GoodWe Establishes Dedicated Department to Strengthen ESG Governance and Drive Long-Term Sustainability Initiatives

GoodWe, a leading global company in the renewable energy industry, has announced the launch of the Sustainable Development Research Institute, a team dedicated to advancing the company’s Environmental, Social, and Governance (ESG) performance and practices.

Established in late 2023, the institute is tasked with formulating mid- to long-term sustainable development plans. It will play a role in promoting the effective implementation of sustainable decisions within the organization, better identifying, assessing, responding to, and continually managing ESG risks.

This latest move is the next step in GoodWe’s accelerated focus on sustainability, which Daniel Huang, CEO of GoodWe, described as “a strategic decision for the company’s long-term development.”

With inverters at its business core, GoodWe aims to solidify its position as a leading global player in the renewable energy sector by offering tailored energy solutions to customers in residential, commercial & industrial, and large-scale segments. By establishing this new team, the company will leverage its renewable expertise and resources to drive positive environmental and social impacts while simultaneously enhancing its prospects for long-term growth and profitability.

“As a company rooted in renewable energy and smart micro-grid, we understand the critical role we play in shaping a more sustainable future.” said Dr. Kenan Zhang, Director of the Sustainable Development Research Institute at GoodWe.

She added, “The purpose of opening this institute is to further optimize our ESG governance framework, develop robust sustainable development plans, and drive meaningful changes within our organization and beyond. Ultimately, we aim to enhance GoodWe and its supply chain’s resilience when facing potential climate and social challenges in the future.”