- Waste generation increased due to a one-off change in a production line
- Wastewater discharge exceeding prescribed limit of chemicals in Malaysia (resulting in a fine)
- Scope 3 emissions increased due to new projects in China and increased employee travel
Maxeon Solar Technologies, Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Maxeon Solar Technologies, Ltd. disclosed greenhouse gas emissions of 162.3K tCO2e/year. By scope: Scope 1: 292 tCO2e/year; Scope 2: 161.3K tCO2e/year; Scope 3: 678 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
162.3K tCO2e/year
2023
Renewable Energy
207%
of total energy
Water Usage
4.4M m3/year
2023
Waste
19.4K tons/year
2023
Energy Use
311.1K MWh/year
2023
📊 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). | 292 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 161.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 678 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 162.3K tCO2e/year |
| 2022 | 240.1K tCO2e |
| 2021 | 150.3K tCO2e/year |
| 2020 | 174.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved LEED Gold certification for Singapore corporate office
- 3x increase in green power purchases
- Innovative water recycling in Mexico
- Emissions intensity decreased to 66 tCO2e per MW produced (59% decrease from 2020)
- Energy intensity decreased to 127 MWh per MW produced (52% decrease from 2022)
- Waste recycling rate increased to 83% of total waste generated
- Achieved Cradle to Cradle Certified Silver designation for DC solar panels
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 2.5% from 2020 by 2025
- Increase waste recycling rate by 5% from 2020 by 2025
- Maintain industry-leading TRIR of 0.63 by 2025
- Achieve 34% female leaders by 2025
📅 Medium-term
- Reduce water consumption by 5% from 2020 by 2030
- Increase waste recycling rate by 20% from 2020 by 2030
- Achieve 37% female leaders by 2030
- Achieve 70 NPS score for customer health by 2030
🔭 Long-term
- Achieve Cradle to Cradle Certified Gold by 2030
- Increase Maxeon volunteering days to 7,500 by 2030
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity, and InclusionGovernanceCommunity InvestmentOccupational Health and SafetyFair Labor and Human RightsSustainable InnovationCustomer Engagement and SatisfactionCircular Economy