Shoals Technologies Group, Inc.
Industry Group: Electrical Equipment
Country/Region: United States of America
Identifier: NAS:SHLS
Shoals Technologies Group Inc is a provider of electrical balance of system or EBOS solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement and construction firms that build solar energy projects. In 2022 the company entered the electric vehicle charging market.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Electrical Equipment 142 out of 317
Universe
Global Universe 7819 out of 16421
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Vicor Corp. |
22.8
Medium
|
113 out of 317 |
| Shoals Technologies Group, Inc. |
24.5
Medium
|
142 out of 317 |
| Jiangsu Haili Wind Power Equipment Technology Co., Ltd. |
30.3
High
|
276 out of 317 |
| Jiangsu Cnano Technology Co., Ltd. |
30.3
High
|
277 out of 317 |
| Sineng Electric Co., Ltd. |
32.3
High
|
299 out of 317 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.