LONGi Green Energy Technology Co., Ltd., a global leader in solar technology, has released its 2023 Sustainability Report, providing an in-depth look at its achievements and initiatives in 2023. The report, covering the period from January 1, 2023, to December 31, 2023, and extending beyond to ensure a comprehensive narrative, reflects LONGi’s unwavering commitment to economic, environmental, social, and governance (ESG) principles.
Technological Innovation and Advancement:
LONGi has solidified its position at the forefront of the solar industry through significant investments in research and development. In 2023, the company allocated RMB 7.721 billion to R&D, underscoring its dedication to technological innovation. This investment has driven advancements within the “3+1” technology framework, highlighting LONGi’s capacity to lead the industry with groundbreaking solutions.
One of the standout innovations in 2023 was the introduction of the LONGi Hi-MO X6 modules, featuring cutting-edge HPBC technology. These modules offer a remarkable 2.27% increase in light absorption and up to 6% enhanced power generation compared to previous models. The Hi-MO X6’s anti-dust design ensures optimal performance even in challenging environments.
And LONGi continues to advance, and in May 2024, it released the Hi-MO X6 Max, an upgraded version of the existing Hi-MO X6. It inherits the core HPBC cell technology while incorporating the new TaiRay Inside wafer, setting industry size standards and better meeting the needs of distributed customers. This ensures LONGi remains a leader in global distributed PV development. The Hi-MO X6 Max reduces the first-year power degradation from 1.5% to 1%, optimizes the power temperature coefficient from -0.29%/°C to -0.28%/°C, and comprehensively enhances the electrical performance of the modules. The mechanical strength of the silicon wafer is increased by 16%, effectively reducing the risk of microcracks by more than 80% compared to conventional modules.
Environmental Responsibility:
LONGi’s environmental stewardship is exemplified by its participation in global sustainability initiatives such as RE100, EP100, and EV100. These initiatives aim to promote renewable energy usage, enhance energy efficiency, and reduce carbon emissions. In 2023, LONGi made significant strides in its carbon reduction strategies, aligning with its LIGHT sustainability philosophy, which stands for Leadership, Innovation, Green, Harmony, and Trust.
By integrating these principles, LONGi contributes to the global effort to combat climate change and promote sustainable development. The company’s actions are in line with the UN 2030 Sustainable Development Goals, particularly the goal of providing affordable and clean energy for all.
People and Community Engagement:
LONGi is deeply committed to upholding human rights and labor rights, adhering to the United Nations Guiding Principles on Business and Human Rights (UNGPs) and International Labour Organization (ILO) standards. The company’s dedication to community engagement is evident in its various initiatives aimed at improving the well-being of the communities in which it operates.
LONGi’s efforts include creating a positive and inclusive work environment, ensuring fair labor practices, and supporting local communities through various social responsibility programs. These initiatives reflect LONGi’s belief that a sustainable business must also contribute to the social and economic development of its surrounding communities.
Supply Chain Management:
LONGi maintains rigorous supply chain management and quality control processes to ensure product reliability and customer satisfaction. The company’s supply chain strategy focuses on sustainability and ethical sourcing, ensuring that all materials and components meet high standards of environmental and social responsibility.
By enforcing stringent quality control measures, LONGi guarantees that its products are not only technologically advanced but also reliable and safe for use. This commitment to quality and sustainability extends throughout the entire supply chain, reinforcing LONGi’s reputation as a trustworthy and responsible company.
LONGi’s LIGHT sustainability philosophy — Leadership, Innovation, Green, Harmony, and Trust — guides its approach to business and sustainability. This philosophy is deeply embedded in the company’s operations and strategic decisions, driving its efforts to create a positive impact on the environment and society.
Leadership: LONGi aims to lead by example, setting high standards for the industry and demonstrating the potential of renewable energy solutions.
Innovation: Continuous innovation is at the heart of LONGi’s strategy, enabling the development of cutting-edge technologies that enhance efficiency and performance.
Green: Environmental sustainability is a core focus, with LONGi committed to reducing its carbon footprint and promoting the use of clean energy.
Harmony: LONGi strives to create harmonious relationships with its stakeholders, including employees, customers, suppliers, and communities.
Trust: Building and maintaining trust is essential for LONGi, ensuring transparency, reliability, and integrity in all its actions.
LONGi’s ESG 2023 Sustainability Report highlights the company’s achievements and ongoing efforts in technological innovation, environmental responsibility, people and community engagement, and supply chain management. By aligning with international standards and sustainability initiatives, LONGi demonstrates its commitment to creating a sustainable future.
As LONGi continues to lead the solar industry, its dedication to ESG principles and the LIGHT philosophy ensures that it remains a beacon of technological superiority and corporate responsibility. The company’s 2023 Sustainability Report not only showcases its advancements and achievements but also reaffirms its mission to provide affordable, clean energy for all, contributing to a greener and more sustainable world.
