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Cision Canada
28-05-2025
- Business
- Cision Canada
LONGi Selected for S&P Global's Sustainability Yearbook (China Edition) 2025
XI'AN, China , May 28, 2025 /CNW/ -- Recently, S&P Global released the Sustainability Yearbook (China Edition) 2025, and LONGi was selected for its outstanding performance in environmental, social, and corporate governance (ESG) aspects. This is the third time that LONGi has been selected for S&P Global's Sustainability Yearbook (China Edition), which is a recognition of LONGi's work in the field of sustainable development. Continue Reading LONGi Selected for S&P Global's Sustainability Yearbook (China Edition) 2025 The S&P Global Corporate Sustainability Assessment (CSA), with a 26-year history, is a globally recognized ESG performance evaluation tool and database. CSA results are utilized in over 200 indices published by S&P Dow Jones Indices and serve as a key reference for hundreds of institutional investors managing assets worth $35 trillion worldwide. The annual CSA scores determine eligibility for inclusion in the following year's Sustainability Yearbook. For the Sustainability Yearbook (China Edition) 2025, 164 Chinese companies were selected from over 1,600 assessed in the 2024 CSA. In terms of ESG management, in 2024, LONGi deepened the company's practices in environment, society, and governance (ESG), and achieved several sustainable development goals ahead of schedule. In the aspects of decarbonization path and resource efficiency, LONGi has also achieved significant results: the company's annual green electricity usage proportion steadily increased to 47.5%, which is equivalent to a reduction of about 2.5467 million tons of carbon emissions, with a 37% decrease in scope 1 and 2 carbon emissions compared to 2023, and a 26% decrease in scope 3 carbon emissions compared to 2023; the electricity consumption per unit of each production unit has significantly decreased compared to 2020, achieving the set targets. In addition, several new breakthroughs have been made in environmental fields: the annual environmental protection investment reached 370 million yuan , with zero environmental violation incidents, and all operating bases achieved full coverage of ISO 14001 certification. Five production bases passed the clean production audit. Jiaxing factory, after obtaining the WEF Lighthouse Factory certification, also passed the "zero-carbon factory" certification. In 2024, LONGi's silicon wafers, modules, and hydrogen energy products obtained 53 carbon footprint certification certificates globally, covering France , South Korea , and the international EPD system. These achievements not only demonstrate LONGi's environmental responsibility, but also set a new benchmark for the green and low-carbon transformation of the global photovoltaic industry. LONGi has always adhered to the vision of 'making the best of solar energy to build a green world', and is committed to creating affordable and accessible clean energy for the world. The company's development strategy is integrated with the United Nations' 2030 Sustainable Development Goals, and it is dedicated to achieving clean, renewable, and efficient energy utilization while working with numerous stakeholders to create a future where "everyone has access to affordable clean energy". About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. SOURCE LONGi Chuan Wang, [email protected]
Yahoo
28-05-2025
- Business
- Yahoo
LONGi Selected for S&P Global's Sustainability Yearbook (China Edition) 2025
XI'AN, China, May 28, 2025 /CNW/ -- Recently, S&P Global released the Sustainability Yearbook (China Edition) 2025, and LONGi was selected for its outstanding performance in environmental, social, and corporate governance (ESG) aspects. This is the third time that LONGi has been selected for S&P Global's Sustainability Yearbook (China Edition), which is a recognition of LONGi's work in the field of sustainable development. The S&P Global Corporate Sustainability Assessment (CSA), with a 26-year history, is a globally recognized ESG performance evaluation tool and database. CSA results are utilized in over 200 indices published by S&P Dow Jones Indices and serve as a key reference for hundreds of institutional investors managing assets worth $35 trillion worldwide. The annual CSA scores determine eligibility for inclusion in the following year's Sustainability Yearbook. For the Sustainability Yearbook (China Edition) 2025, 164 Chinese companies were selected from over 1,600 assessed in the 2024 CSA. In terms of ESG management, in 2024, LONGi deepened the company's practices in environment, society, and governance (ESG), and achieved several sustainable development goals ahead of schedule. In the aspects of decarbonization path and resource efficiency, LONGi has also achieved significant results: the company's annual green electricity usage proportion steadily increased to 47.5%, which is equivalent to a reduction of about 2.5467 million tons of carbon emissions, with a 37% decrease in scope 1 and 2 carbon emissions compared to 2023, and a 26% decrease in scope 3 carbon emissions compared to 2023; the electricity consumption per unit of each production unit has significantly decreased compared to 2020, achieving the set targets. In addition, several new breakthroughs have been made in environmental fields: the annual environmental protection investment reached 370 million yuan, with zero environmental violation incidents, and all operating bases achieved full coverage of ISO 14001 certification. Five production bases passed the clean production audit. Jiaxing factory, after obtaining the WEF Lighthouse Factory certification, also