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Q-Cells AG is a solar cell (photovoltaic) manufacturing company. The Company is involved in various thin-film technologies and manufactures solar cells to make crystalline modules. Q-Cells is building up their project business with Q-Cells International and supplying industrial customers with green electricity through Q-Cells Clean Sourcing.

Ticker: QCE-FF ISIN: DE0005558662
Address: OT Thalheim Guardianstrasse 16 , Germany , Bitterfeld-Wolfen , , NA Website: Q-Cells AG
Phone #: 49-3494-66990 CSR Web Area: SUBSCRIPTION INFO

Basic Corporate Social Responsibility (CSR) Ratings

  Overall Community Employees Environment Governance
Q-Cells AG 59 56 62 63 53
Energy Equipment & Services
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All company average 55 55 56 58 52
Germany
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Percentile Rankings

Rankings are in percentile terms, compared to other companies in the same industry and country Overall Community Employees Environment Governance
Q-Cells AG 70% 53% 70% 67% 49%
Energy Equipment & Services
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Germany
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Special Issues:

Ratings History

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More CSR Rating Details

  Community Employees
Community Dev & Philanthropy Product Human Rights & Supply Chain Compensation & Benefits Diversity & Labor Rights Training, Health & Safety
Q-Cells AG
SUBSCRIPTION INFO
Energy Equipment & Services
SUBSCRIPTION INFO
All company average 53 54 55 58 55 55
Germany
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Environment Governance
Energy & Climate Change Environmant Policy & Reporting Resource Management Board Leadership Ethics Transparency & Reporting
Q-Cells AG
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Energy Equipment & Services
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All company average 57 58 57 50 55 51
Germany
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Percentile rankings

Rankings are in percentile terms, compared to other companies in the same industry and country Community Employees
Community Dev & Philantrophy Product Human Rights & Supply Chain Compensation & Benefits Diversity & Labor Rights Training, Health & Safety
Q-Cells AG 60% 26% 86% 41% 75% 84%
Energy Equipment & Services
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Germany
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Environment Governance
Energy & Climate Change Environment Policy & Reporting Resource Management Board Leadership Ethics Transparency & Reporting
Q-Cells AG 82% 52% 75% 58% 50% 50%
Energy Equipment & Services
SUBSCRIPTION INFO
Germany
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0 Special Issues Affect This Company (see a list of issues here)

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Energy Equipment & Services
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Overall database
Germany
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CSRHub Has 19 Data Sources (8 Are Currently Active) for This Company

= sources impacting the current ratings
= sources not impacting the current ratings, but included in earlier ratings for this company
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Original Data Values

