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Nextracker Releases Fiscal Year 2025 Sustainability Report
Second annual report highlights progress on ESG disclosure frameworks and the company’s ongoing commitment to transparency and accountability FREMONT,
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Second annual report highlights progress on ESG disclosure frameworks and the company’s ongoing commitment to transparency and accountability FREMONT, Calif.--(BUSINESS WIRE)-- Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today published its fiscal year 2025 Sustainability Report, highlighting significant progress in advancing the company’s environmental, social, and governance (ESG) initiatives across its global operations. This second annual publication reinforces the company’s commitment to building a more sustainable, inclusive, and transparent energy industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250818698572/en/Second annual report highlights Nextracker's progress on ESG disclosure frameworks and ongoing commitment to transparency and accountability (Photo: Nextracker) The report aligns with the Sustainability Accounting Standards Board (SASB) standards for the Electrical and Electronic Equipment industry and provides disclosures in reference to the Global Reporting Initiative (GRI) framework. It also includes Nextracker’s Task Force on Climate-related Financial Disclosures (TCFD) index, reaffirming the company’s commitment to continuous annual improvement in climate risk transparency and accountability. “Together with our customers, investors, partners, and employees, we are building a resilient and sustainable future,” said Dan Shugar, founder and CEO of Nextracker. “This report is not only a record of demonstrated progress, but a reaffirmation of our responsibility to lead by example in the energy sector.” FY25 Sustainability Highlights: Responsible Products and Supply Chain Introduced NX Foundation Solutions, including NX Anchor™, improving solar deployment across all soil types Introduced its NX Horizon™ low carbon tracker (LCT) systems, reducing tracker-related carbon emissions by up to 35% Achieved ISO 9001 certification for quality management across operations in Brazil, India, and the U.S. Greenhouse Gas (GHG) Emissions and Resource Efficiency Committed to setting near-term targets in line with the Science-Based Targets (SBTi) framework, a globally recognized framework to set GHG reduction targets Published the company’s first Task Force Climate Financial Disclosure (TCFD) index, based on a climate risk assessment, a key milestone ensuring com...