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First Solar

Founded in 1999, First Solar is an American solar technology company with manufacturing facilities in the US, Malaysia and Vietnam. In 2022, First Solar had a revenue of 2.6 billion USD along with 5.5 thousand employees. First Solar positions itself among the ten largest solar panel manufacturers worldwide. In 2022 the company produced 9.1 GW of solar modules.

Ranking position
#4 /11
Total score
49.3 /100

43.8 /60
Core social indicators
5.5 /20
Just transition
0.0 /20

ACT score components

Performance score
8.7 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank


#1 43.6 /100 #2

Material investment

#1 50.0 /100 #4

Intangible investment

#1 50.0 /100 #1

Sold products

#1 40.0 /100 #3


#1 52.1 /100 #5

Supplier engagement

#1 17.5 /100 #8

Client engagement


Policy engagement

#1 50.0 /100 #7

Business model

#1 75.4 /100 #3
Indicates the score for the top performing company.

ACT assessment

Leading practices

Risks and opportunities


First Solar receives a trend score of +. If the company were reassessed in the near future, its score would likely increase. First Solar’s emissions intensity is projected to decrease significantly in the next five years.  Further, the company aims to achieve climate neutrality by 2050 and has set up measures to support its transition, including expanding the use of renewable energy within its own operations. These would help the company shift towards better alignment with a 1.5°C pathway.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

More about the company

Tempe, AZ, United States of America
Group revenue
US$ 2,619 millions (FY2022)
Group employees
5,500 (FY2022)
Publicly listed
Installed capacity
Not Applicable
Company filing name
First Solar Inc

This company is part of the SDG2000, the 2,000 most influential companies

See company profile