LONGi Showcases ESG Leadership in 2023 Report
LONGi Green Energy Technology Co Ltd
LONGi Green Energy Technology Co., Ltd. (LONGi) recently held its third annual "Sustainability Week" and published its 2023 Sustainability Report.
This marks LONGi's seventh consecutive year of publishing a comprehensive report on its environmental, social, and governance (ESG) efforts.
Leading the Way in Clean Energy
The report highlights LONGi's substantial impact on global sustainability. With cumulative silicon wafer shipments exceeding 414.24 GW by the end of 2023, LONGi's technology has enabled the generation of a staggering 1736.1 billion kWh of clean electricity. This translates to a reduction of 812 million tonnes of carbon dioxide emissions, equivalent to planting 4.06 billion trees.
LONGi is committed to being a champion for sustainable development in the clean energy sector. The company's "Solar for All" philosophy stresses energy equity and achieving a zero-carbon future. This commitment is reflected in LONGi's strong ESG governance framework, including the establishment of a dedicated Strategic and Sustainable Development Committee and the appointment of a Chief Sustainability Officer.
Measurable Progress in Environmental Protection
LONGi's 2023 report details the company's dedication to environmental responsibility. In 2023, environmental protection investment surged by 38% compared to 2022, reaching 558.326 million yuan. This investment translates to continuous improvements in environmental management and reduced environmental impact across all of LONGi's global production facilities.
The report shows impressive achievements such as completing 509 energy improvement projects and 118 water-saving initiatives in 2023. LONGi's Ordos factory has achieved "Zero-Drainage" of wastewater, a great accomplishment in a region facing water scarcity.
LONGi's strong commitment to environmental stewardship is evident through its recognition as a "Sustainable Disclosure Standards Pioneer Partner" by the International Sustainability Standards Board (ISSB).
The company also received a silver rating for corporate social responsibility from EcoVadis and a "B" rating for climate change and water security from CDP in 2023. For three consecutive years, LONGi has ranked first in the industry on the Corporate Action Transparency Index (CATI) by the Institute of Public and Environmental Affairs (IPE).
Driving Climate Action and Biodiversity Conservation
LONGi actively addresses climate change by systematically managing climate risks and promoting green electricity, low carbon emissions, and energy conservation. In 2023, LONGi became the first Chinese photovoltaic company certified by the Science Based Targets initiative (SBTi) for its ambitious carbon reduction goals.
At the United Nations 28th Conference of the Parties (COP28), LONGi unveiled its third "Climate Action White Paper" and "Green Power+ Green Hydrogen" carbon neutrality solution. The company is also leading the charge in desert ecological restoration using photovoltaic technology and has launched the "Zero-Carbon Life Plan for Pandas" to support biodiversity conservation through solar power.
Building a Sustainable Supply Chain
LONGi recognises the importance of a sustainable supply chain. The company collaborates with its partners through its "Green Partner Empowerment Programme," which provides training and resources to enhance ESG management practices. The programme has resulted in 100% of LONGi's key suppliers signing the "LONGi Supplier CSR Code of Conduct" and 60 Tier 1 suppliers achieving green factory certification.
Looking Forward: A Commitment to Humanity's Future
LONGi's 2023 Sustainability Report highlights the company's belief that success is intertwined with social responsibility. LONGi views its role as contributing to a sustainable future for all by actively working to achieve global net-zero emissions targets.
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Source: LONGi
