Nextracker Releases FY2025 Sustainability Report, Highlights New Low-Carbon Products, ISO Certifications

Nextracker Inc. (NASDAQ:NXT) is one of the best performing solar stocks to buy now. On August 18, Nextracker released its FY2025 Sustainability Report, its second annual publication on environmental, social, and governance/ESG initiatives. The report highlights the company’s commitment to transparency and accountability and aligns with various standards and frameworks.

Nextracker Releases FY2025 Sustainability Report, Highlights New Low-Carbon Products, ISO Certifications

As a key milestone, Nextracker published its first TCFD index, which is based on a climate risk assessment and ensures compliance with California SB 261 law. The company also obtained a third-party assurance for its Scope 1 and Scope 2 Greenhouse Gas/GHG emissions data. In terms of product and supply chain responsibility, Nextracker introduced its new NX Foundation Solutions, including the NX Anchor, to improve solar deployment across different soil types.

It also launched the NX Horizon low-carbon tracker/LCT systems, which can reduce tracker-related carbon emissions by up to 35%. The company has achieved ISO 9001 quality management certification for its operations in Brazil, India, and the US, and earned ISO 14001:2015 certification for its Environmental Management System in the US, while also maintaining it in Brazil.

Nextracker Inc. (NASDAQ:NXT) provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the US and internationally.

While we acknowledge the potential of NXT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NXT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.