#Sustainability #China #Hangzhou #EcoVadis #Astronergy

Astronergy Achieves Prestigious EcoVadis Platinum Rating

Astronergy, a prominent player in the photovoltaic (PV) industry, has made headlines by attaining the EcoVadis Platinum rating, a recognition that places it among the top 1% of all companies evaluated worldwide. This commendable achievement was confirmed in the latest sustainability assessment report by EcoVadis, where Astronergy obtained an impressive score of 86.

A Commitment to Sustainability

The EcoVadis assessment evaluated Astronergy across four critical areas of sustainability: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The company scored brilliantly in all these facets, with notable scores of 90 in Environmental practices, 85 in Labor & Human Rights, 87 in Ethics, and 83 in Sustainable Procurement. These results not only highlight Astronergy's dedication to sustainability but also set a benchmark in the PV manufacturing sector.

Haiyang Huang, the Executive Vice President and Chief Sustainability Officer at Astronergy, emphasized that this recognition reflects the company's ingrained commitment to sustainability. She stated, "This recognition... reflects Astronergy's long-standing commitment to sustainability across our strategic decisions, corporate governance, manufacturing, and supply chain management."

Advancing the PV Industry

Astronergy is leading the charge in the PV sector by integrating Environmental, Social, and Governance (ESG) principles into its long-term strategy and daily operations. As part of its commitment, the company unveiled its Sustainability Strategy in 2023, laying out a clear roadmap aimed at achieving carbon neutrality across its entire value chain by 2050. To further accelerate this transition, Astronergy has successfully applied for Zero-Carbon Factory certifications at its Yancheng and Jiuquan manufacturing sites.

In line with its goals, Astronergy is actively engaging with various global organizations focusing on sustainability. The company is participating in initiatives such as the UN Global Compact's Forward Faster initiative, the Science Based Targets initiative (SBTi), and the Sustainable Fuel Alliance Initiative. These collaborations reflect Astronergy's dedication to not just achieving its own sustainability goals but also contributing broadly to the global energy transition.

Looking Ahead

The road ahead for Astronergy is filled with opportunities to enhance its sustainability practices further. As emphasized by Huang, the company will continue to refine its sustainability management frameworks, with the aim of delivering greener and more reliable solutions in the energy sector. Astronergy's proactive stance in committing to a transparent and traceable supply chain reflects its broader ambition of aligning with global sustainability efforts and fostering responsible practices in the photovoltaic industry.

In conclusion, Astronergy's recognition by EcoVadis not only positions it as a leader in the PV sector but also sets a powerful precedent for other companies striving for sustainability. With its continued focus on innovation and responsibility, Astronergy is paving the way for a more sustainable future in the renewable energy landscape.