Canadian Solar Recognized for Sustainability Leadership in 2024 ESG Report
- Yingli Solar ranks among the top 100 global enterprises in ESG, demonstrating its commitment to sustainability and corporate responsibility.
- The company achieved significant environmental milestones, reducing energy consumption and saving water and electricity annually.
- Yingli Solar’s dedication to innovation and sustainability enhances its market presence and fosters strategic global partnerships.
Yingli Solar's Commitment to Sustainability Shines in 2024 ESG Report
Yingli Energy Development Co., Ltd., widely known as Yingli Solar, reinforces its commitment to sustainability and corporate responsibility with the recent release of its 2024 Environmental, Social, and Governance (ESG) report. The company is recognized among the top 100 global enterprises in ESG by the Asian Photovoltaic Industry Association during the SNEC event in Shanghai, reflecting its long-standing dedication to green and low-carbon development. This report marks the third consecutive year that Yingli Solar has shared its ESG progress, underscoring the company’s commitment to transparency and accountability in its operations.
In its 2024 report, Yingli Solar highlights significant environmental achievements, including a reduction in energy consumption to 3,062 kWh/MW, which translates to a monthly water savings of 4,000 tons and an annual electricity savings of 1.31 million kWh. These milestones are indicative of the company’s proactive approach toward minimizing its environmental footprint. Additionally, Yingli maintains a 100% product qualification rate and a customer satisfaction rate of 96.17%, illustrating its focus on quality and customer service. Allen Geng, the International Sales Director, emphasizes the company's proactive stance on social responsibility, pointing to its early adoption of carbon emission reduction targets and its participation in the WWF's Climate Savers program since 2013.
Yingli Solar’s efforts in corporate responsibility are further validated by its accolades in the 2024 Green and Sustainable ESG Case List, where it ranks among the Top 10 for value contribution and model responsibility. The company’s strong reputation in the industry is not only built on its environmental achievements but also on its strategic partnerships with global brands, positioning it for continued growth in the renewable energy sector. As Yingli Solar looks to the future, it remains committed to providing high-quality products and services while expanding its influence and partnerships in the renewable energy landscape.
In addition to its impressive ESG achievements, Yingli Solar’s dedication to innovation and sustainability has paved the way for strategic collaborations, enhancing its market presence. The company’s inclusion in the inaugural ESG Value Index by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products showcases its leadership in the new energy sector.
As the global demand for clean energy solutions continues to rise, Yingli Solar’s commitment to sustainability positions it favorably within the industry, not only contributing to environmental goals but also driving forward the transition to a more sustainable energy future.