Midsummer continuously performs well in ESG risk rating from Sustainalytics
Midsummer stays in the lower risk spectrum in Sustainalytics’ latest ESG risk rating, thanks to its environmental focus, business ethics and staff safety. Compared to other companies within the same industry category Midsummer places 44th out of 224.
Midsummer’s ESG risk factors continue to be lower than industry average, performing best within product governance and carbon footprint. That means that Midsummer’s products are well controlled every step of the way from an ESG (Environmental, Social & Governance) point of view. Business ethics and safety for the employees are also getting good reviews.
- As a listed green tech company it is fundamental that our investors know that we are sustainable in everything we do, said Sven Lindström, CEO, Midsummer. Sustainability, for both people and the environment, is in our DNA and is actively considered every day.
The ratings are designed to help investors identify and understand ESG-related risks within their investment portfolios and how they might affect long-term investment performance.
Sustainalytics is a leading provider of ESG risk ratings and has evaluated Midsummer for the second year running. Midsummer’s risk rating is continuously at a low level and gets 23,4 of 100 in the overall review. Low numbers mean low risk.
The full report will be published shortly at sustainalytics.com.
For additional information, please contact:
Helena Engelbrecht
Head of Communications, Midsummer
E-mail: helena.engelbrecht@midsummer.se
Telefon: +46 73 532 25 29
About Midsummer
Midsummer is a leading developer and supplier of advanced solar energy technology solutions for the production and installation of thin film solar panels. Its business offering includes equipment for cost-effective manufacturing of thin film solar cells as well as building-integrated photovoltaic (BIPV) solutions. Midsummer’s production process for thin film solar cells has a minimal carbon footprint compared to other production processes for solar modules. Midsummer’s DUO system has taken the position as the most widespread manufacturing tool for flexible CIGS solar cells in the world.
Midsummer develops and markets solar panels directly to end customers from its own production and via contract manufacturers. The Midsummer Solar Roofs product range Midsummer SLIM, Midsummer WAVE and Midsummer BOLD offers customers light, thin and flexible solar panels that result in attractive solar roofs.
Midsummer’s technology is based on a rapid process for the production of durable, flexible CIGS solar cells using sputtering of all layers of the solar cell in a sealed vacuum chain. The Company’s share (MIDS) is traded on Nasdaq First North Premier Growth Market with G & W Fondkommission as Certified Adviser, phone: +46 (0)8-503 000 50, email: ca@gwkapital.se. For more information, please visit: midsummer.se
