NEXTracker Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

The Nominating, Governance and Public Responsibility Committee of our Board of Directors oversees our ESG strategy and the ESG executive council provides periodic updates to the NGPRC on progress. [...] Our ESG Team meets regularly with the Executive Leadership Team, Executive Council, and the ESG Steering Committee to review our strategy, program, and progress. [...] Oversees the Company's policies and practices regarding political expenditures, including an annual review of the Company's corporate political contributions, lobbying activities, and trade association dues and payments.

https://info.nextracker.com/hubfs/ESG%20Reports/NextrackerSustainabilityReport2024.pdf

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Nextracker's engagement activities around climate change target advocacy for equitable renewable energy policy, which is consistent with Nextracker's business model focused at accelerating the clean energy transition through smart solar PV. In 2022, Nextracker funded Vote Solar, a non-governmental organization focused on promoting increased accessibility and growth of the solar industry in the US. This aligns with Nextracker's business strategy to grow in the US solar market. In 2022, Nextracker increased investment in manufacturing capacity in the US to reduce Scope 3 emissions associated with steel production and transportation of our products to US customers.

CDP Questionnaire Response 2023