Latest news with #GlobalCorporateSustainabilityAssessment
NDTV
5 days ago
- Business
- NDTV
Adani Ports Marks World Environment Day With Major Sustainability Milestone
New Delhi: In a significant stride toward environmental responsibility, Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday marked World Environment Day with a major sustainability achievement, saying 12 of its key ports have been awarded the Zero Waste to Landfill (ZWL) certification. This milestone reflects APSEZ's unwavering commitment to sustainable operations and environmental stewardship. "The initiative underscores APSEZ's proactive approach to tackling all types of waste and minimizing landfill contributions. Over the past year, the company has successfully recycled, reused, or repurposed nearly 300 tons of plastic waste - equivalent to the weight of approximately 100 elephants," said the flagship company of the Adani Group. This #WorldEnvironmentDay, 🌱we're proud to share a major sustainability milestone: 12 key #AdaniPorts are now Zero Waste to Landfill (ZWL) certified. In just one year, we've recycled, reused, or repurposed nearly 300 tons of plastic waste. Our commitments: ✅ Single-Use… — Adani Ports and SEZ Ltd (@Adaniports) June 5, 2025 As part of its broader sustainability roadmap, APSEZ has set an ambitious target to achieve Net Zero emissions by 2040. The company has already commissioned 225 MW of renewable energy capacity, reinforcing its dedication to clean energy and climate action. In parallel, APSEZ is also committed to implementing nature-based solutions for climate mitigation. The Company has successfully forested 4,240 hectares of mangroves and conserved additional 2,915 hectares that act as carbon sink and safeguard local communities against extreme weather events. APSEZ's efforts have not gone unnoticed on the global stage. For the second consecutive year, APSEZ secured the top spot in the Environment dimension in the 2024 S&P Global Corporate Sustainability Assessment (CSA). In overall ESG rating, the company ranked among the top 10 global transportation and infrastructure firms, with a score of 68 out of 100 - a three-point improvement from the previous year - placing it in the 97th percentile of its sector. Further recognition came from CDP, which awarded APSEZ an "A-" rating in both climate change and water security assessments for 2024. Notably, this marks the company's first entry into the leadership band for water security. Sustainalytics also reaffirmed APSEZ's leadership in the port sector, assigning it the top rank in low carbon transition rating, indicating the alignment of the company's projected greenhouse gases emissions with the global net zero target. On overall ESG risk, Sustainalytics has assigned a low-risk rating of 13.7 to APSEZ placing it among the top ten in marine ports sector. The company's strong ESG performance has earned it a place in the Nifty 100 ESG Index and a 'Prime' status from ISS ESG - a distinction that qualifies its equity and bond instruments for responsible investment portfolios. In a collaborative push toward industrial decarbonization, the Adani Mundra Cluster - comprising APSEZ Mundra Port, Adani New Industries Ltd., and Ambuja Cements Ltd. - has joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative, aimed at achieving net-zero emissions for the Cluster by 2050. "As the world observes Environment Day, APSEZ's achievements serve as a powerful reminder of the impact that dedicated corporate action can have on the planet," said the company. The company continues to champion the global call to #BeatPlasticPollution, inviting stakeholders and communities to join in building a cleaner, greener future.