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Data source name

Data source element name Minimum value Value provided by datasource Maximum value Data description
Carbon Disclosure Project 2012 Full Data
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0. Further Information NA The GICS sectors of question 0.6 are not applicable with the GICS Classification for Q.CELLS.The GICS classification for Q.CELLS is Utilities.So we don´t choose one of the GICS sectors in question 0.6. NA NA
0.1. Introduction - Please give a general description and introduction to your organization. NA The Q.CELLS group is one of the leading photovoltaic companies worldwide. The extensive product portfolio ranges from solar cells and modules to complete PV systems. Q.CELLS develops and manufactures its products at the company based in Bitterfeld-Wolfen, NA NA
5.1e Identified climate change risks driven by changes in other climate-related developments? NA Yes NA NA
5.1f. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; (iii) the costs associated with these actions NA i) Potential financial impacts are negative resulting either in turnover loss or increased costs. ii) To minimize this risk, Q.CELLS sets stringent objetives for reduction of CO2e emissions. For controlling of emissions and other environmental impacts a l NA NA
5.1g. Please explain why you do not consider your company to be exposed to risks driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
5.1h. Please explain why you do not consider your company to be exposed to risks driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
5.1i. Please explain why you do not consider your company to be exposed to risks driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6. Attachments NA NA NA NA
6. Further Information NA NA NA NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Opportunities driven by changes in regulation; Opportunities driven by changes in physical climate parameters; Opportunities driven by changes in other climate-related developments NA NA
6.1a Identified climate change opportunities that are driven by changes in regulation? NA Yes NA NA
6.1b. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA i) Potential financial impacts are positive resulting either in increased turnover or decreased costs. ii) A Market Intelligence group is constantly trying to find new niches and sales marekts where the chosen opportunities play an important role. A month NA NA
6.1c Identified climate change opportunities that are driven by changes in physical climate parameters? NA Yes NA NA
14. Attachments NA NA NA NA
6.1d. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA i) Potential financial impacts are positive resulting either in increased turnover or decreased costs. ii) Photovoltaic modules are exposed to the enviroment for a long time frame. In order to produce high quality, yielding and durable products, future cl NA NA
6.1e Identified opportunities that are driven by changes in other climate-related developments? NA Yes NA NA
6.1f. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA i) Potential financial impacts are positive resulting either in increased turnover or decreased costs. ii) Our Market Intelligence group works on detecting these trends in consumer behavior and translating them into implementable projects and process flow NA NA
13. Attachments NA NA NA NA
11. Attachments NA NA NA NA
11. Further Information NA NA NA NA
11.1. Do you consider that the grid average factors used to report Scope 2 emissions in Question 8.3 reflect the contractual arrangements you have with electricity suppliers? NA Yes NA NA
11.1a. You may report a total contractual Scope 2 figure in response to this question. Please provide your total global contractual Scope 2 GHG emissions figure in metric tonnes CO2e 0 NA 17902000 NA
11.2. Has your organization retired any certificates, e.g. Renewable Energy Certificates, associated with zero or low carbon electricity within the reporting year or has this been done on your behalf? NA No NA NA
3.1e. Please explain (i) why not; and (ii) forecast how your emissions will change over the next five years NA NA NA NA
3.2. Does the use of your goods and/or services directly enable GHG emissions to be avoided by a third party? No Yes Yes NA
3.2a. Please provide details (see guidance) NA Q.CELLS produces photovoltaic products to use solar energy, which enables the costumers to avoid complete emissions for energy consumption. With the carried out life cycle assessment study we identified the life time emission abatements of our photovoltai NA NA
3.3c Number of methods used to drive investment in emissions reduction activities. 0 1 12 NA
3.3c. What methods do you use to drive investment in emissions reduction activities? NA Dedicated budget for other emission reduction activities NA NA
5. Attachments NA NA NA NA
5. Further Information NA NA NA NA
5.1. Have you identified any climate change risks (current or future) that have potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Risks driven by changes in regulation; Risks driven by changes in physical climate parameters; Risks driven by changes in other climate-related developments NA NA
5.1a Identified risks driven by changes in regulation? NA NA NA NA
5.1b. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA i) Potential financial impacts are negative resulting either in turnover loss or increased costs. ii) Depending on the risk financial implications can be severe. For instance amendments of subsidization schemes lower demand for photovoltaic products and t NA NA
14. Further Information NA NA NA NA
1.1. Where is the highest level of direct responsibility for climate change within your company? No individual or committee with overall responsibility for climate change Individual/Sub-set of the Board or other committee appointed by the Board Individual/Sub-set of the Board or other committee appointed by the Board NA
