Vikram Solar Limited, a prominent Indian manufacturer of solar photovoltaic (PV) modules, has received a Platinum Medal from EcoVadis, a global platform that evaluates companies on sustainability practices. Scoring 84 out of 100, the company ranks in the top 1% of over 130,000 organizations assessed worldwide and holds the highest position within its sector across all Vikram Solar group entities, as of May 13, 2025.
Commenting on the achievement, Gyanesh Chaudhary, Chairman and Managing Director, stated, “This acknowledgment validates our belief that sustainability must be central to how a business operates. We are committed to integrating responsible practices throughout our operations, from procurement to delivery, with a long-term focus on ethical manufacturing and environmental impact.”
The EcoVadis rating is based on 21 criteria grouped under four main categories: Environmental Impact, Labor & Human Rights, Ethics, and Sustainable Procurement. These assessments follow internationally recognized standards, including the UN Global Compact principles, ILO conventions, GRI guidelines, and ISO 26000.
This recognition places Vikram Solar among a select group of companies recognized for leadership in corporate responsibility and sustainable operations. The Platinum Medal is the highest rating awarded by EcoVadis, emphasizing VikramSolar’s alignment with global benchmarks in responsible business conduct.
Vikram Solar Limited is one of India’s largest PV module manufacturers, with a global presence spanning 39 countries as of Fiscal Year 2024. Headquartered in Kolkata, the company operates with a total manufacturing capacity of 4.5 GW as of Fiscal Year 2025. Vikram Solar was named a ‘Top Performer’ in PV module reliability by PVEL in 2024 and has been listed among BloombergNEF’s Tier 1 solar module manufacturers for the first three quarters of Calendar Year 2024.