Hans India
5 days ago
- Business
- Hans India
Adani Ports marks World Environment Day with major sustainability milestone
New Delhi: In a significant stride toward environmental responsibility, Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday marked the World Environment Day with a major sustainability achievement, saying 12 of its key ports have been awarded the Zero Waste to Landfill (ZWL) certification. This milestone reflects APSEZ's unwavering commitment to sustainable operations and environmental stewardship. 'The initiative underscores APSEZ's proactive approach to tackling all types of waste and minimizing landfill contributions. Over the past year, the company has successfully recycled, reused, or repurposed nearly 300 tons of plastic waste — equivalent to the weight of approximately 100 elephants,' said the flagship company of the Adani Group. As part of its broader sustainability roadmap, APSEZ has set an ambitious target to achieve Net Zero emissions by 2040. The company has already commissioned 225 MW of renewable energy capacity, reinforcing its dedication to clean energy and climate action. In parallel, APSEZ is also committed to implementing nature-based solutions for climate mitigation. The Company has successfully forested 4,240 hectares of mangroves and conserved additional 2,915 hectares that act as carbon sink and safeguard local communities against extreme weather events. APSEZ's efforts have not gone unnoticed on the global stage. For the second consecutive year, APSEZ secured the top spot in the Environment dimension in the 2024 S&P Global Corporate Sustainability Assessment (CSA). In overall ESG rating, the company ranked among the top 10 global transportation and infrastructure firms, with a score of 68 out of 100 — a three-point improvement from the previous year — placing it in the 97th percentile of its sector. Further recognition came from CDP, which awarded APSEZ an 'A-' rating in both climate change and water security assessments for 2024. Notably, this marks the company's first entry into the leadership band for water security. Sustainalytics also reaffirmed APSEZ's leadership in the port sector, assigning it the top rank in low carbon transition rating, indicating the alignment of the company's projected greenhouse gases emissions with the global net zero target. On overall ESG risk, Sustainalytics has assigned a low-risk rating of 13.7 to APSEZ placing it among the top ten in marine ports sector. The company's strong ESG performance has earned it a place in the Nifty 100 ESG Index and a 'Prime' status from ISS ESG — a distinction that qualifies its equity and bond instruments for responsible investment portfolios. In a collaborative push toward industrial decarbonization, the Adani Mundra Cluster — comprising APSEZ Mundra Port, Adani New Industries Ltd., and Ambuja Cements Ltd. — has joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative, aimed at achieving net-zero emissions for the Cluster by 2050. 'As the world observes Environment Day, APSEZ's achievements serve as a powerful reminder of the impact that dedicated corporate action can have on the planet,' said the company. The company continues to champion the global call to #BeatPlasticPollution, inviting stakeholders and communities to join in building a cleaner, greener future.
Malaysian Reserve
28-05-2025
- Business
- Malaysian Reserve
LONGi selected on the 2025 FORTUNE China ESG Impact List
XIAN, China, May 28, 2025 /PRNewswire/ — On May 16, the FORTUNE China officially unveiled its ESG Impact list, with LONGi securing its place on the ranking once again for its outstanding practices in environmental, social, and governance (ESG) domains. This marks the third time that LONGi has been honored since the list's inception, further solidifying its global influence in sustainable development practices within the photovoltaic industry. In 2024, LONGi deepened its ESG practices and achieved multiple sustainability goals ahead of schedule, reflecting its relentless efforts to realize its vision of 'affordable for all.' In ESG ratings, the company saw its MSCI ESG rating upgraded to BBB in 2024, earning the highest key issue scores among global semiconductor companies listed on A+H shares and topping the photovoltaic sector. LONGi also became the first in its industry to receive the 'Industry Top Movers' distinction from S&P Global Corporate Sustainability Assessment (CSA) and was included in the S&P Global Sustainability Yearbook (China Edition) 2025. Additional accolades—such as the EcoVadis Gold Medal (top 5% globally), CDP Water Security A- leadership rating, and a leading FTSE Russell ESG score of 3.8—underscore its benchmark status and industry leadership in ESG governance. As a clean energy innovator, LONGi places environmental responsibility at the core of its mission. In 2024, the company achieved significant progress in decarbonization and resource efficiency: its annual green electricity usage ratio rose to 47.5%, equivalent to reducing carbon emissions by approximately 2.5467 million metric tons. Its Jiaxing production base became the photovoltaic industry's first 'Lighthouse + Zero-Carbon' factory. In green supply chain development, as the first in the industry to obtain ISO 20400 sustainable procurement certification, LONGi conducted ESG due diligence for 123 new suppliers and 136 qualified suppliers in 2024, performed on-site audits for 48 critical suppliers, and facilitated 23 suppliers in obtaining certifications or improving disclosures. To advance energy equity, LONGi partnered with the UN Refugee Agency (UNHCR) in 2023 to launch a three-year global collaboration (2024–2026) focused on green transformation in humanitarian supply chains through renewable energy solutions. In November 2024, LONGi completed its first milestone project under this partnership: a 700-kilowatt solar photovoltaic power station at the Termez Humanitarian Logistics Center in Uzbekistan. The facility is expected to generate approximately 989,933 kilowatt-hours of electricity annually while reducing carbon emissions by 495 metric tons per year. This project represents a critical step in providing sustainable energy for emergency logistics and storage, setting a green transition model for global humanitarian operations and demonstrating renewable energy's potential in crisis-response infrastructure. As a responsible company, LONGi is driven by its mission to 'making the best of solar energy to build a green world', striving to be a pioneer, practitioner, and leader in sustainable development within the clean energy sector. Looking ahead, LONGi will continue to advance its ESG practices, leveraging technological innovation and global expansion to accelerate the energy transition and contribute to building a zero-carbon future for our planet. 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.
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
