Yingli Solar's 2024 ESG Report Highlights Commitment to Sustainability

Yingli Solar's Commitment to Sustainability

Yingli Energy Development Co., Ltd., commonly known as Yingli Solar, has recently unveiled its 2024 Environmental, Social, and Governance (ESG) report. The report highlights the company's continuous commitment towards sustainable practices and showcases its achievements in reducing environmental impact. It is notable that Yingli Solar has also been recognized in the Global New Energy ESG Top 100 Enterprises, a list curated by the Asian PV Industry Association (APVIA) during the SNEC event held in Shanghai.

This marks the third consecutive year that Yingli Solar has produced an ESG report, reaffirming its role as a leader in the renewable energy sector. Among its key findings, the 2024 report reveals a substantial reduction in the company's overall energy consumption—specifically, a decrease of 3,062 kWh/MW compared to 2023. Additionally, the company reported monthly water savings of 4,000 tons and an annual electricity saving of 1.31 million kWh, significant strides towards minimizing its ecological footprint.

The impressive metrics extend to quality control measures, with Yingli Solar achieving a 100% product qualification rate, coupled with a remarkable customer satisfaction rate of 96.17%. Allen Geng, the General Manager of International Sales, emphasized Yingli Solar's relentless dedication to social responsibility. Underlining their commitment, the company joined the World Wildlife Fund's (WWF) Climate Savers program in 2013, becoming one of the first photovoltaic (PV) manufacturers in China to take such an initiative.

Furthermore, in 2020, Yingli Solar was among the first in the industry to announce carbon emission reduction targets, demonstrating a proactive approach to environmental responsibility. The recognition continues with Yingli Solar's inclusion in the inaugural China New Energy Industry ESG Value Index by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products in 2023. This accolade is a testament to the company's commendable efforts toward ESG principles and carbon neutrality.

In light of its phenomenal contributions to sustainability, Yingli Solar received multiple honors, including being listed among the Top 10 Excellence in Value Contribution and Top 10 Model Responsibility Contribution in the 2024 Green Sustainable ESG Case List. These accolades not only celebrate Yingli Solar's achievements but also amplify its commitment to cultivating responsible corporate practices.

Yingli Solar's dedication to corporate social responsibility has facilitated strategic partnerships with several prominent global brands, further extending its outreach and influence in the industry. The company is devoted to maintaining its ethos by providing top-quality products and services while actively seeking collaborations that align with initiatives like the Beautiful China Initiative. This endeavor aims to enhance the well-being of communities and improve overall quality of life.

In conclusion, Yingli Solar's 2024 ESG report not only provides insights into its operational strategies but also emphasizes the growing necessity for sustainability in the renewable energy sector. As the company continues to forge ahead on its green journey, stakeholders can look forward to witnessing its evolution into a more responsible entity that prioritizes environmental and social governance in all its endeavors.