Our vision at OPENAX is to enable more sustainable and accessible energy production for the future. We have placed sustainability at the heart of our Purpose and made a promise to advance a sustainable energy future for all.
Sustainability is in the DNA of OPENAX business strategy, shaping the approach we take towards environment, society, and our own governance in support of a just energy transition and is vital to the company’s Purpose of advancing a sustainable energy future for all.
Our sustainability strategy, updated in early 2024, sets out three strands for the actions we take: planet, people, and principles.
The strategy embraces key topics such as integrity, health and safety, human and worker rights, diversity and inclusion, ethical behavior, stakeholder and community engagement, and environment – everything that contributes to being a responsible corporate citizen while remaining a profitable, resilient, and sustainable business.
Transparency and accountability are central to the implementation of our strategy and our approach to disclosure.
Within our sustainability strategy’s strand of action – and in alignment with relevant SDGs, our high-impact commitments, and OPENAX’s guiding principles – are the following top targets:
Categories
-80% Scope 1+2 emissions (absolute), -55% Scope 3 emissions (intensity), carbon-neutral own operations
Yearly increase in our Service lifecycle value creation index
Top quartile (25%) within peer group, aligned with EU Taxonomy
Elimination of fatalities and life-changing injuries
25% women in workforce and manager roles by 2025
Contribute to education for the next generation
Integrity metrics
Capital expenditure (CAPEX) and research and development (R&D)
Yearly, based on spend
In early 2024 we revised our sustainability strategy in alignment with our OPENAX 2030 business approach and embedded global and stakeholder requirements. This newly updated strategy is derived from an extensive materiality exercise, international industry trends, benchmarks, and legislation. It also integrates stakeholders’ perspectives and priorities, which was consolidated in our Material Impact Assessment 2023.
This included updating our high-impact commitments and top targets as set out in our Sustainability 2030 strategy. Our sustainability efforts align with leading protocols and the UN’s Sustainable Development Goals (SDGs) .
Our DNA strands for action mirror sustainability’s approach to environmental, social and governance performance (ESG), also building on the wider corporate social responsibility (CSR) discipline. Within each strand, we have top targets underpinned by a series of internal key performance indicators (KPIs) to which all parts of OPENAX contribute.
Contribute to 1000 Mt avoided emissions
Continue to increase GW of renewable power enabled
Contribute to closing the gap of those without access to electricity
+10 million people with raised electricity and energy awareness
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By establishing a scientific and efficient decision making mechanism, we promote the healthy, stable and sustainable development of the company.
In strict accordance with the Enterprise Law of France and Europe, the Securities Law of France and Europe and the Corporate Governance Code for Companies, we continuously optimize our corporate governance.
OPENAX has developed a comprehensive ESG (environmental, social and governance responsibility) policy and management system including a Supplier Code of Conduct that all suppliers must sign and conduct due diligence to ensure compliance.
OPENAX has established a fully environmental management system to reduce our carbon emissions, combating the challenges of climate change.
OPENAX innovates from the customer's perspective to ensure products lead the industry in efficiency, performance and quality, maximizing customer value.
OPENAX integrated sustainable development into the supply chain, continuously reducing the environmental and social risks of the overall industry chain.
Abide by labor laws and policies, we strive to build harmonious labor relations and share the development achievements with employees and society.
As a company, OPENAX is currently committed to implementing specific Sustainable Development Goals (SDGs) also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity. The focus is on energy and the environment.
"Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs."
Sustainability is the foundation for today’s leading global framework for international cooperation—the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs). In June 2022, environmental leaders from around the world met to take stock of where we've been and where we are heading, with the goal of galvanizing momentum for the UN Decade of Action for achieving the SDGs.
With the implementation of the SDGs, OPENAX seeks to ensure that the share of renewable energies in the global energy mix is significantly increased, that the availability of electricity can be realized worldwide with new PV technologies, and that a large proportion of the raw materials used are fully recycled as well as processed in a way that conserves resources. We are setting new standards in terms of sustainability and are together heading towards a livable and peaceful future.
No Poverty
Zero Hungry
Good Health and Well-Being
Quality Education
Gender Equality
Clean Water ad Sanitation
Affordable and Clean Energy
Decent Work and Economic Growth
Industry, Innovation and Infrastructure
Reduced Inequalities
Sustainable Cities and Communities
Responsible Consumption and Production
Climate Action
Life below Water
Life on Land
Peace and Justice Strong Institutions
Partnerships for the Goals
As an innovative and sustainable company, OPENAX benefits from active employee participation. Our goal is to provide a working environment that motivates our employees to give their best and move our company forward together. We welcome the active and constructive participation of employees in all decision-making processes within the company.
OPENAX considers the diversity of its workforce as one of its most important assets, as it reflects the diversity of our customers and other stakeholders. OPENAX respects the privacy and personal integrity of all employees - all employees are treated fairly and equally.
In line with the UN Sustainable Development Goal "Health and Well-being", ensuring a safe working environment and the health of all employees is of paramount importance to OPENAX.
We also attach great importance to a safe and hazard-free working environment in PV production as well as in all other business areas. We therefore comply with local health and safety regulations at all sites without exception.
Having great confidence and a sense of responsibility for its products, OPENAX offers a full warranty on panels for the 30-year term of the contract with IPTO.
The products are designed and manufactured, using top quality materials and adhering to all safety protocols under the strictest European Technical Specifications.
The panels of OPENAX are manufactured according to the most state-of-the-art and strict global and European specifications. Using shingled technology and construction quality that prevents Micro-Cracks, the company guarantees the long-term performance of photovoltaic panels with high resistance to wind pressure, snow load, dust, fire, salt and chemical corrosion. According to IEC 61215, IEC 61730, CE, IEC 62716 AMMONIA and IEC 61701 Salt Mist standards.
The OPENAX Inverters comply with the highest protection index (IP65/IP66) and safety standards. They have protection against electric shock, fire and mechanical hazards according to the IEC/EN 62109-1-2 standard. In addition, they have protection against the islanding effect and Electromagnetic Compatibility Certification, having passed the tests according to the IEC/EN 61000 standard.
The range of Batteries OPENAX have protection and safety certifications after having passed the tests according to global and European standards IEC62619, IEC60730, IEC62040, CE and UN38.3.
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