Waaree Energies Earns EcoVadis Gold, Becomes India’s First Solar PV Manufacturer To Rank In Top 5% For ESG

Waaree Energies, India’s largest solar PV module manufacturer and a global leader in clean energy, has earned the prestigious EcoVadis Gold Medal—becoming the first Indian solar PV manufacturer to receive this honor. With a 97th percentile ranking, Waaree now stands among the top 5% of companies worldwide recognized for their environmental, social, and ethical business practices, reaffirming its commitment to sustainability and responsible corporate leadership.

This recognition goes beyond industry prestige. The EcoVadis certification enhances Waaree’s global reputation, strengthens its appeal to ESG-focused partners, and opens new market opportunities. The rigorous evaluation process also helps identify potential risks in environmental, social, and governance (ESG) areas while promoting sustainable operations. By optimizing resource management and reducing waste, the company not only contributes to environmental conservation but also achieves long-term cost efficiencies.

Dr. Amit Paithankar, Whole-time Director & CEO, Waaree Energies Ltd. said in a statement, “It’s an important milestone in the journey of sustainable future, being the first Indian solar PV manufacturer to receive this honour reflects our deep-rooted commitment to embedding sustainability at the heart of everything we do- from the products we create to the partnerships we nurture. While placing us among the global ESG elites, this sets a new precedent for India’s solar manufacturing ecosystem. This achievement strengthens our position as a trusted global partner and a torchbearer of responsible solar manufacturing for the world.”

Mr. Prabhu Narayan Singh, Chief Sustainability Officer, Waaree Energies Limited commented, “At Waaree Energies, sustainability is not an afterthought- it’s embedded into every facet of our operations, from product innovation to supply chain practices. As India’s only solar PV manufacturer to achieve this distinction, we are not just setting new ESG benchmarks but reshaping how clean energy is produced – responsibly, ethically, and with long-term impact in mind. This milestone fuels our commitment to creating a transparent, resilient, and net-zero-ready ecosystem that empowers a greener future.”

Waaree’s commitment to sustainability extends across the entire solar value chain—from sourcing and manufacturing to installation. The company recently secured Environmental Product Declaration (EPD) certification for its low-carbon solar modules, further cementing its leadership in green energy. This milestone sets a new benchmark, proving that Indian manufacturing can compete globally—not just in scale, but in sustainability excellence.