Our vision is that renewable energy should be produced where it is consumed and that the energy source should be produced close to where it is to be used. So far, Midsummer has contributed to 13 of 17 global goals set by the United Nations. We work daily to ensure that our business is part of the work for fair and sustainable development for everyone.
Sustainability is at the core of our business and is integrated in every part of the organisation. Our vision is for renewable energy to be produced where it is consumed and for the energy source to be produced close to where it will be used. We believe this vision is achievable if photovoltaic solutions are designed with simplicity, sustainability, functionality, and aesthetics in mind.
For us, sustainability means considering both environmental and socioeconomic impact from our actions. We strive to reach a future where our operations are within the planetary boundaries.
We want to lead the energy transition to renewable energy sources by innovating for change, while making the lowest possible impact on climate and biodiversity. On this journey, our goal is to be a role model in providing fair jobs for everyone and contribute to social communities with inclusive and diverse workplaces.
The global market for solar power has grown tremendously, with 70% of installations having taken place since 2017. Solar power is increasingly contributing to countries’ energy mixes and plays a key role in the energy transition. Not only does solar power contribute to job creation and to the global economy, but it is also presenting a way forward to reduce for carbon dioxide emissions. However, most solar panels are currently manufactured using a carbon-intense, silicon-based method and contain cadmium, which is a highly toxic metal. At Midsummer, we produce solar cells that are cadmium-free and use a process that decreases the carbon footprint by up to 90% compared to silicon solar cells. This means that we are uniquely positioned for a truly sustainable energy transition.
We aim to have an open and continuous dialogue with our stakeholders, ensuring we meet requirements and expectations. The stakeholder dialogue serves as a foundation for steering in the right direction and making the best priorities on our sustainability journey. Through a materiality assessment, we have developed our Sustainability Agenda where we have identified the following three focus areas:
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