Waaree Energies Limited, a leading player in the renewable energy sector, is headquartered in India and operates extensively across various regions. Founded in 1989, the company has established itself as a prominent manufacturer of solar photovoltaic (PV) modules and a provider of comprehensive solar energy solutions. Waaree's core offerings include high-efficiency solar panels, solar inverters, and energy storage systems, distinguished by their innovative technology and commitment to quality. With a strong market presence, Waaree Energies has achieved significant milestones, including the installation of over 1 GW of solar projects globally. The company is recognised for its contributions to sustainable energy, positioning itself as a trusted partner in the transition towards a greener future.
How does Waaree Energies Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Communication Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Waaree Energies Limited's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Waaree Energies Limited, headquartered in India, has made significant commitments towards reducing its carbon emissions, although specific emissions data is currently unavailable. The company has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term target reflects Waaree's dedication to addressing climate change and reducing its environmental impact. As part of its climate strategy, Waaree Energies has also committed to near-term targets, focusing on reducing greenhouse gas emissions from its operations, specifically in Scopes 1 and 2. These efforts are designed to contribute to global warming mitigation and demonstrate the company's proactive approach to sustainability within the semiconductor and semiconductor equipment sector. While specific reduction percentages and interim targets have not been disclosed, Waaree's commitment to net-zero emissions signifies a robust framework for future climate action. The company is poised to play a crucial role in the transition towards a more sustainable energy landscape in India and beyond.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Waaree Energies Limited is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.