8 September 2020: Today, The Governance Group published its annual analysis of ESG reporting – ESG 100 – rating the 100 largest companies on the Oslo Stock Exchange. Scatec Solar was rated A, placing the Company in the top category among companies excelling at ESG reporting.

“We are incredibly proud to be rated A in this year’s ESG 100 analysis. Sustainability is at the core of everything we do, and sound ESG reporting is vital to us. We analyse risks and impacts within all sustainability aspects, and we are open about what we still need to improve. Our placement in the top category on the list reflects that sustainability is a priority in everything we do”, says Raymond Carlsen, CEO of Scatec Solar.

Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. While contributing to reducing emission is at the core of Scatec Solar’s business model, sustainability is also integrated in all operations and is closely monitored and reported.

“We are constantly working to improve our sustainability efforts and reporting and we have colleagues working systematically with sustainability in all of our projects. Last year, we ramped up our climate reporting by reporting to the Carbon Disclosure Project. This year, we are setting ambitious emissions reduction targets and expanding our climate risk work”, says Roar Haugland, EVP of Sustainable Business & HSSE.

This is the third time The Governance Group analyses and rates how the 100 largest corporations on Oslo Stock Exchange report on ESG issues. The extensive analysis is evaluating information on 14 indicators related to environment, social and governance reported by the companies. The full report can be downloaded here (Norwegian version).

Read more about how Scatec Solar works with ESG on our website and in our Sustainability Report.

For further information, please contact:
Ingrid Aarsnes, VP Communication & IR
Tel: +47 950 38 364, email: ingrid.aarsnes@scatecsolar.com     

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1.6 GW. The company has a total of 1.9 GW in operation and under construction on four continents.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 4.5 GW in operation and under construction by end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SSO’. To learn more, visit www.scatecsolar.com.