Better Health for All

Photon Energy's core business, encompassing solar power and water solutions, delivers substantial health benefits. In 2024, the company generated 162.8 GWh of clean electricity, avoiding 66,682 tonnes of CO2e emissions, and 139.8 GWh in 2023, avoiding 58,286 tonnes of CO2e.

Its water treatment projects in Peru provided safe drinking water to small municipalities, addressing contamination from arsenic, lead, and mercury. The company's PFAS removal technology achieves over 99.5% efficiency. The company reports 100% of its revenue is connected to sustainable value creation, with no accidents reported in 2023 or 2024, and no incidents impacting neighboring communities. It aims to provide affordable clean energy and water, with water treatment projects in Peru receiving a 50% subsidy. The company targets small and medium-sized municipalities in Peru, reaching areas where up to 40% of the population lacked water supplies. It maintains strong risk transparency through public websites for projects and a misconduct reporting policy. Photon Energy invests in health innovation, developing nano-remediation technology for PFAS and collaborating with academic institutions on water treatment. It conducts environmental impact studies and aims to enhance biodiversity, generating positive health externalities. The company supports employee healthcare benefits and provides ongoing health and safety training. It actively promotes preventative health by providing clean water and energy, and educates local populations on safe drinking water. The company has policies for sensitive data protection and implemented a cybersecurity training program in 2024. It sponsored a team for the Sydney City2Surf, supporting mental health charities.

Fair Pay & Worker Respect

In 2024, the CEO's total annual compensation was 11.48 times the median employee compensation.

The company reported zero fatalities and zero lost-time injuries from 2020 to 2024, with zero accidents in 2022, 2023, and 2024. The Gender Pay Gap ratio was 7.9% in 2024. An employee engagement survey in September 2024, with over 65% participation, showed 59% of employees agreed health and safety training was adequate, 56% strongly agreed to equal opportunities without discrimination, and 57% agreed equal opportunities for women exist in pay, promotions, and leadership roles. The voluntary employee turnover rate was 23.5% in 2024 and 35.4% in 2023. The company has a misconduct reporting channel and an Anti-Bribery & Anti-Corruption policy, and reported no legal actions due to anticompetitive behavior or antitrust violations in 2024.

Fair Trade & Ethical Sourcing

The company reports zero substantiated child or forced labor incidents, with a stated zero-tolerance policy and a commitment to halt business with any supplier found in violation.

Strong supplier monitoring systems are indicated by a three-stage screening process and continuous monitoring. All contracted suppliers, representing 100% of the total, signed the Third-Party Code of Principles in 2024, which includes clear ethical sourcing clauses. This document has been integrated into contracts since 2022, ensuring robust ethical terms. However, less than 5% of suppliers are mapped beyond tier 1, with the company stating it uses its best efforts to ensure business partners adhere to principles, but not providing specific multi-tier traceability data.

Kind to Animals

Photon Energy NV is a solar power solutions and services company. Its core business activities, which include developing, building, and operating solar power plants, providing O&M services, and offering energy storage solutions, do not involve animal-derived products, animal testing, animal agriculture, or animal-related supply chains. Therefore, all KPIs under the 'Kind to Animals' value are not applicable to the company's operations, resulting in a score of 0 for each. While the company's 2024 Sustainability Report mentions 'biodiversity initiatives, including collaborations with the Czech University of Life Sciences Prague,'

no specific, measurable data on wildlife conservation impact, such as species recovery or habitat restoration metrics, or the percentage of revenue allocated to these initiatives, is provided to score the 'wildlife_conservation_impact' KPI, leading to its omission.

No War, No Weapons

No evidence was found in the provided articles to assess P7V.XETRA against any of the 'No War, No Weapons' KPIs. The articles discuss general quantum technology, US and China quantum industrial bases

, potential military applications of quantum technologies , and solar contracts awarded by the Defense Department to other companies , but none contain specific, concrete data points pertaining to P7V.XETRA's involvement in any military, defense, or peace-related activities.

Planet-Friendly Business

The company's total Scope 1, 2, and 3 greenhouse gas emissions in 2024 were 1,218 tCO2e, which represents a 176.57% increase from 2023.

All of the company's revenue is connected to activities that create sustainable value to the environment, and it generated 162.8 GWh of clean energy in 2024, avoiding 66,682 tonnes of CO2e emissions. One office in Romania earned a BREEAM certificate 5-star rating in 2022. The company diverts recyclable materials like metal, wood, plastic, glass, and paper, and partners with EKO-KOM for recycling over 80% of single-use packaging annually. No environmental compliance violations were reported in 2023 or during construction, operation, and maintenance of PV power plants. Environmental impact assessments are carried out for larger projects, and potential negative impacts are identified for all project sizes. The company subjects 100% of its technology suppliers to due diligence and requires them to sign a Third-Party Code of Principles. It also collaborates with the Czech University of Life Sciences Prague to enhance biodiversity at photovoltaic power plants, including planting native shrubs and creating habitats at the FVE Komorovice power plant.

Respect for Cultures & Communities

The company reported no significant actual or potential negative impacts on communities in both 2022 and 2023.

This indicates no reported cultural appropriation incidents and no reported disruptions to cultural or heritage sites during these periods.

Safe & Smart Tech

The company's privacy policies state that users have rights to access, rectify, erase, restrict processing, and data portability of their personal data, indicating excellent privacy controls and comprehensive data management options.

The company also explicitly states that its personal data processing is conducted in accordance with the General Data Protection Regulation (GDPR).

Zero Waste & Sustainable Products

Photon Energy Group reported no waste disposal violations or citations in 2024 and no significant violations in 2023, indicating strong compliance over the past two years.

The company states it complies with all applicable environmental, health, and safety regulations. The average lifespan of solar panels, which are the company's core product, is 30 years, exceeding the typical industry lifespan of over 25 years.