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TIME magazine recognizes Solaria as the world’s most sustainable growth company

  • The renewable energy and infrastructure company has been ranked first in the World’s Best Companies – Sustainable Growth ranking prepared for the first time by TIME magazine and Statista.
  • This ranking identifies companies from around the world that have demonstrated outstanding performance in sustainable development while maintaining solid economic health through revenue growth and financial stability.

November 28, 2024

Solaria, a leading European renewable energy and infrastructure developer, has been recognized as the company with the most sustainable growth in the world according to the World’s Best Companies – Sustainable Growth ranking, compiled for the first time by TIME magazine and Statista.

This ranking, made up of 500 companies worldwide, from an initial evaluation of more than 1,000, selects those that have demonstrated outstanding performance in terms of CO2 emissions, water consumption, waste generation and green energy use, while maintaining solid economic health through revenue growth and financial stability. Specifically, the study was based on three pillars: revenue growth (relative growth and growth within the sector), long-term financial stability and environmental performance.

This recognition, which demonstrates that it is possible to be successful while protecting the environment, comes on top of a year of transformation marked by the company’s entry into the data center business, its hybridization towards new technologies such as wind power and the use of batteries, and its continued international expansion in Europe (United Kingdom, Portugal, Italy and Germany). This ongoing evolution has been possible thanks to the company’s resilience, the achievement of objectives and its constant commitment to sustainable growth.

As TIME states, no economy can prosper without a healthy environment. Therefore, to match this business growth with sustainable development, Solaria has continued to work in 2024 by renewing its commitment to the Global Compact, setting more ambitious decarbonization targets, enhancing the talent of its human capital, expanding the scope of its risk management, maximizing the positive impacts on the communities in which it operates and extending its values to the entire supply chain.

In the words of Solaria’s CEO, Darío López, “we are proud to be distinguished as the company with the best sustainable growth worldwide. This ranking recognizes Solaria as a 100% sustainable company, but it also rewards our stability and financial growth, endorsed by community institutions such as the European Investment Bank. Undoubtedly, recognitions like this are an impulse to continue betting on a more sustainable future”.

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