Waaree Energies, India’s largest manufacturer of solar PV modules and a leader in clean energy, has been awarded the prestigious EcoVadis Gold Medal. This makes it the first Indian solar PV manufacturer to achieve this honor. With a ranking in the 97th percentile, Waaree Energies now stands among the top 5% of companies globally recognized for their commitment to environmental, social, and governance (ESG) practices. This achievement highlights the company’s dedication to responsible business practices and sustainable growth.
The EcoVadis certification brings several benefits, including an enhanced global reputation and increased opportunities for collaboration with organizations focused on ESG. Additionally, the rigorous assessment process helps identify risks within operations and supply chains, contributing to better resource management, waste reduction, and long-term cost savings. These sustainable practices not only benefit the environment but also improve the company’s financial performance.
Dr Amit Paithankar, Whole-time Director & CEO of Waaree Energies Ltd., commented on the milestone: “Being the first Indian solar PV manufacturer to receive this recognition is a significant achievement. It reflects our deep commitment to sustainability in all aspects of our operations—from product development to the partnerships we foster. This recognition positions us as a global leader in responsible solar manufacturing and sets a new standard for India’s solar industry.”
Waaree Energies’ focus on ESG is driven by its efforts to decarbonize the entire solar value chain, from sourcing to manufacturing and installation. The company recently received Environmental Product Declaration (EPD) certification for its low-carbon solar modules, further solidifying its commitment to sustainability. This achievement serves as a model for the industry, demonstrating that India’s solar manufacturing can compete on a global scale not just in terms of volume, but also in sustainability.
Founded in 1990, Waaree Energies Limited is a leading renewable energy company based in Mumbai, dedicated to driving the global energy transition. With advanced manufacturing facilities capable of producing around 15 GW of solar PV modules globally, including facilities in India and the US, Waaree offers a range of solar solutions such as panel manufacturing, EPC services, project development, and rooftop systems. Committed to sustainability, Waaree Energies is working towards a greener future by delivering innovative and affordable energy solutions.
