Canadian Solar (CSIQ)

Overall impact
A (80)

Commentary

Canadian Solar is a leader for overall positive impact. With an 'A' rating of 80.1 for overall impact (94th percentile compared to all companies), Canadian Solar ranks 21st out of 70 industry peers, behind Solaredge Technologies, Sunrun, Sunpower and 17 others, and ahead of Unirac, ION Solar, Sky Solar and 46 others. On top material causes for Canadian Solar's industry (Alternative Energy), Canadian Solar performs well in Sustainable Use of Natural Resources (95.4 score), Renewable Energy Growth (95.0), Renewable Energy Growth (98.1) and 5 other causes where it received an 'A' score and performs poorly in Fair Labor Practices (30.5 score), Accountable Institutions (32.7), Lgbtq Equality (31.8) and 2 other causes where it received a 'D' or 'F' score.
Impact
Cause CSIQ
Peer rank
Overall impact

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Impact trend

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Company
Employees
22,234
Sector
Utilities
Industry
Semiconductors & Semiconductor Equipment
Sub-industry
Renewable Electricity
SASB industry
Solar Technology & Project Developers
Headquarters
On, Canada
Share classes
CSIQ
Description
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It offers standard solar modules and battery storage solutions; solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction (EPC) services, as well as operates battery energy storage projects. The Recurrent Energy segment engages in the development, construction, maintenance, and sale of solar power and battery storage projects; and operation of solar power plants; and sale of electricity. This segment provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. It has a fleet of solar and battery energy storage plants in operation with an aggregate capacity of approximately 1,005 MWp and 600 MWh. It serves distributors, system integrators, project developers, and installers/EPC companies, as well as utility companies or grid operators, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial or government end users. It sells its products primarily under its Canadian Solar brand name. Canadian Solar Inc. was incorporated in 2001 and is based in Guelph, Canada.
Material causes
Ethos considers the following causes material for Canadian Solar, based on its industry sub-industry Renewable Electricity. Learn more about material causes in our methodology overview.
Not available

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