- Increase in absolute emissions and energy consumption due to a new facility being operational for a full reporting year.
- Physical risks to facilities from extreme weather events.
Shoals Technologies Group, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Shoals Technologies Group, Inc. disclosed greenhouse gas emissions of 3.1K MT CO2e/year. By scope: Scope 1: 766 MT CO2e/year; Scope 2: 2.4K MT CO2e/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
3.1K MT CO2e/year
2023
Water Usage
4.0M gallons/year (non-production uses)
2023
Energy Use
8.5K MWh/year
2023
π Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 766 MT CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.4K MT CO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
π Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 3.1K MT CO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
β Reported Environmental Achievements
- Conducted first inventory of Scope 1 and 2 GHG emissions, reporting aligned with TCFD recommendations.
- Partnered with local recycling company to recycle ~100% of wooden spools.
- Regrinding and reusing plastic scraps from manufacturing process.
- Recycling scrap material (wires, metals).
- Compacting and recycling cardboard.
- Engaging waste management third parties for sustainable recovery of materials from lithium-ion batteries and waste fluid.
- Upgrading to higher-grade coolant for CNC machines.
- Installing a closed-loop cooling system that reuses water.
π± ESG Focus Areas
Climate Change & GHG EmissionsSupply Chain ManagementEmployee Health & SafetyProduct Quality & SafetyHuman Capital Management & DEICommunity ImpactWaste & RecyclingProduct Design & Lifecycle ManagementCorporate GovernanceData Privacy & Security