Recently, MSCI (Ming Sheng), an authoritative international indexing organization, released the results of JinkoSolar's ESG rating for 2024. With its outstanding performance in the ESG field, JinkoSolar scored a BBB rating for two consecutive years. At the same time, JinkoSolar's ratings on a number of key topics, such as cleantech opportunities, corporate governance, and corporate behavior, are at an industry-leading level.
MSCI ESG Ratings is one of the most authoritative international ESG evaluation systems, which aims to measure a company's ability to manage financial risk in the face of key environmental, social and governance (ESG) issues. Because of the high authority and credibility of its ESG ratings, it has become an important basis for investment in the international capital market.
In terms of clean technology, JinkoSolar continues to drive technological innovation in the photovoltaic industry through its leading N-Type TOPCon technology, delivering clean energy solutions to the world. Focusing on technology enhancement and R&D achievements, JinkoSolar has broken the world records for cell efficiency and module power for 26 times, and continues to promote the iterative upgrading of product efficiency. As of November 2024, JinkoSolar will have shipped more than 300GW of products, which means that one out of every seven modules comes from JinkoSolar, and one out of every seven kilograms of carbon emissions reductions is contributed by JinkoSolar.
In terms of corporate governance, JinkoSolar is committed to applying the concept of sustainable development throughout all aspects of its business operations, believing that top-down ESG management is the key to achieving sustainable development. We believe that top-down ESG management is the key to achieving sustainable development, and we will reduce carbon emissions from our operations as an important part of our efforts to reach net-zero emissions by 2050. In recent years, JinkoSolar has continued to improve the efficiency of its energy use and the proportion of clean energy by optimizing its energy structure, exploring energy-saving potential, and strengthening intelligent control. As of Q3 2024, JinkoSolar's green power ratio is the first among global PV companies to reach 53.3%.
JinkoSolar's ESG ratings have continued to be industry-leading since its inclusion in the MSCI Index. As the first company in the industry to join the RE100 and EP100 Green Initiatives, JinkoSolar also took the lead in passing the rigorous target audits by the Science-Based Carbon Target Initiative (SBTi) at the end of 2023, becoming the first PV group company in the world to complete all of the short-term, long-term and net-zero target audits by SBTi. In the future, JinkoSolar will continue to lead the industry with its innovation-driven approach and push the world to realize a greener and more sustainable energy future.
Legal Statement
Jinko Solar was listed on the STAR Board of the Shanghai Stock Exchange in 2022, and JinkoSolar Holding Co., Ltd., its indirect controlling shareholder, was listed on the New York Stock Exchange in 2010.
