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Solarworld

Industry:renewable energies ISIN:DE0005108401 Country:DE CRR:A-

Company Profile:
SolarWorld is a fully integrated solar technology company. Its core business is the development, construction and sale of photovoltaic systems, ranging from silicon, wafers, solar cells, modules and components to complete power plants. The company operates the first recycling site for photovoltaic modules in the industry.


Strengths/weaknesses profile:
Strengths:
oekom research's rating system classifies this company as a Potential. A prerequisite for recognition as a Potential is that a significant proportion of turnover be earned from sustainable products and services, in this case in the area of renewable energies.
Weaknesses:
Since potentials are generally small and medium-sized companies, their management structures for social and environmental issues are often less well developed.

Reasons for inclusion in the Index:
SolarWorld is one of the world’s top 3 suppliers of solar technology. The company is one of the few in this field to have detailed company guidelines on aspects such as social responsibility, human rights and occupational safety as well as a comprehensive code of conduct in the area of business ethics.