Nextracker Inc.
Nextracker Inc., a leading provider of advanced solar tracking solutions, is headquartered in the United States and operates extensively across major global markets. Founded in 2013, the company has rapidly established itself within the renewable energy sector, focusing on optimising solar power generation through innovative technology. Nextracker's core offerings include its state-of-the-art solar tracker systems, which enhance energy output and efficiency for utility-scale solar projects. The company is recognised for its unique ability to integrate cutting-edge software with hardware, ensuring superior performance and reliability. With a strong market position, Nextracker has achieved significant milestones, including the deployment of over 30 gigawatts of solar trackers worldwide. This commitment to innovation and sustainability has solidified Nextracker's reputation as a key player in the solar energy industry.
DitchCarbon Score
How does Nextracker Inc.'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.
Industry Average
Mean score of companies in the Electrical Machinery 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.
Industry Benchmark
Nextracker Inc.'s score of 44 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nextracker Inc.'s reported carbon emissions
In 2023, Nextracker Inc., headquartered in the United States, reported total carbon emissions of approximately 2,088,000,000 kg CO2e. This figure includes 224,000 kg CO2e from Scope 1 emissions, 214,000 kg CO2e from market-based Scope 2 emissions, and a significant 1,867,884,000 kg CO2e from Scope 3 emissions, which primarily stem from the use of sold products and purchased goods and services. Nextracker has set ambitious near-term climate commitments, aiming to establish sustainability-related targets aligned with climate science and the Science Based Targets initiative (SBTi) for both Scope 1 and Scope 2 emissions by 2025. This commitment reflects their proactive approach to reducing their carbon footprint and adapting to the evolving regulatory landscape. In 2022, the company reported total emissions of about 380,000 kg CO2e for Scope 1 and 2 combined, indicating a substantial increase in emissions in 2023, particularly in Scope 3. Nextracker's ongoing efforts to monitor and reduce emissions are crucial as they navigate the challenges of the electrical equipment and machinery sector, where sustainability is increasingly becoming a priority.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 123,000 | 000,000 |
| Scope 2 | 209,000 | 000,000 |
| Scope 3 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Nextracker Inc. 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.
