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Yingli Solar Unveils Its 2024 ESG Report

Yingli Energy Development Co., Ltd., commonly referred to as Yingli Solar, has recently released its 2024 Environmental, Social, and Governance (ESG) report. This marks their third consecutive year of publishing such a report, and it underscores the company’s dedication to sustainable practices within the renewable energy sector. The report was unveiled during the SNEC event in Shanghai, and Yingli Solar was proudly recognized by the Asian PV Industry Association (APVIA) as one of the top 100 global leaders in ESG within the new energy category.

Commitment to Sustainability and Environmental Responsibility

Yingli Solar has long been committed to a green, low-carbon development path, proving their responsibility in sustainable growth as a state-owned enterprise. In the report, major achievements in environmental protection for the year 2024 are highlighted. Notably, the company has successfully reduced its total energy consumption per unit by 3,062 kWh/MW compared to 2023. Additionally, Yingli Solar has made significant strides in water conservation, saving approximately 4,000 tons of water a month and around 1.31 million kWh of electricity annually.

The company has also achieved a remarkable product qualification rate of 100% and a customer satisfaction rate of 96.17%, indicating their dedication to high-quality standards in their product offerings.

Leading Social Responsibility Efforts

Allen Geng, the General Manager for International Sales, emphasized Yingli Solar’s strong commitment to corporate social responsibility. The company joined the WWF's Climate Savers program in 2013, becoming one of the first photovoltaic (PV) companies in China to do so. In 2020, Yingli Solar was ahead of the curve in the industry by setting goals aimed at reducing carbon emissions. Their exemplary efforts have also earned them inclusion in the first ESG value index for China’s New Energy industry by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products for 2023.

Furthermore, Yingli Solar has been awarded the titles of "Top 10 for Outstanding Value Contribution" and "Top 10 for Exemplary Responsibility Contribution" as part of the green sustainable ESG success stories list for 2024, recognizing their efforts in ESG and striving towards carbon neutrality.

Building Strategic Partnerships

Yingli Solar's strong reputation regarding corporate responsibility has led to strategic partnerships with various global brands, enhancing its influence in the industry. Looking to the future, the company has pledged to continue its responsible corporate policies by delivering high-quality products and services. They aim to collaborate with a broader array of partners to advance the “Beautiful China Initiative,” which seeks to improve the quality of life across the nation.

In conclusion, Yingli Solar's ESG report for 2024 not only reflects their dedication to sustainable practices but also sets a benchmark for what can be achieved within the renewable energy sector. With their ongoing commitment to environmental protection, social responsibility, and quality assurance, Yingli Solar is poised to remain a leader in the transition toward a more sustainable energy future.