1.1a. Please identify the position of the individual or name of the committee with this responsibility NA The quality, environmental, energy and safety management representative is directly subordinate to the board member. The departments Corporate Communications and Integrated Management System support the representative. The Q.CELLS Quality Management Repre NA NA
1.2. Do you provide incentives for the management of climate change issues, including the attainment of targets? No No Yes NA
13. Further Information NA NA NA NA
13.1. How do your absolute emissions (Scope 1 and 2 combined) for the reporting year compare to the previous year? Increased Decreased Decreased NA
13.1a (i) If absolute emissions (Scope 1 and 2 combined) have increased, decreased or remained the same overall compared to the previous year, state direction of change NA Significant Decrease NA NA
13.1a (ii) If absolute emissions (Scope 1 and 2 combined) have increased, decreased or remained the same overall compared to the previous year, state the reason for the direction of change NA NA NA NA
13.1a (iii) If emissions have increased, decreased or remained the same overall, provide the emissions value (%) NA Decrease: , Increase: 4.3 , Emission value for which direction is not stated: NA NA
2012 Score 0 71 100 NA
2012 Performance Band E D A NA
2.3a. Please explain (i) the engagement process and (ii) actions you are advocating NA We strive to remain in dialogue with our most important stakeholders as part of our active and open information policy. This starts with our employees and includes investors, customers and suppliers, governmental authorities, universities who have partner NA NA
8.8. Are carbon dioxide emissions from the combustion of biologically sequestered carbon (i.e. carbon dioxide emissions from burning biomass/biofuels) relevant to your company? No No Yes NA
8.8a. Please provide the emissions in metric tonnes CO2e 0.01 NA 27263000 NA
Management 4. Attachments NA https://www.cdproject.net/Sites/2012/61/15361/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/4.Communication/Nachhaltigkeitsbericht_2010.pdf NA NA
Management 4. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? NA 1 NA NA
5.1d. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA i) Potential financial impacts are negative resulting either in turnover loss or increased costs.ii) Photovoltaic modules are exposed to the enviroment for a long time frame. In order to produce high quality, yielding and durable products, future climate NA NA
2. Attachments NA NA NA NA
2. Further Information NA NA NA NA
5.1c Identified climate change risks driven by change in physical climate parameters? NA Yes NA NA
2.1. Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities NA Integrated into multi-disciplinary company wide risk management processes NA NA
2.1a. Please provide further details (see guidance) NA The Q.CELLS group regards risk management as more than just the fulfillment of requirements set by statutory standards. Rather, risk management is considered to be the active management of risks in order to, on the one hand, avoid jeopardising the company NA NA
2.2. Is climate change integrated into your business strategy? No Yes Yes NA
2.2a. Please describe the process and outcomes (see guidance) NA As one of the largest photovoltaic companies in the world, we want to play a part in shaping the future of solar energy. We develop made-to-order solutions to fit the requirements of our customers. In doing so, we’re contributing to make solar energy a mo NA NA
2.2b. Please explain why not NA NA NA NA
2.3. Do you engage with policy makers to encourage further action on mitigation and/or adaptation? No Yes Yes NA
3. Attachments NA NA NA NA
3. Further Information NA NA NA NA
3.1. Did you have an emissions reduction target that was active (ongoing or reached completion) in the reporting year? No Absolute and intensity targets Absolute and intensity targets NA
14.1. Do you participate in any emission trading schemes? No, and we do not currently anticipate doing so in the next two years No, and we do not currently anticipate doing so in the next two years Yes NA
14.2. Has your company originated any project-based carbon credits or purchased any within the reporting period? No No Yes NA
6.1g. Please explain why you do not consider your company to be exposed to opportunities driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6.1h. Please explain why you do not consider your company to be exposed to opportunities driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6.1i. Please explain why you do not consider your company to be exposed to opportunities driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
7. Attachments NA NA NA NA
7. Further Information NA NA NA NA
7.1. Please provide your base year and base year emissions (Scopes 1 and 2) NA NA NA NA
0.4. Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. NA EUR(€) NA NA
1. Attachments NA NA NA NA
1. Further Information NA NA NA NA
8.7. Please indicate the verification/assurance status that applies to your Scope 2 emissions More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100% NA
11.1b. Explain the basis of the alternative figure (see guidance) NA NA
14.1b. What is your strategy for complying with the schemes in which you participate or anticipate participating? NA NA
8.1. Please select the boundary you are using for your Scope 1 and 2 greenhouse gas inventory NA NA NA NA
8.2a. Please provide your gross global Scope 1 emissions figure in metric tonnes CO2e 92 NA 231902967 NA
8.3a. Please provide your gross global Scope 2 emissions figure in metric tonnes CO2e 293 NA 8071070 NA
