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Yingli Solar Unveils Its 2024 ESG Report

Yingli Energy Development Co., Ltd., popularly known as Yingli Solar, has officially released its annual Environmental, Social, and Governance (ESG) report for the year 2024. This announcement follows the company’s selection as one of the top 100 companies in the Global New Energy ESG rankings by the Asian PV Industry Association (APVIA) during the recent SNEC conference in Shanghai. This is a significant recognition that reflects Yingli's continuous commitment to sustainable development.

A Commitment to Sustainable Practices

For many years, Yingli Solar has been dedicated to green and low-carbon development, showcasing its pledge to sustainability and corporate responsibility as a public company. The 2024 ESG report marks the third consecutive year that the company has published such a report, reinforcing its dedication to transparency and accountability in its operations.

According to the report, Yingli Solar has accomplished notable advancements in environmental performance. The company successfully reduced its overall energy consumption per unit by 3,062 kWh/MW compared to the previous year. Furthermore, it achieved substantial water savings of approximately 4,000 tons per month and an annual electricity saving of 1.31 million kWh. These achievements are indicators of the company's proactive approach to minimizing its environmental footprint.

Moreover, Yingli Solar has maintained an impressive product qualification rate of 100%, bolstered by a customer satisfaction rate of 96.17%. Such metrics not only highlight the quality of its products but also demonstrate Yingli's commitment to customer satisfaction and quality management.

Pioneering Carbon Reduction Initiatives

Allen Geng, the company’s International Sales Director, emphasized Yingli Solar's robust dedication to social responsibility. Since joining the WWF Climate Savers program in 2013, Yingli has been at the forefront of the photovoltaic industry in China, setting an example for others to follow. The company made headlines in 2020 by being one of the pioneers in the industry to announce specific carbon emission reduction targets.

In 2023, Yingli was included in the inaugural ESG value index for the new energy industry in China, organized by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. This inclusion not only reinforces its reputation but also underscores its impact in the sustainable energy sector.

Yingli Solar's exceptional contributions in ESG practices and carbon neutrality earned it a spot in the Top 10 for creating value and responsible models in the 2024 ESG Case Studies list.

Building Strategic Partnerships

Yingli Solar's reputation for corporate responsibility has paved the way for strategic partnerships with numerous global brands. Moving forward, the company is committed to maintaining its responsible practices while continuing to provide high-quality products and services.

Moreover, Yingli aims to collaborate with a broader range of partners to advance the