Sustainability
Since its inception in 2022, Peridot Solar has embraced a vital sustainability mission, aiming to become a leader in the energy transition process. Our purpose is to tackle future renewable energy challenges through responsible investments, environmental protection, well-being enhancement, and value creation for both our shareholders and stakeholders.
Environmental, Social, and Governance (ESG) factors can materially impact investment outcomes. As long-term investors, we believe that prioritizing ESG considerations throughout the investment lifecycle allows us to mitigate undue risks and better identify valuable opportunities. Integrating ESG analysis into our investment process ensures alignment with the interests of our stakeholders, shareholders, and their beneficiaries. Our goal is not only to meet market and investor expectations but also to become best in class through a continuous enhancement of our ESG strategy and action plan.
These values are shared and embraced at every level of our organization and are implemented, by the internal ESG Committee, through tangible, measurable, and transparent initiatives, clearly communicated to our investor partners and stakeholders.
Our Vision and Mission
At Peridot Solar, we have seamlessly integrated the United Nations’ Sustainable Development Goals (SDGs), established in September 2015, into our core business strategy. The 17 SDGs outlined in the 2030 Agenda aim to achieve a sustainable future for both people and the planet over the medium term. These goals are interconnected and address complex global challenges that require the active participation of all sectors of society, including governments, businesses, civil society, and individuals.
By embedding these goals into our operations, we are not only committing to sustainability but also recognizing the substantial business opportunities they present. The SDGs drive us to innovate, fostering the development of new strategies and business models that are attuned to a world undergoing rapid and profound transformation. This integration enables us to remain competitive, resilient, and forward-thinking in an ever-evolving market landscape.
Sustainable Development Goals
Peridot Solar mandates that all staff members uphold the highest standards of impartiality and honesty in all company-related matters and their respective roles. These principles are crucial not only for the success of our business operations but also for cultivating a positive and ethical workplace culture that benefits everyone.
We have established our comprehensive Code of Ethics and Business Conduct, an essential guide that provides detailed information, support, and resources to assist our employees and partners in acting ethically according to company’s ethical standards.
Our Code of Ethics and Business Conduct is a strategic framework that directs our daily actions and decision-making processes. It is meticulously designed to ensure that each team member comprehends their responsibilities and recognizes the significance of their conduct in upholding the integrity and esteemed reputation of Peridot Solar.
Ethics and Compliance
Peridot Solar firmly condemns any form of corruption, recognizing that it is not only an illegal practice but also a significant impediment to sustainable development, a distortion of fair competition, and a destroyer of corporate reputation.
Therefore we unequivocally prohibit any conduct that may facilitate or promote corrupt practices and/or money laundering activities. To combat these threats, we have implemented a comprehensive and structured system of rules and controls that include rigorous compliance measures, regular audits, employee training programs, and dedicated organizational safeguards, all designed to prevent bribery offenses and ensure adherence to legal and ethical standards.
These principles are explicitly outlined in our Anti-Bribery and Corruption Policy, which is an integral component of our Code of Conduct. This Policy is essential for promoting a business model that prioritizes integrity, fairness, and transparency.
Anti Bribery and Corruption
Peridot Solar recognizes the crucial role that suppliers play in the company’s value chain and consider them as vital extensions of its own business. Consequently, the company is unwavering in its dedication to ensuring that these high ethical standards permeate every tier of the supply chain.
These partnerships are built on pillars of trust, mutual respect, and a shared commitment to responsible conduct. Such alliances not only mirror the company’s ethical ethos but also serve as a safeguard against inadvertent involvement in unlawful, unethical, or unsustainable practices. Peridot Solar acknowledges that any association with such practices could jeopardize the well-being of the business, its employees, customers, and other stakeholders alike.
Peridot Solar communicates its stringent standards through its Supplier Code of Conduct and its Responsible Sourcing Policy. These documents require all suppliers to unreservedly embrace and uphold these principles as an indispensable precondition for conducting business with the company.
Supply Chain and H&S
Peridot Solar maintains a steadfast zero-tolerance stance against the use of child or forced labor within its operations and refuses to engage in business with contractors, subcontractors, business partners, or vendors who do not align with these fundamental values. This commitment extends throughout the supply chain, ensuring that every entity involved shares in the responsibility to uphold human rights and dignity. These principles are enshrined in various Group policies crafted to manage and mitigate the risks associated with modern slavery and human trafficking in our business operations.
As part of our ongoing dedication to transparency and accountability, Peridot Solar pledges to annually publish a Modern Slavery Statement. This statement serves as a testament to our enduring commitment to combatting modern slavery and human trafficking, while also outlining our progress, initiatives, and areas for improvement.
Human Rights and Modern Slavery
Peridot Solar is committed to fostering diversity and ensuring equal opportunities for all members of its workforce. We condemn all forms of discrimination, harassment, and bullying and we believe that by valuing diversity, we can unlock the full potential of our employees and drive innovation and success throughout our organization.
Our Diversity, Equity and Inclusion Policy underscores this commitment, serving as a blueprint for creating an inclusive work environment where every employee and worker can thrive and make their fullest contribution. Through this policy, we strive to eliminate barriers to success and create pathways for individuals from all backgrounds to excel in their careers.
By upholding these principles, Peridot Solar not only promotes fairness and equality but also cultivates a culture of trust, respect, and collaboration.
Diversity Equity and Inclusion
A professional career ought to make a substantial contribution to an individual’s holistic wellbeing, by cultivating a strong sense of identity, presenting intellectual challenges, nurturing skill advancement, fostering new relationships, and instilling a sense of accomplishment. At our organization, we are steadfast in our commitment to prioritizing the health and wellbeing of our employees.
We strive to cultivate a workplace culture that empowers individuals to actively enhance their health and wellbeing during their time at work. Our objective is to introduce tailored workplace health and wellbeing initiatives, recognizing their positive influence on overall health and attendance.
Wellbeing
Peridot Solar is committed to identifying, evaluating, mitigating, and, where possible, avoiding any negative impacts of its projects on the local environment and communities. We aim to ensure that our operations enhance and strengthen the social environment in which we operate measuring the success of our initiatives also on the environmental impact and the quality of our relationships with local communities and stakeholders.
We believe that true success is achieved when our projects contribute positively to the social fabric and environmental health of the areas we serve. By fostering open dialogue and collaboration with community members and stakeholders, we ensure that our projects are aligned with their needs and aspirations. This approach allows us to build trust and create lasting partnerships that benefit both our company and the communities involved.
Environmental and Social Commitment
Peridot Solar believes that establishing a robust, accountable, and transparent internal governance framework is fundamental to achieving a successful and sustainable business strategy. To this end, we are committed to implementing comprehensive governance procedures across all levels of our organization ensuring effective oversight and accountability mechanisms in place.
A strong governance is not just about compliance; it is about building trust and credibility in the marketplace. Our governance framework includes rigorous internal audits, clear policies and procedures, and continuous training for our employees to uphold the highest standards of ethics and business practices. Furthermore, we are dedicated to regular reviews and improvements of our governance structures to adapt to evolving industry standards and regulatory requirements.