Supply Chain

Ensuring an ethical and responsible solar supply chain is fundamental to achieving our mission. We are committed to being at the forefront of efforts to proactively promote sustainable sourcing within the solar industry.

Responsible supply chain principles

A key focus of our work is to promote supply chain transparency. Unravelling the complexity of supply chains requires both addressing social risks (e.g., human rights and labour conditions) and taking broader environmental (e.g., carbon footprint and biodiversity interdependencies) and governance considerations into account.

We have developed a robust and holistic responsible sourcing approach to address ESG topi cs within our value chain. It is based on three principles set out below.

  • Ensuring our supply chain policies meet and exceed relevant national and international standards
  • Carrying out comprehensive due diligence, and detailed engagement with our supply chain partners to increase the traceability and visibility of our supply chain, including upstream impacts on nature
  • Supporting industry action to drive best practice, and learning from other supply chain experts

For more details about each one, please refer to our Responsible Supply Chain Sustainability document.

Leading industry action

Building a more resilient solar supply chain involves a wide range of stakeholders, including investors, suppliers, regulators, industry associations, and civil society. NextEnergy Capital is at the heart of relevant industry initiatives, notably the Solar Stewardship Initiative (SSI), a major supply chain achievement of which NextEnergy Capital is a founding sponsor and supporter.

More details about the SSI and NEC’s involvement, can be found here.  NextEnergy Group’s Head of ESG is a Member of the SSI Board, and one of NEC’s ESG Analysts has been appointed to the SSI’s Traceability Technical Working Group.

We acknowledge that end-to-end supply chain traceability and full transparency are challenges which will take time to overcome. However, we are confident that our Responsible Supply Chain commitments put us in a strong position to accelerate the wider solar industry’s journey to achieve sustainable and ethical sourcing globally.

ESG FOCUS AREAS

Learn more about our focus areas and our commitment to a sustainable future.

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