LONGi Honored by S&P Global for Sustainability Excellence
Recently, S&P Global unveiled the Sustainability Yearbook (China Edition) for 2025, and LONGi has made it to this prestigious list, thanks to its remarkable efforts in environmental, social, and governance (ESG) criteria. This marks the third occasion that LONGi has been recognized in S&P Global's Sustainability Yearbook, showcasing the company's dedication to sustainable practices and responsible governance.
Recognition in the Sustainability Yearbook
Each year, S&P Global conducts rigorous assessments to evaluate corporate sustainability practices worldwide. The S&P Global Corporate Sustainability Assessment (CSA) has been a leading ESG evaluation tool for 26 years. Its results inform over 200 indices aggregating data for hundreds of institutional investors managing assets worth an impressive $35 trillion globally. In total, 164 companies were selected for this year’s Sustainability Yearbook from a pool of more than 1,600 assessed businesses, highlighting the competitiveness and commitment within the sustainability sector.
LONGi’s Commitment to ESG Management
In pursuing its ESG objectives, LONGi enhanced its sustainability efforts in 2024. The company achieved many of its sustainable development goals ahead of schedule, demonstrating a clear commitment to mitigating its environmental impact. LONGi reported a remarkable increase in the usage of green electricity, now accounting for 47.5% of its total consumption. As a result, the company cut down approximately 2.5467 million tons of carbon emissions, realizing a 37% decrease in direct carbon emissions (Scope 1 and 2) and a 26% reduction in indirect emissions (Scope 3) over the past year. To add to these achievements, the company successfully lowered electricity consumption per production unit compared to figures from 2020.
Investments in Environmental Protection
LONGi continues to make substantial investments in environmental protection, with an annual outlay of 370 million yuan. The company proudly reported zero instances of environmental violations while ensuring all operational bases achieved ISO 14001 certification. Notably, its Jiaxing factory received the prestigious WEF Lighthouse Factory certification and also achieved 'zero-carbon factory' status. Furthermore, LONGi’s commitment culminated in securing 53 carbon footprint certification certificates across multiple global markets, including regions like France and South Korea, thereby affirming its role as a leader in low-carbon innovation within the photovoltaic industry.
Vision for a Sustainable Future
LONGi remains anchored in its vision of 'making the best of solar energy to build a green world.' The company is dedicated to providing affordable and accessible clean energy solutions globally, aligning its development strategy with the United Nations' 2030 Sustainable Development Goals. Through multi-stakeholder collaborations, LONGi strives to ensure that everyone has access to sustainable and efficient energy alternatives.
About LONGi
Founded in the year 2000, LONGi has established itself as a frontrunner in solar technology, emphasizing customer-focused value creation within the energy transformation landscape. Guided by its mission, LONGi continuously innovates, operating across five business sectors including mono silicon wafers, solar cells, distributed solar solutions, green energy innovations, and hydrogen production technologies. As the market evolves, the company also embraces cutting-edge green hydrogen products and solutions to contribute significantly to global zero-carbon initiatives.
Frequently Asked Questions
What is the Sustainability Yearbook?
The Sustainability Yearbook is an annual publication by S&P Global that recognizes companies excelling in environmental, social, and corporate governance practices.
How does LONGi achieve its sustainability goals?
LONGi focuses on enhancing its green energy practices, reducing carbon emissions, and investing significantly in environmental protection.
What are the recent achievements of LONGi?
In 2024, LONGi improved its green electricity usage to 47.5% and achieved various certifications in environmental and carbon footprint management.
How does LONGi align with global sustainability standards?
LONGi integrates the United Nations' 2030 Sustainable Development Goals into its business strategy to ensure responsible energy solutions worldwide.
What is LONGi's vision for the future?
LONGi envisions a future where everyone can access affordable and sustainable energy, contributing to a greener planet.
