FTC Solar, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:FTCI
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S. manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 442 out of 962
Universe
Global Universe 5024 out of 15120
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
FTC Solar, Inc. |
21.3
Medium
|
442 out of 962 |
Sleep Cycle AB |
22
Medium
|
483 out of 962 |
Beyond Air, Inc. |
26.6
Medium
|
827 out of 962 |
Micro Systemation AB |
29.5
Medium
|
921 out of 962 |
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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.
FTC Solar, Inc.'s Exposure is Medium
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.
FTC Solar, Inc.'s Management of ESG Material Risk is Average