Photovoltaic manufacturer
REC make panels in Singapore using silicon produced in Norway. It was originally a Norwegian company. Acquired by Indian conglomerate Reliance Industries in 2021.
Company Ownership
REC Solar Pte Ltd
SGP
Reliance Industries Ltd
owns 100% of REC Solar Pte Ltd
IND
Conglomerate
India's largest public company, with business interests in energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.
Company Assessment
(Last updated Jan 2026)
Praise
Criticism
Information
REC Solar Pte Ltd
Praise
Criticism
Information
Forced labour in China
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in factories that are in the supply chains of international brands. In the 2023 'Over-Exposed' report, REC had multiple solar products assessed differently. The 'N-Peak' and 'Alpha' models were rated as 'no identifed risk' of exposure to Uyghur forced labour, while their 'Twin Peak' product was rated at a ' very high risk' of exposure to forced Uyghur labour. REC claim that they were discontinuing the 'Twin Peak' line, however at the time of writing the report, it was still available to purchase.
Reliance Industries Ltd
Praise
Criticism
Information
Single-use plastic waste producer
This company is the world's 8th largest producer of single-use plastic waste, with a Circularity Score of D-, according to Minderoo Foundation's 2023 Plastic Waste Makers Index. In 2019, just 20 polymer producers accounted for more than half of all single-use plastic waste generated globally, and the top 100 accounted for 90 per cent. Plastic pollution is one of the biggest, most urgent threats facing our planet and our health.
Source: Minderoo Foundation
(2023)
6% in Social Benchmark
The 2026 Social Benchmark assessed the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company received a score of 6/100. The average score was 20 and the highest score was 75.
13.7% in Oil and Gas Benchmark
The 2023 Oil and Gas Benchmark ranks 100 oil and gas companies on their climate strategy and performance together with social performance. This company ranked #48/100, with a total score of 13.7/100.
High ESG Risk
Sustainalytics, a top ESG research firm, evaluates environmental, social, and governance risks for over 16,000 companies. Its ESG Risk Rating reflects how much risk a company faces in its industry and how well it manages those risks. The final score includes both unmanaged and unmanageable risks, and companies are rated on a scale from negligible (0-10) to severe (40+). This company received an ESG Risk Rating of 39.9, placing it in the "high risk" category (retrieved April 2025).
Source: Sustainalytics
(2025)
21% in Gender Benchmark
In 2023 and 2024, the World Benchmarking Alliance assessed 2,000 companies on their efforts to drive gender equality and women's empowerment across their entire value chain. Companies are assessed on governance and strategy, representation, compensation and benefits, health and well-being, and violence and harassment. This company scored 21 out of 100. The average score was 15.3 and the highest score was 51.
Company Details
Type:
Wholly-owned subsidiary
Founded:
1996
Revenue:
437 million USD
Contact Details
Products / Brands
REC
REC
Solar Panels