono PERC.
  • More than doubling its solar cell manufacturing capacity to 600MW.
  • Generating an acceptable efficiency at the time of commissioning and ramping this efficiency attractively over the subsequent months.
  • Scaling the Company’s cell manufacturing capacity from 600 MW to 2400 MW by 2026.
  • Integrating backwards to the manufacture of ingots and wafers.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI, Ind AS