STOCK TITAN

Shoals Technologies Group Releases 2023 Environmental, Social and Governance Report

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Shoals Technologies Group (Nasdaq: SHLS), a leader in electrical balance of system (EBOS) solutions, has released its 2023 Environmental, Social, and Governance (ESG) report. The report highlights significant progress in ESG initiatives, including:

  • First-time reporting of Scope 1 and 2 emissions and total energy usage
  • Creation of a cross-functional ESG team
  • Addition of key roles such as Director of Sustainability and Director of Quality
  • Integration and expansion of environmental and health and safety programs
  • Investment in robust data infrastructure

CEO Brandon Moss emphasized the company's commitment to integrating ESG principles into its core identity and strategy. The full report is available on Shoals' website.

Shoals Technologies Group (Nasdaq: SHLS), un leader nelle soluzioni di bilanciamento elettrico del sistema (EBOS), ha pubblicato il suo rapporto Ambientale, Sociale e di Governance (ESG) per il 2023. Il rapporto evidenzia progressi significativi nelle iniziative ESG, tra cui:

  • Report per la prima volta delle emissioni di Scopo 1 e 2 e dell'uso totale di energia
  • Creazione di un team ESG cross-funzionale
  • Aggiunta di ruoli chiave come Direttore della Sostenibilità e Direttore della Qualità
  • Integrazione ed espansione dei programmi ambientali e di salute e sicurezza
  • Investimento in un'infrastruttura dati robusta

Il CEO Brandon Moss ha sottolineato l'impegno dell'azienda nell'integrare i principi ESG nella propria identità e strategia principale. Il rapporto completo è disponibile sul sito web di Shoals.

Shoals Technologies Group (Nasdaq: SHLS), líder en soluciones de equilibrio eléctrico del sistema (EBOS), ha publicado su informe Ambiental, Social y de Gobernanza (ESG) de 2023. El informe destaca progresos significativos en las iniciativas ESG, incluidos:

  • Informe por primera vez de las emisiones de Alcance 1 y 2 y del uso total de energía
  • Creación de un equipo ESG multifuncional
  • Adición de roles clave como Director de Sostenibilidad y Director de Calidad
  • Integración y expansión de programas ambientales y de salud y seguridad
  • Inversión en una infraestructura de datos robusta

El CEO Brandon Moss enfatizó el compromiso de la empresa de integrar los principios ESG en su identidad y estrategia central. El informe completo está disponible en el sitio web de Shoals.

쇼울스 테크놀로지스 그룹 (Nasdaq: SHLS), 전기 시스템 균형 (EBOS) 솔루션의 선두주자가 2023년 환경, 사회, 지배구조 (ESG) 보고서를 발표했습니다. 이 보고서는 ESG 이니셔티브에서의 중요한 진전을 강조하며, 다음과 같은 내용을 포함합니다:

  • 스코프 1 및 2 배출량과 총 에너지 사용 보고
  • 상호 기능적 ESG 팀의 구성
  • 지속 가능성 이사 및 품질 이사와 같은 주요 역할 추가
  • 환경 및 건강 및 안전 프로그램의 통합 및 확장
  • 강력한 데이터 인프라에 대한 투자

CEO 브랜든 모스는 회사의 핵심 정체성과 전략에 ESG 원칙을 통합하는 것에 대한 회사의 의지를 강조했습니다. 전체 보고서는 쇼울스 웹사이트에서 확인할 수 있습니다.

Shoals Technologies Group (Nasdaq: SHLS), un leader dans les solutions d'équilibre électrique du système (EBOS), a publié son rapport Environnemental, Social et de Gouvernance (ESG) pour 2023. Le rapport souligne des progrès significatifs dans les initiatives ESG, y compris :

  • Première déclaration des émissions de portée 1 et 2 et de la consommation totale d'énergie
  • Création d'une équipe ESG interfonctionnelle
  • Ajout de rôles clés tels que Directeur de la Durabilité et Directeur de la Qualité
  • Intégration et expansion des programmes environnementaux et de santé et de sécurité
  • Investissement dans une infrastructure de données robuste

Le PDG Brandon Moss a souligné l'engagement de l'entreprise à intégrer les principes ESG dans son identité et sa stratégie centrales. Le rapport complet est disponible sur le site Web de Shoals.

