Vikram Solar Retains EcoVadis Platinum Rating, Joins Global Top 1 Percent for Sustainability Excellence

Vikram Solar, a solar PV module manufacturing company, has been awarded the EcoVadis Platinum Medal for 2026, one of the highest ratings issued by the global sustainability assessment leader, and the second consecutive year Vikram Solar has earned it. This year, the company improved its overall score to 88/100, up from its previous year’s score of 84/100.

This score places Vikram Solar in the 99th percentile of all companies assessed by EcoVadis, among the top 1 percent worldwide. Notably, Vikram Solar raised its score across all four assessment themes year on year — Environment, Labour & Human Rights, Ethics and Sustainable Procurement.

Gyanesh Chaudhary, Chairman and Managing Director, Vikram Solar, said, "Earning the EcoVadis Platinum Medal for a second consecutive year, and improving our score across every vertical, tells us that sustainability at Vikram Solar is not a one-time achievement but a discipline we practise every day. To be placed among the top 1 percent of companies worldwide, once again, affirms that responsible manufacturing and long-term value creation are one and the same pursuit. Over the past year, we have deepened that commitment in measurable ways, including the launch of our first Annual Sustainability Report for FY26."

The rating is underpinned by a year of concrete progress across Vikram Solar's sustainability agenda. The Company's first Annual Sustainability Report highlights several key milestones, including the completion of a Life Cycle Assessment (ISO 14040 and ISO 14044) and a Product Carbon Footprint assessment (ISO 14067) for its Hypersol module, along with the independent verification and assurance of its greenhouse gas emissions in accordance with ISO 14064.

The company has also secured the ISO 50001:2018 energy management system certification across all its manufacturing sites. Over the year, it recorded measurable improvements in water reuse and recycling, in greenhouse gas intensity through backward integration and indigenous upstream sourcing and in the adoption of EVs and self-reliance. The company has also strengthened circularity in line with Extended Producer Responsibility (EPR) norms and various resource conservation initiatives through the year.