Sandvika, May 16, 2012: Renewable Energy Corporation ASA (REC) has published its first Sustainability Report based on data collected for 2011 according to the Global Reporting Initiative (GRI). The GRI is internationally recognized, and its framework establishes a transparent means through which to report on the following six indicator areas: economics, environment, labor, human rights, society, and product responsibility. The Report is attached hereto.
"As a responsible company, we aim to maintain sound and transparent business practices and bring sustainability to the core of our business and increase our reporting in this area." Ole Enger, CEO and President, REC.
The report is also available for download on REC's website: www.recgroup.com/sustainabilityreporting
For more information, please contact;
Kjersti Langeland, HSE Director, +47 916 08 143
Mikkel Tørud, VP & Investor Relations Officer, +47 976 99 144
REC is a leading vertically integrated solar energy company. REC produces polysilicon, wafers, cells and modules for the solar industry, and silicon materials for the electronics industry. REC also engages in project development in selected PV segments. Founded in Norway in 1996, REC employs around 3,200 people globally with revenues of more than NOK 13 billion in 2011. Please visit www.recgroup.com to learn more about REC.
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).