Astronergy Achieves EcoVadis Platinum Rating, Ranking Among Top 1% Globally
In a remarkable achievement for sustainability, Astronergy has secured the prestigious EcoVadis Platinum rating, a commendable score of 86, which places the company in the elite top 1% of organizations worldwide. This accolade is particularly notable as it positions Astronergy as the first company in China's photovoltaic (PV) industry to obtain such recognition.
EcoVadis is a leading sustainability assessment platform, widely recognized for evaluating companies on various criteria linked to environmental, labor, ethics, and sustainable procurement practices. In this latest assessment, Astronergy excelled across all measurement domains, scoring impressively: 90 in Environment, 85 in Labor & Human Rights, 87 in Ethics, and 83 in Sustainable Procurement. These scores underscore the company’s commitment to industry-leading sustainability practices, reinforcing its status as a benchmark in responsible PV manufacturing and supply chain governance.
Haiyang Huang, EVP & CSO at Astronergy, remarked, "This recognition reflects Astronergy's long-standing commitment to sustainability across our strategic decisions, corporate governance, manufacturing, and supply chain management." She further emphasized the company's approach: "As a responsible company, we will continue strengthening full lifecycle product management, and building a more transparent and traceable supply chain. Through these efforts, we aim to contribute to the global energy transition and the sustainable growth of the PV industry."
To align with global sustainability principles, Astronergy has integrated Environmental, Social, and Governance (ESG) practices deeply into both its long-term strategy and operational frameworks. In 2023, the company unveiled its Sustainability Strategy, which sets forth a clear roadmap towards achieving carbon neutrality throughout its value chain by 2050. Demonstrating its commitment to these targets, Astronergy's manufacturing sites in Yancheng and Jiuquan have both been certified as Zero-Carbon Factories.
Moreover, to catalyze its progress towards sustainability goals, Astronergy has been actively involved with global sustainability organizations and initiatives. Their collaboration with the UN Global Compact's Forward Faster initiative, the Science Based Target initiative (SBTi), and the Sustainable Fuel Alliance Initiative showcases their dedication to advancing sustainable practices.
As it looks to the future, Astronergy aims to further enhance its sustainability management systems. The goal is to provide greener solutions and reliable energy alternatives that can support the global transition towards sustainable energy solutions. The journey taken by Astronergy not only highlights the pivotal role of companies in combating climate change but also sends a strong message about the responsibilities of the industry in the movement towards sustainability.
The company's recognition by EcoVadis serves as a significant indicator of its progress and commitment to excellence in sustainability within the global landscape. As it continues to push boundaries in corporate responsibility and sustainable practices, Astronergy sets a model worth emulating for companies across industries worldwide.
In both words and actions, Astronergy leads the charge towards a sustainable future, illustrating the vital intersection of renewable energy innovation and environmental stewardship. Through its efforts, Astronergy exemplifies how businesses can thrive while prioritizing the health of our planet, redefining success in the 21st century.
EcoVadis is a leading sustainability assessment platform, widely recognized for evaluating companies on various criteria linked to environmental, labor, ethics, and sustainable procurement practices. In this latest assessment, Astronergy excelled across all measurement domains, scoring impressively: 90 in Environment, 85 in Labor & Human Rights, 87 in Ethics, and 83 in Sustainable Procurement. These scores underscore the company’s commitment to industry-leading sustainability practices, reinforcing its status as a benchmark in responsible PV manufacturing and supply chain governance.
Haiyang Huang, EVP & CSO at Astronergy, remarked, "This recognition reflects Astronergy's long-standing commitment to sustainability across our strategic decisions, corporate governance, manufacturing, and supply chain management." She further emphasized the company's approach: "As a responsible company, we will continue strengthening full lifecycle product management, and building a more transparent and traceable supply chain. Through these efforts, we aim to contribute to the global energy transition and the sustainable growth of the PV industry."
To align with global sustainability principles, Astronergy has integrated Environmental, Social, and Governance (ESG) practices deeply into both its long-term strategy and operational frameworks. In 2023, the company unveiled its Sustainability Strategy, which sets forth a clear roadmap towards achieving carbon neutrality throughout its value chain by 2050. Demonstrating its commitment to these targets, Astronergy's manufacturing sites in Yancheng and Jiuquan have both been certified as Zero-Carbon Factories.
Moreover, to catalyze its progress towards sustainability goals, Astronergy has been actively involved with global sustainability organizations and initiatives. Their collaboration with the UN Global Compact's Forward Faster initiative, the Science Based Target initiative (SBTi), and the Sustainable Fuel Alliance Initiative showcases their dedication to advancing sustainable practices.
As it looks to the future, Astronergy aims to further enhance its sustainability management systems. The goal is to provide greener solutions and reliable energy alternatives that can support the global transition towards sustainable energy solutions. The journey taken by Astronergy not only highlights the pivotal role of companies in combating climate change but also sends a strong message about the responsibilities of the industry in the movement towards sustainability.
The company's recognition by EcoVadis serves as a significant indicator of its progress and commitment to excellence in sustainability within the global landscape. As it continues to push boundaries in corporate responsibility and sustainable practices, Astronergy sets a model worth emulating for companies across industries worldwide.
In both words and actions, Astronergy leads the charge towards a sustainable future, illustrating the vital intersection of renewable energy innovation and environmental stewardship. Through its efforts, Astronergy exemplifies how businesses can thrive while prioritizing the health of our planet, redefining success in the 21st century.
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