Nextracker today released its inaugural Sustainability Report for 2024, detailing the company's progress in establishing a comprehensive ESG program and strategy. The report highlights key milestones, including the completion of its first materiality assessment.
The company affirmed its commitment to setting future sustainability targets, which include long-term, company-wide emissions reductions aligned with climate science and the Science Based Targets initiative (SBTi). A dedicated sustainability team has been built to guide ESG initiatives across global operations.
This report marks Nextracker’s first independent alignment with the Sustainability Accounting Standards Board (SASB) standards for the Electrical and Electronic Equipment Industry. It also reflects adherence to the United Nations Sustainable Development Goals (SDGs), underscoring the company's focus on responsible business operations.
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