Namaste Solar
Climate Impact & Sustainability Data (2017, 2018, 2019, 2022)
Reporting Period: 2017
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Employee Ownership
- Community Philanthropy
- Renewable Energy
Environmental Achievements
- Completed numerous large-scale solar projects (e.g., 2.3 MW system at National Renewable Energy Laboratory, 2 MW single-axis tracker for Ecoplexus)
- Installation of over 30 MW of installed DC capacity
Social Achievements
- Employee-owned cooperative
- Commitment to community philanthropy
- Recognition as a Best for the World: Best for Workers – B Corporation (multiple years)
- Numerous awards for best workplace
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: B Corp
Certifications: NABCEP
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Best Solar Energy Provider – Daily Camera (multiple years)
- Best for the World: Best for Workers – B Corporation (multiple years)
- Best Places to Work – Outside Magazine (multiple years)
- Solar Power World Top Contractors
- Most Democratic Workplaces – WorldBlu
- B Corp Champion
- Business Innovator of the Year
- 2012 Gold People’s Choice Awards: Best Solar Provider Daily Camera
- Top Small Company Workplaces - Inc. Magazine & Winning Workplaces
- Boulderganic: Innovation in Business
- Blue Ribbon Small Business Award
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Renewable Energy
- Environmental Stewardship
Environmental Achievements
- Installed solar arrays on commercial properties, reducing energy costs and carbon emissions.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Solar energy systems
Awards & Recognition
- Not disclosed
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Responsible use of solar energy
- Conscientious business practices
- Holistic wealth creation for employees and community
Environmental Achievements
- Installed 23.48 MW of solar generating capacity, equivalent to preventing 69,543 barrels of oil consumption.
- Repaired nearly 1,000 solar systems.
- Became carbon neutral by purchasing carbon credits and solar renewable energy certificates to offset Scope 1 and Scope 2 emissions.
- Committed to Net Zero by 2030.
Social Achievements
- Launched first employee engagement survey and implemented improvements based on feedback.
- Held unconscious bias seminars and Right Use of Power workshops to promote diversity and inclusion.
- Hosted Art + Sol event in the Sun Valley community.
- Partnered with Denver Public Schools on career development programs.
- Implemented Volunteer Time On (VTO) program, encouraging employees to volunteer 1% of their work hours.
- Became an employee-owned cooperative.
Governance Achievements
- Created a Stakeholder Code of Conduct.
- Joined Good Business Colorado and advocated for public policy.
- Revamped compensation program with a pay matrix to reduce bias and inequity.
- Maintained a 4.2-to-1 pay ratio (maximum 6-to-1).
Climate Goals & Targets
Medium-term Goals:
- Net Zero by 2030
Environmental Challenges
- Legislative challenge regarding the federal solar tax credit extension.
- Ethical dilemma involving a customer potentially violating human rights.
- Addressing Scope 3 emissions for Net Zero 2030 goal.
Mitigation Strategies
- Lobbying efforts to support the extension of the federal solar tax credit.
- Creation of a Stakeholder Ethics Task Force and Stakeholder Code of Conduct; ceasing business with the customer.
- Formation of a Sustainability Committee to identify and address relevant Scope 3 emissions.
Supply Chain Management
Responsible Procurement
- Stakeholder Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: B Impact Assessment (BIA)
Certifications: Certified B Corporation
Third-party Assurance: B Lab
Awards & Recognition
- Company of the Year (Denver Public Schools)
- Platinum Partner (Denver Public Schools)
Reporting Period: 2022
Environmental Metrics
Waste Generated:5,930 tons recycled
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Governance
Environmental Achievements
- Installed 29,522 solar panels, equivalent to the environmental impact of 283,354 trees grown for 10 years, 5,930 tons of waste recycled, or 3,334 homes' electricity use for one year.
- Repaired over 613 solar systems.
- Installed EV charging stations providing 22.6 MWh of energy.
Social Achievements
- Achieved bronze-level certification through the SEIA’s DEIJ Certification Program.
- Continued partnerships with Center for Radical Connection and Out Boulder County for JEDI trainings.
- Welcomed five new co-owners and 15 new candidates on the track to co-ownership.
- Employees completed 4,824 hours of electrical apprenticeship training.
- Paid patronage dividend to full-time co-owners.
- Declared a dividend to external investors.
- Donated to Lockwood Foundation, Red Cloud Renewable Energy, Longmont Community Justice, Dance To Be Free, and Denver Community Fridges through Community Profit Sharing.
- Employees spent upwards of 480 hours volunteering through VTO.
- Raised $100,000 for Keep the Lights on Colorado campaign, supporting 400 families.
- Namaste Solar employees volunteered 150 hours to support six high school students through a mentorship program.
Governance Achievements
- Maintained Certified B Corporation status.
- Earned Best for Workers designation.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: B Corp
Certifications: Certified B Corporation