Shoals Technologies Group (Nasdaq: SHLS), ein führendes Unternehmen im Bereich der elektrischen Systembalance (EBOS), hat seinen Umwelt-, Sozial- und Governancebericht (ESG) für 2023 veröffentlicht. Der Bericht hebt erhebliche Fortschritte in den ESG-Initiativen hervor, darunter:

  • Erstmalige Berichterstattung über die Emissionen der Scopes 1 und 2 sowie den Gesamtenergieverbrauch
  • Gründung eines funktionsübergreifenden ESG-Teams
  • Ergänzung wichtiger Rollen wie Direktor für Nachhaltigkeit und Direktor für Qualität
  • Integration und Erweiterung von Umwelt- sowie Gesundheits- und Sicherheitsprogrammen
  • Investition in eine robuste Dateninfrastruktur

CEO Brandon Moss betonte das Engagement des Unternehmens, ESG-Prinzipien in seine Kernidentität und -strategie zu integrieren. Der vollständige Bericht ist auf der Website von Shoals verfügbar.

Positive
  • First-time reporting on Scope 1 and 2 emissions and total energy usage, demonstrating transparency
  • Creation of a cross-functional ESG team to align priorities with company strategy
  • Addition of key roles including Director of Sustainability and Director of Quality
  • Investment in robust data infrastructure for enhanced future reporting
Negative
  • None.

PORTLAND, Tenn., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, today announced the publication of its 2023 Environmental, Social, and Governance (“ESG”) report. The ESG report highlights Shoals’ notable progress and achievements in advancing environmental, social, and governance priorities in the 2023 fiscal year.

Highlights of the report include:

  • First-time reporting on Shoals Scope 1 and 2 emissions, as well as reporting on our total energy usage.
  • Creation of a cross-functional ESG team to identify and monitor ESG priorities and help ensure these are connected to the overall company strategy.
  • Addition of key roles to solidify ESG integration across the organization, including a first-ever Director of Sustainability and Director of Quality.
  • Integration and expansion of our environmental and health and safety programs
  • Investment in robust data infrastructure, creating a centralized data hub to guide enhanced reporting efforts in future years.

“We are thrilled to present Shoals Technologies Group’s third annual ESG report. With this year’s report, we’ve made significant progress toward integrating ESG principles into everything we do. I’m excited about a future at Shoals where ESG is not just a commitment, but a core component of our identity and strategy,” said Shoals CEO, Brandon Moss.

The report was developed under the direction of management and the Board and features ESG activities from teams across the company.  

The full report is publicly accessible on Shoals’ website at: https://www.shoals.com/esg/

About Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. is a leading provider of electrical balance of systems (EBOS) solutions for the energy transition market. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technologies Group, Inc. is a recognized leader in the renewable energy industry whose solutions are deployed on over 62 GW of solar systems globally. For additional information, please visit: https://www.shoals.com/

Contacts:
Andrew Ross, Director of Sustainability
sustainability@shoals.com

Investors:
investors@shoals.com

Forward-looking Statements:

This press release contains certain forward-looking statements that are based on the Company’s management’s beliefs and assumptions and on information currently available to the Company’s management. These forward-looking statements relate to, among other things, expectations, projections and assumptions about the Company’s ESG program, including priorities and intentions related thereto. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would” or similar expressions and the negatives of those terms.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Some of the key factors that could cause actual results to differ from the Company’s expectations include, among other things; the effectiveness of the Company’s ESG program, including investors’ reception thereto, and other risks and uncertainties described in the Company’s most recent Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission.

Important risk factors are described more fully in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other documents filed with the Securities and Exchange Commission and could cause actual results to vary from expectations. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent the Company’s management’s beliefs and assumptions only as of the date of this report. You should read this report with the understanding that the Company’s actual future results may be materially different from what the Company expects.

Except as required by law, the Company assumes no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.


FAQ

What are the key highlights of Shoals Technologies Group's 2023 ESG report?

The key highlights include first-time reporting on Scope 1 and 2 emissions, creation of a cross-functional ESG team, addition of key roles like Director of Sustainability, integration of environmental and health and safety programs, and investment in robust data infrastructure.

Has Shoals Technologies Group (SHLS) reported its emissions data before?

No, the 2023 ESG report marks the first time Shoals Technologies Group has reported on its Scope 1 and 2 emissions, as well as total energy usage.

What new roles has Shoals Technologies Group (SHLS) added to support its ESG initiatives?

Shoals has added key roles to support its ESG initiatives, including a first-ever Director of Sustainability and Director of Quality.

Where can investors find Shoals Technologies Group's (SHLS) 2023 ESG report?

The full 2023 ESG report is publicly accessible on Shoals Technologies Group's website at https://www.shoals.com/esg/

Shoals Technologies Group, Inc.

NASDAQ:SHLS

SHLS Rankings

SHLS Latest News

SHLS Stock Data

1.07B
166.65M
3.04%
124.2%
11.79%
Solar
Semiconductors & Related Devices
Link
United States of America
PORTLAND