LONGi Achieves Recognition on the 2025 FORTUNE China ESG Impact List
LONGi has once again secured a significant spot on the FORTUNE China ESG Impact list, highlighting its impressive commitment to sustainable practices within the environmental, social, and governance (ESG) spheres. Its recognition not only reflects its leadership in the photovoltaic industry but also serves as a testament to its dedication toward sustainable development. This prestigious honor marks the third time LONGi has featured on this list, further emphasizing its lasting impact on global sustainability efforts.
Progress in ESG Practices
In the prior year, LONGi made remarkable strides in improving its ESG practices, achieving a series of sustainability goals ahead of their timelines. This proactive approach led to the enhancement of LONGi's MSCI ESG rating to BBB, placing it among the leaders in the global semiconductor scene. In addition, it received top rankings within the photovoltaic sector, signifying its commitment to sustainability.
Acknowledgements and Awards
LONGi's outstanding performance in ESG governance has not gone unnoticed. The company was distinguished as the first in its sector to receive the 'Industry Top Movers' honor from S&P Global Corporate Sustainability Assessment. Its inclusion in the 2025 S&P Global Sustainability Yearbook (China Edition) underscores its leadership in sustainability efforts. The EcoVadis Gold Medal further validates its performance, placing it in the top 5% globally. Furthermore, it achieved a CDP Water Security A- rating and a leading FTSE Russell ESG score of 3.8, solidifying its prominent position in the industry.
Environmental Responsibility at the Core
LONGi's commitment to environmental responsibility is integral to its mission. The company has made significant strides in reducing carbon emissions and enhancing resource efficiency. With an annual green electricity usage ratio reaching 47.5%, it has effectively cut carbon emissions by approximately 2.55 million metric tons. Moreover, its production facility in Jiaxing is recognized as the photovoltaic industry's pioneering "Lighthouse + Zero-Carbon" factory.
Advancements in the Green Supply Chain
A key milestone in LONGi's journey has been its initiative in green supply chain development. As the first in its industry to secure ISO 20400 sustainable procurement certification, the company performed diligent ESG assessments for over 123 new suppliers in 2024, ensuring that robust sustainability measures are upheld throughout its supply chain.
Collaborative Efforts for Energy Equity
LONGi is not just about innovation; it also focuses on societal impact. In a recent collaboration with the UN Refugee Agency (UNHCR), the company is working towards enhancing humanitarian supply chains through renewable energy solutions. In a noteworthy achievement, LONGi completed a milestone project in Uzbekistan, developing a 700-kilowatt solar photovoltaic power station that is set to reduce carbon emissions significantly while producing substantial amounts of renewable electricity.
Contribution to Global Humanitarian Operations
This solar facility is vital for providing sustainable energy for emergency logistics and storage, creating a model for green transformations in global humanitarian operations. Through such initiatives, LONGi demonstrates the essential role renewable energy can play during crises.
LONGi's Vision for the Future
LONGi is steadfast in its mission to harness the power of solar energy for a sustainable future. With plans to further enhance its ESG practices, the company aims to leverage technological advancements and expand globally, working towards facilitating the energy transition and helping to achieve a zero-carbon future for the planet.
About LONGi
Founded in the year 2000, LONGi is determined to lead as the world's foremost solar technology company. Its focus remains on creating customer-driven value and fostering transformation in energy production.
LONGi's ambitious mission, rooted in optimizing solar energy for a greener world, embraces a broad spectrum of technologies. Their innovative offerings encompass mono silicon wafers, cells and modules, commercial solar solutions, green energy systems, and hydrogen products, reflecting their commitment to supporting global zero carbon ambitions. For further information, visit www.longi.com/.
Frequently Asked Questions
What is the significance of LONGi's recognition on the ESG Impact List?
LONGi's inclusion on the ESG Impact List underscores its leadership in sustainable practices within the photovoltaic industry.
How has LONGi improved its ESG rating?
The company upgraded its MSCI ESG rating to BBB in 2024, showcasing its commitment to environmental stewardship and sustainable practices.
What are some key awards LONGi received in recent years?
LONGi has garnered numerous accolades, including EcoVadis Gold Medal, CDP Water Security A- rating, and a top FTSE Russell ESG score.
How does LONGi contribute to energy equity?
Through partnerships like the one with the UNHCR, LONGi works to enhance humanitarian supply chains using renewable energy solutions.
What is LONGi's future vision?
LONGi aims to expand its technological innovations, advance its ESG initiatives, and play a significant role in achieving a sustainable, zero-carbon future.
