#Sustainability #China #Hangzhou #EcoVadis #Astronergy

Astronergy Achieves EcoVadis Platinum Certification

Astronergy has made headlines in the sustainability realm after receiving the prestigious EcoVadis Platinum certification. This remarkable achievement places the company among the top 1% of businesses globally, underscoring its commitment to sustainability and responsible business practices.

In the latest sustainability evaluation by EcoVadis, Astronergy scored an impressive 86 points. This certification is not merely a trophy; it reflects the company's dedication across four critical areas of assessment: the environment, labor and human rights, ethics, and sustainable procurement. Specifically, Astronergy achieved stellar scores of 90 for the environment, 85 for labor rights, 87 for ethical governance, and 83 for its procurement practices. These results showcase the company’s strong capabilities in sustainable development and solidify its status as a global benchmark in the photovoltaic industry.

Haiyang Huang, the Executive Vice President and Chief Sustainability Officer at Astronergy, emphasized the importance of this recognition. She stated, "This achievement reflects Astronergy's long-standing commitment to sustainability as it relates to our strategic decisions, corporate governance, manufacturing, and supply chain management." Huang further elaborated on the company’s initiative to enhance its product lifecycle management and develop a more transparent and traceable supply chain, aimed at supporting the global energy transition and fostering sustainable growth in the photovoltaic sector.

Astronergy has fully integrated Environmental, Social, and Governance (ESG) principles into its long-term strategy and operational practices. In 2023, the company unveiled its comprehensive sustainability strategy, outlining a clear roadmap to achieve carbon neutrality across its entire value chain by 2050. To effectively reach these ambitious goals, Astronergy has taken significant steps, including securing “zero carbon” certification for its manufacturing sites in Yancheng and Jiuquan.

In pursuit of accelerating its evolution, Astronergy is actively engaging with global sustainable development initiatives, such as the United Nations Global Compact's Forward Faster initiative, the Science Based Targets initiative (SBTi), and the Sustainable Fuel Alliance. Looking ahead, the company is committed to continually enhancing its sustainability management systems to deliver more eco-friendly and reliable solutions that align with the needs of the global energy transition.

As more companies strive for sustainability, Astronergy’s achievement serves as a beacon of what responsible business practices can achieve in the photovoltaic industry. The recognition by EcoVadis not only highlights Astronergy’s outstanding practices but also sets a standard for others in the sector to aspire to. The company's accomplishments in sustainability pave the way for a more sustainable future, not just for the business itself but for the industry at large.

In conclusion, Astronergy's commitment to sustainability and constant improvement underscores its vision for a greener future, proving that sustainable business practices can drive positive change across the globe.