RESPONSIBLE BUSINESS PRACTICES IS FOUNDATIONAL TO OUR COMPANY.
I am extremely proud to introduce Shoals Technologies Group's inaugural Environmental, Social, and Governance (ESG) report. This report marks our first year as a public company, following our IPO on January 27, 2021. Since our founding in 1996, Shoals has had an unwavering commitment to quality, reliability, and safety in the products we develop and deliver for our customers. As a tier-1 supplier to the solar, energy storage, and eMobility sectors, our commitment to sustainability and responsible business practices is foundational to our Company.
This year marks the first time we have considered the rigors of the Sustainable Accounting Standard Board (SASB) Standards and the specific lens of the United Nations Sustainable Development Goals (UN SDGs) to analyze our ESG approach, setting a first benchmark for our Company. We are proud of our initial ESG accomplishments and are excited to share them with you. We also expect our ESG performance to get even better in the coming years, as we continue to operate our business with a critical eye to these ESG metrics.
We invite you to learn more about our Company and our approach to sustainability in the following pages. Lastly, I wish to express my gratitude to our employees, customers, partners, shareholders, and other stakeholders for their ongoing support.
Sincerely,
Jason Whitaker
President & CEO
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SHOALS TECHNOLOGIES GROUP 2021 ESG REPORT
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Who We Are
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SHOALS TECHNOLOGIES GROUP 2021 ESG REPORT
Shoals Technologies Group, Inc.
its subsidiaries (Shoals or the Company) are a collection of engineers & solar evangelists, curious minds & collaborators, optimists & advocates of sunnier days.
In equal measures, we challenge and support each other to design, develop, and deliver solutions that have the potential to change the world.
CEO LETTER
WHO WE ARE
OUR APPROACH
ENVIRONMENTAL
SOCIAL
GOVERNANCE
OUR FUTURE
APPENDIX
Our Mission
Our Vision
Develop innovative solutions that make electrical balance of systems (EBOS) installation simpler, faster, safer, and more reliable to reduce the Levelized Cost of Energy (LCOE).
Continually drive to create a brighter future for our clients, our team, and the wider world of possibilities. Pursue simple ideas with a determination to make solar, storage, and electric vehicle (EV) charging a more affordable and viable choice for people and communities everywhere.
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2021 HIGHLIGHTS
26
Years of
~700
Experience
Plants
Employees
20
40+
Cumulative Issued Patents
Gigawatt Under Contract
Shoals is Inventing Simple®. We are the leading EBOS provider for solar, energy storage, and eMobility.
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Shoals Technologies Group Inc published this content on 15 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 December 2022 11:45:08 UTC.
Shoals Technologies Group, Inc. is a provider of electrical balance of system (EBOS) solutions for solar, battery storage, and electric vehicle charging infrastructure. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components that it produces include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes and battery energy storage systems (BESS) cabinets. It designs, manufactures, and sells system solutions for the two types of wiring architectures used by the United States solar industry: homerun and combine-as-you-go. Its solar O&M product offering, Snapshot IV, monitors the specific voltage and current of individual solar panels and compares the results against the manufacturerâs claimed/projected performance. It is also engaged in providing e-mobility solutions.