Receiving a Bronze Medal from EcoVadis places Luxen Solar in the top 35% of all assessed companies, indicating a solid commitment to sustainability across four key themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, based on 21 sustainability criteria:
1. Environmental Responsibility:
Luxen Solar has implemented effective policies and practices to manage energy consumption, reduce greenhouse gas emissions, ensure proper water management, and protect biodiversity.
2. Labor & Human Rights:
Luxen Solar has ensured fair labor conditions and respects human rights within its operations and supply chain, covering labor practices, health and safety standards, human rights protection, and promoting diversity.
3. Ethics:
Luxen Solar maintains high ethical standards in its business practices, including anti-corruption measures, ensuring fair competition, and protecting data.
4. Sustainable Procurement:
Luxen solar engages in sustainable procurement practices, ensuring that its suppliers adhere to high sustainability standards.
Comprehensive Evaluation and Future Roadmap
EcoVadis analysts reviewed Luxen Solar’s policies, certifications, and performance reports, considering the quality of the management system and performance across the four themes.
This award signals to stakeholders and partners that Luxen Solar prioritizes sustainable practices. Based on detailed EcoVadis benchmarking tools and ample resources, Luxen Solar can compare its performance against industry standards and peers, track progress, and make informed decisions to continuously improve its sustainability strategies.
What is EcoVadis?
EcoVadis offers a comprehensive sustainability ratings service for Environmental, Labor & Human Rights, Ethics, and Sustainable Procurement impacts, tailored to each company’s size, location, and industry.
Companies partner with EcoVadis to promote global supply chain sustainability, using their influence to encourage trading partners to exceed compliance. Subscribing to EcoVadis allows organizations to manage trading partners’ performance and drive improvement. Companies can then foster competition towards global best practices.
To date, EcoVadis has rated over 75,000 trading partners worldwide, reducing risk for major organizations, fostering transparency, and driving innovation.
