Maxeon Solar Technologies has released its first sustainability report.

The Sustainability Report aligns Maxeon’s ambitions and long-term goals with the United Nations Global Compact’s Ten Principles and the UN Sustainable Development Goals.

Maxeon presents its ESG performance through the lens of the company’s ‘Material Topics’. These were selected through an extensive materiality assessment exercise covering stakeholders including employees, community partners, customers, governmental agencies and regulators, investors, suppliers, as well as Maxeon’s Board of Directors and Executive Leadership Team. This approach provides both bottom-up inputs and top-down validation.

“Sustainability is a journey. And to begin ours at Maxeon, we have leveraged the best corporate sustainability practices to formulate our strategy and alongside our passionate employees, we have identified the issues we can contribute to most,” said Lindsey Wiedmann, Chief Legal Officer and Global ESG Executive Leader. “During our materiality assessment exercise, it was important to hear and act on the views of our stakeholders, as their input leads to the creation of shared value. We know that our company will be much more effective in achieving our ESG goals with a collective engagement across the organization and with our customers, suppliers and investors.”

The Sustainability Report has been prepared in accordance with the Global Reporting Initiative Sustainability Reporting Standards, Core option, aligned to the Sustainability Accounting Standards Board, and the Singapore Exchange’s Sustainability Reporting requirement.

The Sustainability Report can be found at https://corp.maxeon.com/esg/sustainability-report-2020.