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TIME recognizes Sunrun as one of the world’s most impactful companies for making home solar and battery storage affordable and accessible, and for its distributed power plants that are helping stabilize America’s power grid.

Sunrun (Nasdaq: RUN), America’s largest provider of home battery storage, solar, and home-to-grid power plants, has been named No. 5 on TIME’s inaugural list of The World’s Most Impactful Companies, and earned the top ranking in the utilities category. The list includes 500 companies that generate measurable, positive impact across society, the environment, and the economy.

The recognition represents an independent, third-party endorsement of Sunrun’s measurable impact, reinforcing its commitment to responsible business practices among customers, employees, partners, and the broader public. TIME partnered with Statista, a global leader in data analysis and industry benchmarking, to use a proprietary algorithm that evaluates and assesses the net-positive contributions of each company’s core products and services.

“Sunrun is honored to receive this recognition for our groundbreaking work to provide Americans with energy independence while simultaneously supporting the power grid,” said Sunrun CEO Mary Powell. “TIME’s analysis recognizes Sunrun for what we are: a powerful contributor, stabilizer, and resource for the grid.”