NORWALK,
Conn., Dec. 2, 2024 /PRNewswire/ -- Emeren
Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL),
a leading global solar project developer, owner, and operator,
today announced the release of its 2023 Environmental, Social, and
Governance (ESG) Report. The report highlights the company's
achievements in advancing sustainability, fostering inclusivity,
and maintaining robust governance, underpinned by a systematic and
transparent approach aligned with the Global Reporting Initiative
(GRI) standards.
Highlights in Emeren's 2023 ESG Report include:
Sustainability at the Core:
- Delivered 253 MW of clean energy through its IPP assets,
powering 9,000+ homes and reducing 21,655 tons of CO2
emissions globally.
- Expanded its 1.5 GW Battery Energy Storage System (BESS)
portfolio in Europe and completed
its first solar energy storage project in China.
- Adopted comprehensive emissions tracking, reporting 1,215
tCO2 across Scope 1, 2, and 3, with ongoing initiatives
to enhance efficiency.
Empowering People and Communities:
- Maintained a zero-injury workplace and reported no
discrimination incidents, demonstrating a steadfast commitment to
safety and equity.
- Increased workforce diversity, with 42% women employees and 80%
of the board identifying as underrepresented minorities.
- Invested in human capital with 3,688 hours of employee training
in safety, leadership, and technical development.
Governance Built for Accountability:
- Strengthened ESG oversight with a three-tier governance
framework and board-level ESG Committee, ensuring accountability
and progress tracking.
- Aligned with the United Nations Global Compact, committing to
principles of human rights, labor, environment, and
anti-corruption.
- Advanced cybersecurity measures, achieving zero data breaches
and enhancing data privacy protections.
Yumin Liu, CEO of Emeren Group,
commented, "I am pleased to present our 2023 ESG Report, marking a
year of meaningful progress toward our vision of a sustainable and
equitable future. At Emeren, ESG principles are deeply embedded in
every aspect of our operations, guiding our decisions and driving
innovation. During the reporting year, we expanded our global
footprint, advanced renewable energy adoption through key solar and
storage projects, and strengthened our governance practices to meet
the highest standards, positioning us to lead the global transition
to clean energy while delivering long-term value for all
stakeholders."
The full 2023 ESG Report is available on Emeren's website at
https://ir.emeren.com/investor-kit-esg-earnings-etc.
About Emeren Group Ltd
Emeren Group Ltd (NYSE: SOL), a renewable energy leader,
showcases a comprehensive portfolio of solar projects and
Independent Power Producer (IPP) assets, complemented by a
significant global Battery Energy Storage System (BESS) capacity.
Specializing in the entire solar project lifecycle — from
development through construction to financing — we excel by
leveraging local talent in each market, ensuring our sustainable
energy solutions are at the forefront of efficiency and impact. Our
commitment to enhancing solar power and energy storage underlines
our dedication to innovation, excellence, and environmental
responsibility. For more information, go to www.emeren.com.
For investor and media inquiries, please contact:
Emeren Group Ltd - Investor Relations
+1 (925) 425-7335
ir@emeren.com
The Blueshirt Group
Gary Dvorchak
+1 (323) 240-5796
gary@blueshirtgroup.co
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SOURCE Emeren Group Ltd