First Solar (FSLR)

Overall impact
A (87)

Commentary

First Solar is a leader for overall positive impact. With an 'A' rating of 87.2 for overall impact (98th percentile compared to all companies), First Solar ranks 24th out of 133 industry peers, behind Legence, Polaris Renewable Energy, Adani Green Energy and 20 others, and ahead of Crusoe, O.S. Energy, FTC Solar and 106 others. On top material causes for First Solar's industry (Independent Power and Renewable Electricity Producers), First Solar performs well in Clean Water Access (90.7 score), Sustainable Use of Natural Resources (95.1), Healthy Oceans (95.4) and 30 other causes where it received an 'A' score and performs poorly in Affordable, Safe Housing (32.3 score), Equal Pay and Opportunity (30.8), Decent, Safe Work Opportunities (28.9) and 2 other causes where it received a 'D' or 'F' score.
Impact
Cause FSLR
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Company
Founded
2003
Employees
8,100
Sector
Utilities
Industry
Independent Power and Renewable Electricity Producers
Sub-industry
Renewable Electricity
SASB industry
Solar Technology & Project Developers
Headquarters
Az, United States
Share classes
FSLR
Mission
To create enduring value by enabling a world powered by clean, affordable solar electricity.
Description
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
Material causes
Ethos considers the following causes material for First Solar, based on its industry sub-industry Renewable Electricity. Learn more about material causes in our methodology overview.
Not available

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