LONGi Green Energy Technology Co., Ltd., a prominent global leader in solar technology, has recently published its 2023 Sustainability Report, offering a comprehensive overview of its accomplishments and initiatives throughout the year. Covering the period from January 1 to December 31, 2023, and extending beyond, the report underscores LONGi’s steadfast commitment to economic, environmental, social, and governance (ESG) principles.
Technological Advancements: In 2023, LONGi continued to reinforce its position at the forefront of the solar industry with substantial investments in research and development, totaling RMB 7.721 billion. This commitment fueled innovations within its “3+1” technology framework, notably the introduction of the Hi-MO X6 modules featuring advanced HPBC technology. These modules achieve a remarkable 2.27% increase in light absorption and up to 6% higher power generation compared to previous models, coupled with an anti-dust design for enhanced performance in diverse environments.
Continuing its trajectory of innovation, LONGi unveiled the Hi-MO X6 Max in May 2024, an upgraded version that incorporates TaiRay Inside wafer technology. This advancement sets new industry benchmarks, improving module performance metrics such as first-year power degradation and power temperature coefficients, while significantly enhancing mechanical durability.
Environmental Responsibility: LONGi remains dedicated to environmental stewardship, actively participating in global sustainability initiatives like RE100, EP100, and EV100. These efforts underscore LONGi’s commitment to promoting renewable energy adoption, enhancing energy efficiency, and reducing carbon emissions. In 2023, the company made substantial progress in its carbon reduction strategies, aligning with its LIGHT sustainability philosophy—Leadership, Innovation, Green, Harmony, and Trust.
People and Community Engagement: Beyond technological advancements, LONGi prioritizes human and labor rights, adhering to international standards such as the United Nations Guiding Principles on Business and Human Rights (UNGPs) and International Labour Organization (ILO) guidelines. The company engages with local communities through various social responsibility initiatives, fostering inclusive workplaces and supporting economic development in regions where it operates.
Supply Chain Management: LONGi upholds rigorous supply chain management practices focused on sustainability and ethical sourcing. By enforcing stringent quality control measures, the company ensures that its products meet high standards of reliability and safety. This commitment extends across its supply chain, reinforcing LONGi’s reputation as a trustworthy and responsible corporate entity.
The LIGHT Sustainability Philosophy: At the core of LONGi’s operations and strategic decisions lies its LIGHT sustainability philosophy. This framework guides the company’s pursuit of environmental sustainability, continuous innovation, harmonious stakeholder relationships, and the cultivation of trust through transparency and integrity.
Looking Ahead: LONGi’s 2023 Sustainability Report not only highlights its achievements but also underscores its ongoing commitment to creating a sustainable future. By aligning with international standards and sustainability initiatives, LONGi aims to sustain its leadership in the solar industry while contributing to a greener and more sustainable world.
In conclusion, LONGi’s dedication to ESG principles, coupled with its technological prowess and community engagement efforts, positions it as a trailblazer in global solar innovation. The company’s 2023 Sustainability Report reaffirms its mission to deliver affordable, clean energy solutions, driving positive environmental and societal impacts worldwide.