ReneSola Power Releases Inaugural Environmental, Social, and Governance (ESG) Report

Published on: 12 September 2022
by KnowESG
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ReneSola Ltd., a leading fully integrated solar project developer, announced the release of its first Environmental, Social, and Governance (ESG) Report, which details the company's ESG strategy, policies, and initiatives and summarises the company's ESG activities and achievements over the last few years.

ReneSola Power is a leading global developer and operator of solar projects. It specialises in solar energy project development, construction management, and project financing. 

With local expert teams in more than ten countries worldwide, the company is spread throughout several places where solar power project markets are fast growing and can sustain that growth due to better clarity around government regulations. 

The company's goal is to pursue high-margin project development opportunities in these profitable and rising industries, particularly in the United States and Europe, where it has market leadership in numerous locations, including Poland, Hungary, Minnesota, and New York.

Mr. Yumin Liu, ReneSola Power Chief Executive Officer, said: 

"We are pleased to release our first ever ESG report and share our ESG performance with investors and all the stakeholders. Since our strategic restructuring in 2017, we have transitioned to a pure downstream player with a focus on solar development projects globally. 

"With our mission of providing clean, low-carbon, sustainable energy solutions that combat climate change, ReneSola Power has been committed to driving a more reliable, efficient, and sustainable future for everyone. Sustainability is an essential part of our strategic thinking, business development, and long-term value creation, so we utilise the report to transparently communicate our thinking and progress in ESG with our investors and stakeholders annually."

ReneSola Power's ESG report is in line with the United Nations Sustainable Development Goals (SDGs) and the Global Reporting Initiative (GRI) framework and includes key ESG metrics. The report includes all ReneSola Power operations, including its headquarters in Stamford, Connecticut, and professional teams in ten countries.

Source: PRNewswire

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