DMEGC Solar Achieves Significant Recognition in Sustainability
On October 15, DMEGC Solar marked a notable achievement in the realm of sustainable development by securing
two SSI ESG Silver certifications for its module locations in Sihong and Lianyungang, Jiangsu Province. This acknowledgment, awarded by the Solar Stewardship Initiative (SSI), cements DMEGC's position as a leader in the photovoltaics sector, highlighting its commitment to Environmental, Social, and Governance (ESG) practices.
The SSI program, a collaborative effort by Solar Power Europe and Solar Energy UK, aims to promote a more responsible and sustainable value chain within the solar industry. In October 2023, SSI introduced its inaugural set of standards to evaluate companies' sustainable performance across three critical dimensions: corporate governance and business ethics, environmental protection, and human and labor rights.
As per the SSI's new directive, it will become increasingly imperative for all photovoltaic modules exported by SSI members to European core markets to fully comply with stringent ESG management and traceability requirements within the next three years. This trend indicates that SSI certification is set to become a vital asset for photovoltaic firms aiming to access European markets, where capabilities in ESG and traceability will be key factors in international competition.
The recent certification for DMEGC's facilities in Sihong and Lianyungang signifies that 100% of its N-type modules adhere to SSI standards. This achievement will bolster the company’s competitiveness as they export to European markets, enhancing its reputation as a trustworthy supplier.
DMEGC Solar strategically integrates sustainable development into its core operations. The company continuously refines its corporate governance structure and management systems while actively promoting the synergistic growth of economic, ecological, and social values. Over the years, DMEGC Solar's ESG performances have been recognized by various authoritative institutions, earning accolades such as an MSCI ESG rating of
BBB, a
CDP Water Security A rating, a
Climate Change B rating, and a
Ecovadis Silver certification, consistently topping industry charts for ESG progress.
The dual SSI ESG Silver certifications not only enhance DMEGC Solar's credibility and competitiveness in the global market but also solidify its advantageous position in Europe. Furthermore, this recognition motivates the firm to deepen the development of its ESG systems, contributing to a more transparent, responsible, and sustainable future for the global photovoltaic sector.
In summary, DMEGC Solar’s prestigious accolades reflect its unwavering commitment to leading the charge in sustainable practices within the solar industry. As the market evolves, DMEGC stands poised to not only meet the challenges but also to drive innovation in sustainable development initiatives.
For further information regarding DMEGC Solar and its sustainability practices, visit their website or reach out through their investor relations channel.