Named in Corporate Knights Global 100 Index for Second Consecutive Year
SINGAPORE, Jan. 23, 2024 /PRNewswire/ — Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that for the second consecutive year it has been included in the annual Corporate Knights’ Global 100 index of the world’s most sustainable corporations. Maxeon is ranked number 44, placing it among top global companies recognized in conjunction with the index’s publication at the World Economic Forum in Davos, Switzerland.
Maxeon Solar Technologies Logo (PRNewsfoto/Maxeon Solar Technologies)
The Global 100 is an annual ranking by Corporate Knights, an international sustainable business research firm, which rigorously assesses the performance of the world’s largest publicly listed companies. A suite of 25 key quantitative environmental, social and governance metrics are used to develop the top 100 list out of over 6,700 companies analyzed. Maxeon scored particularly well for its sustainable supply chain, the health and safety of its employees and the Company’s female representation in management.
“Our entire team appreciates this validation of Maxeon’s ambitious sustainability efforts, and we will continue to meet the needs of our global customers through responsible business practices that deliver the best renewable energy solutions,” said Bill Mulligan, Maxeon CEO. “Maxeon’s products feature exceptional performance and are also built to last, as supported by our 40-year warranty, significantly reducing the need for new materials and recycling while generating decades of clean power and preventing millions of tons of carbon emissions. We are proud to be a leader in the transition to clean energy, and to fulfill our mission of Powering Positive Change.”
Toby Heaps, Corporate Knights Chief Executive Officer, said, “Maxeon is setting the global standard for sustainability in the solar sector. Companies listed on the Global 100 index represent the gold standard for sustainability performance.”