Trina Solar, a PV and energy storage solutions provider, has released its 2023 Sustainability Report, demonstrating progress in its sustainability journey.
Aligned with the company’s mission of ‘Solar Energy for All’, the report details Trina Solar’s sustainability management and performance, addressing environmental, social, and governance (ESG) priorities, and highlights substantial business growth over the past year.
“As the world moves steadily towards a sustainable future, green energy and environmental innovation have become critical drivers,” commented Gao Jifan, Chairman & CEO of Trina Solar.
“We utilise green technology to advance global low-carbon development and collaborate with our partners to create a net-zero world. The company has been practising six key strategies of ‘innovation, branding, globalisation, platformisation, intellectualisation, and industry-finance synergy’ to lead the industry,”
Report Highlights:
1: Continuous R&D Investment:
A 2023 investment in research and development reached $785m. The company’s Vertex N-type Modules achieved a maximum power of 720.53W with 23.2% efficiency, certified by a third-party organisation.
2: Reduction in Carbon Footprint:
In 2023, the GHG emissions intensity of Trina Solar’s cells was reduced to 27.66 tCO2e/MW, a 43% decrease from the 2020 baseline, while the GHG emissions intensity of its modules was 9.30 tCO2e/MW, a 61% reduction from the 2020 baseline.
3: Zero-Carbon Factory Certification:
In April 2023, Yiwu Technology was granted the Zero-Carbon Factory (Type 1) Certificate for 2022 by Ti Testing and Certification Group. This made it the first Zero-Carbon Factory certified by an authoritative agency in the PV industry.
4: International Product Certification:
Trina Solar’s modules, including the Vertex, Vertex N, and Vertex S+ series, have received carbon footprint certification by international agencies. The Vertex and Vertex N series modules have also been granted Environmental Product Declaration certifications and Carbon Footprint of Products certification.
5: Promoting Diversity, Equity, and Inclusion:
By the end of 2023, the company had 26.06% female employees, 3,429 foreign employees, and 1,875 employees who identify as part of an ethnic minority.
6: Adherence to High Standards:
Trina Solar was awarded the ISO 37301:2021 international standard certification for compliance management by the British Standards Institution.
Progress
Trina Solar additionally highlighted that, during the 2023 reporting period, it received several awards for its ESG performance, including 2023 Forbes China Top 50 Innovative Enterprises, 2023 Bloomberg Green ESG 50, and Decarbonisation Leader by the European Union Chamber of Commerce in China.
Additionally, Trina Solar has joined the United Nations Global Compact (UNGC), committing to higher international sustainability standards. The 2023 Sustainability Report follows the latest Global Reporting Initiative (GRI) Standards 2021 and the Task Force on Climate-Related Financial Disclosures (TCFD).
