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Yingli Solar's Commitment to Sustainability: A Look at the 2024 ESG Report

Yingli Energy Development Co., Ltd., widely recognized as Yingli Solar, has formally introduced its annual ESG (Environmental, Social, and Governance) report for 2024. At a recent event organized by the Asian Photovoltaic Industry Association (APVIA) in Shanghai, the company was also nominated for the prestigious Global New Energy ESG Top 100 Enterprises list. This recognition underlines Yingli's position as a leader in sustainable energy solutions.

Yingli Solar has a long-standing commitment to green and low-carbon development. The 2024 report marks the third consecutive year the company has published its ESG initiatives, illustrating its dedication to sustainable and responsible corporate practices. Notably, in 2024, the company achieved significant environmental milestones, reducing its energy consumption per unit to 3,062 kWh/MW compared to the previous year. Furthermore, Yingli Solar managed to conserve 4,000 tons of water monthly and save approximately 1.31 million kWh of electricity annually.

Quality control remains a top priority for Yingli Solar, as evidenced by their achievement of a 100% product qualification rate along with a customer satisfaction rate of 96.17%. These figures indicate not only a commitment to environmental sustainability but also to delivering superior products and services to its consumers.

Allen Geng, the General Manager of International Sales, emphasized Yingli Solar's unwavering dedication to social responsibility. A notable milestone was joining the World Wildlife Fund's Climate Savers program in 2013, making Yingli one of the early adopters of such initiatives within China's photovoltaic sector. In 2020, the company set ambitious carbon emission reduction targets, establishing itself as a pioneer in the industry. The China Chamber of Commerce for Import and Export of Machinery and Electronic Products also acknowledged Yingli Solar by including it in the inaugural ESG Value Index for New Energy Industries in China in 2023.

Yingli Solar's consistent efforts towards meeting ESG criteria and achieving carbon neutrality have not gone unnoticed; the company was awarded the Top 10 Excellence in Value Contribution and the Top 10 Model Responsibility Contribution at the 2024 Green and Sustainable ESG Cases Awards. This recognition speaks volumes about Yingli's role in promoting environmentally responsible practices in the energy sector.

The corporate reputation of Yingli Solar concerning social responsibility has fostered strategic partnerships with several global brands, enhancing its outreach and impact within the renewable energy landscape. In its future endeavors, Yingli Solar is committed to sustaining its responsible corporate ethos while providing high-quality products and services. The company aims to collaborate with a broader range of partners to support the Beautiful China initiative, ultimately contributing to improving the quality of life for all.

By integrating environmental sustainability into its core operations and continuously striving for improvement, Yingli Solar not only sets a benchmark within the industry but also inspires other organizations to follow suit. As it moves forward, the company reaffirms that its mission is firmly rooted in creating a greener and more sustainable future for generations to come.

In conclusion, Yingli Solar’s 2024 ESG report not only highlights its achievements but also reiterates its commitment to sustainable practices. Being recognized as a leader in sustainability further strengthens its resolve to innovate and uphold high standards of corporate responsibility within the renewable energy sector.