#China #ESG Report #Xiamen #Antaisolar #RAISE Strategy

Introduction

Antaisolar, a leading provider of digital intelligent photovoltaic (PV) mounting systems, has recently released its first Environmental, Social, and Governance (ESG) report. This pivotal document reflects the company's robust strategy towards sustainable development, which is aptly captured in their new slogan, "RAISE a Green World".

Highlights of the ESG Report

The report elaborates on Antaisolar's innovative RAISE strategy, which is built upon five crucial pillars: Robustness, Advancement, Inclusiveness, Symbiosis, and Engagement. Antaisolar's commitments within these areas signal the company's dedication not only to environmental sustainability but also to social responsibility and ethical governance.

Environmental Goals

Antaisolar has set ambitious environmental targets, aiming for:

• - 100% operational carbon neutrality by 2025
• - 80% production carbon neutrality by 2028

These goals encompass a wide range of initiatives, including reductions in carbon emissions, increased use of recycled materials, and improved water recycling practices. The firm aims to minimize its ecological footprint and significantly enhance resource efficiency by adhering to the principles of a circular economy.

To support these objectives, Antaisolar has fully integrated the ISO 14001 environmental management system, ensuring compliance with stringent global environmental standards. They have also generated 478.74 MWh of electricity from rooftop solar installations across their manufacturing facilities, showcasing their commitment to sustainable energy use.

Social Initiatives

On the social front, Antaisolar has invested approximately 38.3 million RMB in research and development, employing 99 R&D experts and contributing 3.35% of its revenue towards innovation. This funding emphasizes advancements in materials, structures, and intelligent algorithms, ensuring that Antaisolar remains at the forefront of technological evolution.

Moreover, the company values diversity, with 47% of its workforce being female and a substantial investment of 430,000 RMB in employee training—averaging 28 hours of skill enhancement per employee annually. Such dedication to fostering a diverse and skilled workforce illustrates Antaisolar's commitment to community and social responsibility.

Governance and Ethics

Antaisolar also emphasizes strong governance practices, focusing on product development and quality assurance aligned with ethical standards. This dedication earned them the ECOVADIS Bronze Award in 2023, a testament to their corporate responsibility leadership. CEO Jasmine Huang aptly summarizes their philosophy: "Sustainable development is not just a goal, it is a responsibility and a commitment to future generations."

Conclusion

Antaisolar's inaugural ESG report not only outlines a comprehensive commitment to sustainable development but also sets a precedent for other companies in the renewable energy sector. By aligning their business practices with environmental stewardship and social responsibility, Antaisolar is affirming its role as a leader in promoting a sustainable and equitable future. For those interested in a deeper understanding of their initiatives, the full ESG report can be accessed on their official website at www.antaisolar.com.