8.4. Are there are any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions which are not included in your disclosure? NA Yes NA NA
8.6. Please indicate the verification/assurance status that applies to your Scope 1 emissions More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100% NA
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8.8a. Please provide the emissions in metric tonnes CO2e 0.05 NA 13638000
0.4. Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. EUR(€)
0.6. Modules NA As part of the Investor CDP information request, electric utilities, companies with electric utility activities or assets, companies in the automobile or auto component manufacture sectors and companies in the oil and gas industry should complete suppleme
1. Attachments NA NA NA
1. Further Information NA NA NA
1.1. Where is the highest level of direct responsibility for climate change within your company? No individual or committee with overall responsibility for climate change Individual/Sub-set of the Board or other committee appointed by the Board Individual/Sub-set of the Board or other committee appointed by the Board
1.2. Do you provide incentives for the management of climate change issues, including the attainment of targets? No No Yes
11. Attachments NA https://www.cdproject.net/sites/2013/61/15361/Investor CDP 2013/Shared Documents/Attachments/InvestorCDP2013/11.Energy/image2012-02-27-104714.pdf NA
11. Further Information NA Attached you can find the certificate for the use of green electricity. NA
11.1. What percentage of your total operational spend in the reporting year was on energy? More than 0% but less than or equal to 5% More than 15% but less than or equal to 20% More than 95% but less than or equal to 100%
12. Attachments NA
12. Further Information NA
12.1. How do your absolute emissions (Scope 1 and 2 combined) for the reporting year compare to the previous year? Decreased
12.1a Reason of change Emissions reduction activities, Divestment, Acquisitions, Mergers, Change in output, Change in methodology, Change in boundary, Change in physical operating conditions, Unidentified, Other
14. Attachments NA NA NA
14. Further Information NA NA NA
14.1. Do you participate in any emission trading schemes? No, and we do not currently anticipate doing so in the next two years No, and we do not currently anticipate doing so in the next 2 years Yes
14.1b. What is your strategy for complying with the schemes in which you participate or anticipate participating? NA
14.2. Has your company originated any project-based carbon credits or purchased any within the reporting period? No No Yes
2. Attachments NA NA NA
2. Further Information NA NA NA
2.1. Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities NA Integrated into multi-disciplinary company wide risk management processes NA
2.1a. Please provide further details (see guidance) NA The Hanwha Q CELLS GmbH regards risk management as more than just the fulfillment of requirements set by statutory standards. Rather, risk management is considered to be the active management of risks in order to, on the one hand, avoid jeopardising the c NA
2.2. Is climate change integrated into your business strategy? No Yes Yes
2.2a. Please describe the process and outcomes (see guidance) NA As one of the largest photovoltaic companies in the world, we want to play a role in shaping the future of solar energy and contribute to the vision of a carbon free society. We develop made-to-order solutions to fit the requirements of our customers. In NA
2.2b. Please explain why not NA NA NA
2.3. Do you engage in activities that could either directly or indirectly influence policy on climate change through any of the following? (tick all that apply) Yes
2.3a. Please explain (i) the engagement process and (ii) actions you are advocating NA The production of photovoltaic modules and cells is directly contributing an increased generation of clean energy. Thus, with our research in improving the clean electricity technology we can make the electricity generation from PV more efficient. In addi NA
2.3b. Are you on the Board of any trade associations or provide funding beyond membership? NA
2.3d. Do you publically disclose a list of all the research organizations that you fund? NA
3. Attachments NA NA NA
3. Further Information NA NA NA
3.1. Did you have an emissions reduction target that was active (ongoing or reached completion) in the reporting year? No Absolute and intensity targets Absolute and intensity targets
3.1e. Please explain (i) why not; and (ii) forecast how your emissions will change over the next five years NA NA NA
3.2. Does the use of your goods and/or services directly enable GHG emissions to be avoided by a third party? No Yes Yes
3.2a. Please provide details (see guidance) NA Hanwha Q CELLS produces photovoltaic products to use solar energy, which enables the costumers to avoid complete emissions for energy consumption. With the carried out life cycle assessment study we identified the life time emission abatements of our phot NA
3.3c Number of methods used to drive investment in emissions reduction activities. 0 2 13 Number of methods used to drive investment in emissions reduction activities.
3.3c. What methods do you use to drive investment in emissions reduction activities? NA Dedicated budget for other emissions reduction activities, Dedicated budget for energy efficiency NA
4. Attachments NA
4. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? - Further Information NA
4.1. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? 1 The number of corporate annual reports and voluntary publications (complete and/or underway) made about the company’s response to climate change and GHG emissions performance
5. Attachments NA NA NA
5. Further Information NA NA NA
