Climate Change Data

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