passed the "zero-carbon factory" certification. In 2024, LONGi's silicon wafers, modules, and hydrogen energy products obtained 53 carbon footprint certification certificates globally, covering France, South Korea, and the international EPD system. These achievements not only demonstrate LONGi's environmental responsibility, but also set a new benchmark for the green and low-carbon transformation of the global photovoltaic industry. LONGi has always adhered to the vision of 'making the best of solar energy to build a green world', and is committed to creating affordable and accessible clean energy for the world. The company's development strategy is integrated with the United Nations' 2030 Sustainable Development Goals, and it is dedicated to achieving clean, renewable, and efficient energy utilization while working with numerous stakeholders to create a future where "everyone has access to affordable clean energy". About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. View original content to download multimedia: SOURCE LONGi View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
17-04-2025
- Business
- Korea Herald
Noah Holdings Recognized for ESG Excellence in S&P Global Sustainability Yearbook (China Edition) 2025
SHANGHAI, April 17, 2025 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, has secured a place in the S&P Global Sustainability Yearbook (China Edition) 2025. This recognition highlights the Company's excellence in Environmental, Social, and Governance (ESG) practices and commitment to responsible investing across its entire platform, including its international brand ARK Wealth Management, which serves as a core component of the Company's global strategy. The Yearbook highlights companies that demonstrate strong ESG risk management, industry leadership, and measurable progress on key sustainability indicators such as climate action, corporate governance, and social responsibility. Noah was selected from 1,662 Chinese enterprises evaluated through S&P Global's Corporate Sustainability Assessment (CSA) and emerged as one of only seven companies in the Financial and Capital Market Services Sector to receive this distinction. The inclusion reflects Noah's position in the top 15% of its industry, with a sustainability score within 30% of the sector's global leader, based on S&P Global's evaluation criteria. "We are proud to be included in this year's S&P Global Sustainability Yearbook (China Edition), a recognition that validates our strategic commitment to ESG principles," said Zander Yin, CEO of Noah Holdings. "This acknowledgement reflects our success in integrating sustainability throughout our operations and client solutions while maintaining strong governance and transparency." This distinction builds on Noah's recent ESG accolades, including 'A' ratings by both Refinitiv and Wind ESG, placing Noah in the top 1.8% and top 6% of its industry respectively across the globe. Noah has been an ESG advocate since its founding. Noah and its subsidiary Gopher Asset Management are both signatories to the UN Principles for Responsible Investment (UN PRI), and for ten consecutive years, the Company has published its annual Sustainability Report, which details how it is embedding ESG practices across long-term corporate strategy and business operations. Noah, as a pioneer in responsible investment in China, has also launched ESG-themed private equity products, established a responsible investment task force, and released its own ESG Investment Due Diligence Action Report to enhance transparency and accountability. Beyond financial services, Noah champions biodiversity and education through initiatives led by the Noah Foundation, including an "Equal Education Opportunity Fund" launched in 2024, long-standing support for Society of Entrepreneurs & Ecology (SEE) Foundation's ecological restoration efforts, and active engagement in national biodiversity protection networks. Noah also strongly advocates for gender equality and inclusive leadership, with 62% of employees, 44% of executives, and 44% of board members being women. The Company was recently recognized by Forbes China as one of the 2023 Most Innovative Employers. As global attention turns to COP29, Noah continues advancing its ESG governance framework in alignment with China's "dual carbon" goals and The Paris Agreement, to build a more resilient, sustainable, and inclusive global economy. ABOUT NOAH HOLDINGS LIMITED Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for mandarin-speaking high-net-worth investors. Noah's American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol "NOAH", and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code "6686." One ADS represents five ordinary shares, par value $0.00005 per share. In 2024, Noah distributed RMB63.9 billion (US$8.8 billion) of investment products. Through Gopher Asset Management and Olive Asset Management, Noah had assets under management of RMB151.5 billion (US$20.8 billion) as of December 31, 2024. Noah's domestic and overseas wealth management business primarily distributes private equity, public securities and insurance products denominated in RMB and other currencies. Noah's network covers major cities in mainland China, as well as Hong Kong (China), New York, Silicon Valley, Singapore, and Los Angeles. The Company's wealth management business had 462,049 registered clients as of December 31, 2024. Through its domestic and overseas asset management business operated by Gopher Asset Management and Olive Asset Management, Noah manages private equity, public securities, real estate, multi-strategy and other investments denominated in RMB and other currencies. The Company also provides other businesses.
