Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc., commonly referred to as Shoals, is a leading provider of innovative electrical balance of system (EBOS) solutions for the solar energy industry. Headquartered in the United States, Shoals operates across key regions, delivering cutting-edge products that enhance the efficiency and reliability of solar installations. Founded in 2010, the company has achieved significant milestones, including rapid growth and recognition for its commitment to sustainability. Shoals offers a range of unique products and services, including modular wiring systems and advanced monitoring solutions, which streamline the installation process and reduce costs for solar developers. With a strong market position, Shoals has established itself as a trusted partner in the renewable energy sector, contributing to the global transition towards clean energy solutions.
DitchCarbon Score
How does Shoals Technologies Group, 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 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.
Industry Benchmark
Shoals Technologies Group, Inc.'s score of 31 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shoals Technologies Group, Inc.'s reported carbon emissions
Shoals Technologies Group, Inc., headquartered in the US, has not publicly disclosed specific carbon emissions data for the most recent year. However, the company has established significant climate commitments aimed at achieving net-zero emissions. Shoals is actively working on initiatives to reduce its carbon footprint, particularly focusing on Scope 1 and Scope 2 emissions. The company has initiated projects that will support MGM Resorts International’s 2030 emissions reduction goals, which include powering 13 properties on the Las Vegas Strip. These initiatives are set to commence in 2023 and are part of a broader strategy to enhance sustainability and reduce greenhouse gas emissions. While specific reduction targets or achievements have not been detailed, Shoals Technologies Group, Inc. is committed to advancing its climate initiatives and contributing to a more sustainable future. The absence of specific emissions data suggests that the company is in the early stages of formalising its climate strategy, but its ongoing projects indicate a proactive approach to addressing climate change.
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.
Shoals Technologies Group, Inc. is not participating in any 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.
