GUELPH, ON, April 17, 2024 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that it has recently been awarded a Silver rating from EcoVadis, one of the world’s largest and most trusted providers of business sustainability ratings, headquartered in Paris, France. The rating score also placed Canadian Solar in the top 5% of companies rated by EcoVadis within the company’s industry.

EcoVadis’ sustainability assessments evaluate a company’s performance in terms of environment, labor and human rights, ethics, and sustainable procurement. Notably, within the industry, Canadian Solar ranked among the top 3% and top 4% for environment and sustainable procurement, respectively. This accomplishment underscores Canadian Solar’s unwavering dedication to sustainable practices while advancing cutting-edge energy solutions.

Ms. Hanbing Zhang, Chief Sustainability Officer, expressed her appreciation, stating, “We are honored to receive the Silver rating from EcoVadis. This recognition reinforces our commitment to sustainability. With over 20 years of experience providing renewable energy, we remain steadfast in our ESG journey—minimizing environmental impact from our operations, promoting social responsibility, maintaining a responsible supply chain, and enhancing corporate governance.”

About EcoVadis

EcoVadis is recognized as the world’s most trusted provider of sustainability assessments and has assessed over 130,000 business partners, including large multinationals, around the world. This has mitigated the risks of some of the world’s largest companies while making a positive contribution to the environment, promoting transparency, and driving innovation.