5.1. Have you identified any climate change risks (current or future) that have potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Risks driven by changes in regulation; Risks driven by changes in physical climate parameters; Risks driven by changes in other climate-related developments NA
5.1a. Climate change risks driven by changes in regulation Yes
5.1c. Climate change risks driven by change in physical climate parameters Yes
5.1d. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA i) Potential financial impacts are negative resulting either in turnover loss or increased costs.ii) Photovoltaic modules are exposed to the enviroment for a long time frame. In order to produce high quality, yielding and durable products, future climate NA
5.1e.Climate change risks driven by changes in other climate-related developments Yes
5.1f. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; (iii) the costs associated with these actions NA i) Potential financial impacts are negative resulting either in turnover loss or increased costs.ii) To minimize this risk, Q CELLS sets stringent objetives for reduction of CO2e emissions. For controlling of emissions and other environmental impacts a li NA
5.1g. Please explain why you do not consider your company to be exposed to risks driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
5.1h. Please explain why you do not consider your company to be exposed to risks driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
5.1i. Please explain why you do not consider your company to be exposed to risks driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6. Attachments NA NA NA
6. Further Information NA NA NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Opportunities driven by changes in regulation; Opportunities driven by changes in physical climate parameters; Opportunities driven by changes in other climate-related developments NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? -Transparency Yes
6.1a Identified climate change opportunities that are driven by changes in regulation? NA Yes NA
6.1c. Please describe the opportunities that are driven by changes in physical climate parameters Yes
6.1e. Please describe the opportunities that are driven by changes in other climate-related developments Yes
6.1f. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA i) Potential financial impacts are positive resulting either in increased turnover or decreased costs.ii) Our Market Intelligence group works on detecting these trends in consumer behavior and translating them into implementable projects and process flows NA
6.1g. Please explain why you do not consider your company to be exposed to opportunities driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6.1h. Please explain why you do not consider your company to be exposed to opportunities driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6.1i. Please explain why you do not consider your company to be exposed to opportunities driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
7. Attachments NA NA NA
7. Further Information NA NA NA
8.2. Please provide your gross global Scope 1 emissions figure in metric tonnes CO2e NA Gross global Scope 1 emissions figure in metric tonnes CO2e for 2011 - 2012/01 Jan 2012 - 31 Dec 2012 reporting period
8.3. Please provide your gross global Scope 2 emissions figures in metric tonnes CO2e NA
8.4. Are there are any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions which are not included in your disclosure? NA Yes NA Proportion of Scope 1 emissions that are verified/assured for 2011 - 2012/01 Jan 2012 - 31 Dec 2012 reporting period
0. Attachments NA NA NA If you have not been presented with a sector module that you consider would be appropriate for your company to answer, please select the module below. If you wish to view the questions first, please see https://www.cdproject.net/en-US/Programmes/Pages/Mor
0. Further Information NA The GICS sectors of question 0.6 are not applicable with the GICS Classification for Hanwha Q CELLS.The GICS classification for Hanwha Q CELLS is Utilities.So we don´t choose one of the GICS sectors in question 0.6. Within the reporting period Hanwha took NA If you are in these sectors (according to the Global Industry Classification Standard (GICS)), the corresponding sector modules will be marked as default options to your information request. If you want to query your classification, please email respond@c
0.1. Introduction - Please give a general description and introduction to your organization. NA As a Fortune 500 corporation and one of Korea's leading companies in manufacturing, construction, financing and service provision, the Hanwha Group has taken over the operational business of the now-defunct Q-Cells SE and is launching Hanwha Q CELLS as th NA
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Size NA Large NA NA
Region NA Europe NA NA
Report Html Address NA http://www.q-cells.com/unternehmen/unternehmerische_verantwortung.html#10368 NA NA
Report Pdf Address NA http://www.q-cells.com/fileadmin/redaktion/06_unternehmen/Integriertes_Management/2012_0704_Nachhaltigkeitsbericht_2011_ob_is_ar_sh_fg_sl_et_jp_V11_01.pdf NA NA
Report reference IFC Performance Standards? NA No NA NA
Report reference ISO Standards? NA No NA NA
Report Title NA Nachhaltigketitsbericht 2011 NA NA
Sector NA Energy NA NA
Sector Supplements (Final) NA Not Applicable NA NA
Application Level Undeclared Undeclared A+ G3 Application Levels indicate to which extent the GRI Guidelines have been utilized in the reporting and which set and number of disclosures have been addressed in the reporting. There are three Application Levels A, B and C.
Country (HQ) NA Germany NA NA
Date Added To Sr List NA July 5, 2013 NA NA
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Weighted score 1.2 4.4 5.9

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