Trina Solar has published its 2019-20 report on corporate social responsibility (CSR). The report, covering two years, details the company’s many practices and achievements in relation to CSR and sustainability, such as corporate governance, technology leadership, product innovation, green sustainable development, contributing to society and responding to COVID-19.
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Excellent performance in sustainability
According to Trina Solar 2020 Sustainable Development Goals, compared with the base year 2015, for consolidated energy consumption per MW module, Trina Solar set the goal of a 10% reduction but the CSR report shows the decline was actually 29.5% in 2020 compared with 2015.
For one production unit of each electric power produced (MW), the company pledged to reduce electricity consumption by 15% and water consumption by 10% in The report disclosed that last year these targets were well and truly met. Electricity consumption fell 59.7% compared with 2015 and water consumption fell 50.6% using the same benchmark. In 2019, the reduction in greenhouse gas emissions in domestic China reached 46% compared with 2015, and last year the performance was even better, a reduction of 68.6% compared with 2015.
By the first quarter of 2021, Trina Solar had shipped more than 70GW+ of modules, which can generate about 90 billion kWh of clean-energy power and reduced CO2 emissions by 94.22 million tons per year, equivalent to planting 5.1 billion trees.
In 2019 clean-energy generation capacity of solar power plants owned by Trina Solar
in China exceeded the power consumption of all the company’s domestic manufacturing plants and R&D centers by 14 million kWh. Last year the corresponding figure was almost 30 times as much, 412 million kWh.
Trina Solar has joined the global Science Based Targets initiative and signed the Business Ambition for 1.5°C pledge. This once again underlines the company’s commitment to helping to limit the rise in the global temperature to 1.5°C through its own actions to cut emissions. Taking tough measures to combat COVID-19 but minimizing the impact on business operations
After the outbreak of COVID-19 last year Gao Jifan, chairman of Trina Solar, took immediate action to buy anti-pandemic supplies in China and elsewhere, and donated
to pandemic outbreak centers.
Trina Solar also set up internal emergency response mechanisms as well as employee care programs to ensure both control and prevention of the pandemic while adhering to normal business operations as practically and safely as possible.
Speaking of the company’s performance and the opportunities and challenges ahead,
Gao said, “We believe that an era of high growth in the new energy is upon us. Trina Solar will remain steadfast in fulfilling its mission, committed to greater responsibility, and always giving back to society.”
As a world leader in PV and smart energy total solution provider, Trina Solar has always
prided itself on its diligence in fulfilling its corporate social responsibility. Since 2011 it
has rigorously abided by CSR reporting standards, publishing reports disclosing Trina
Solar’s strategies, practices and performance in the field of CSR.
From 2010 to 2020 the State Key Laboratory of PV Science and Technology operated
by Trina Solar had a total investment of about 10 billion RMB in R&D funding. It has become a world-class technical innovation platform. Last year the company’s spending
on R&D rose 22.29% over that of 2019 when such spending rose 23.73%. At the end
of June 2021, the company and the State Key Laboratory of PV Science and Technology
had broken 21 world records with respect to solar cell conversion efficiency and PV
module output power.
210 Vertex ultra-high power modules leading industry development Since 2019 Trina Solar has taken the lead in promoting the research and development of 210mm modules. Last year Trina Solar prepared to launch the Vertex ultra-high power modules worldwide and take the lead to realize their industrialization, leading the industry to formally enter the PV 600W+ ultra-high power era. Trina Solar’s 210mm ultra-high power modules and system-integrated new technology platform have pointed the way ahead for the PV industry.
Corporate transparency and regular information disclosure
On June 10 last year Trina Solar issued its first A-Shares on the Shanghai Sci-Tech Innovation Board, also known as the STAR MARKET, becoming the first PV company listed there. In the disclosure period of the CSR report, and from when the company was listed, it made 108 interim declarations and issued three regular reports. The highly efficient, transparent and regularized information disclosure system, with its complete and accurate declarations, contributes to the company’s excellent reputation in the market and more broadly for being highly scrupulous.
About Trina Solar (688599. SH)
Founded in 1997, Trina Solar is the world-leading PV and smart energy total solutions
provider. The company engages in PV products R&D, manufacture and sales; PV
projects development, EPC, O&M; smart micro-grid and multi-energy complementary
systems development and sales, as well as energy cloud-platform operation. In 2018,
Trina Solar launched its Energy IoT brand, established the Trina Energy IoT Industrial
Development Alliance together with leading enterprises and research institutes in
China and around the world, and founded the New Energy IoT Industrial Innovation
Center. With these actions, Trina Solar is committed to working with its partners to
build the energy IoT ecosystem and develop an innovation platform to explore New
Energy IoT, strives to be a leader in global intelligent energy. In June 2020, Trina
Solar is listed on the STAR Market of Shanghai Stock Exchange.