Creating A Shared Future Together | Solargiga Energy’s 2024 ESG Report Officially Released

In the context of actively promoting sustainable development worldwide, the clean energy industry represented by the PV industry has evolved into a key force in achieving green transformation and is playing an increasingly important role.

Creating A Shared Future Together | Solargiga Energy's 2024 ESG Report Officially Released

On April 28, Solargiga Energy Holdings Limited (hereinafter referred to as “Solargiga Energy”) officially released its 2024 Environmental, Social and Governance (ESG) Report. This report is not only a comprehensive summary of its sustainable development over the past year but also serves as its green commitment to all partners dedicated to sustainable development.

Since its establishment in 2000, it has been serving the clean energy industry. As a long-established PV manufacturer, Solargiga Energy continuously expands the supply of clean energy and helps the energy structure transformation worldwide. From optimizing and upgrading production processes to widely adopting clean energy in manufacture, we are committed to minimizing environmental impact at every stage.

In terms of the environment, Solargiga Energy unswervingly practices the concept of green production. In 2024, with a series of energy conservation and emission reduction measures, our total carbon dioxide emissions were significantly reduced by 35.82% than the previous year. This figure vividly demonstrates our determination and achievements in advancing the green development in the PV industry. In addition to our remarkable achievements in carbon emissions, we have also spared no effort in resources management. Solargiga Energy is well aware that PV manufacture requires a large amount of water consumption. Therefore, we regularly monitor and check water consumption by formulating the Current Energy Management Regulations, installing flow meters in factory buildings and taking other water-saving strategies.

Creating A Shared Future Together | Solargiga Energy's 2024 ESG Report Officially Released

In terms of business operation, in 2024, Solargiga Energy significantly increased the proportion of R&D investment and built new laboratories and test lines in Yancheng City, Jiangsu Province, in order to explore and apply such new technologies as high-efficiency PV cell technology and intelligent O&M system, thus improving energy utilization efficiency, ensuring lower energy consumption and emissions while producing more high-efficiency PV products, and providing customers with truly green and sustainable energy solutions.

02
-Benefiting Employees-

“People-oriented, Unleashing Potential” has always been Solargiga Energy’s consistent talent philosophy. During the reporting period, Solargiga Energy arranged customized training courses for employees on the latest industry trends and the application of AI technology in work to stimulate the potential of each employee.

Creating A Shared Future Together | Solargiga Energy's 2024 ESG Report Officially Released

Moreover, we pay attention to the physical and mental health of our employees. We not only have built leisure facilities such as football fields and table tennis rooms in the factory area, but also organized more than 10 cultural and sports activities throughout the year, including Women’s Day activities, Lantern Festival activities, fun sports games, etc., creating a harmonious and positive working atmosphere for every employee, so that every employee can realize their own value in Solargiga Energy and grow together with Solargiga Energy.

In 2024, Solargiga Energy also actively engaged in public welfare undertakings and fulfilled its corporate social responsibilities through concrete actions. During the reporting period, Solargiga Energy invested about RMB 1.64 million in public welfare undertakings, including establishing scholarships for underprivileged students, donating advanced research equipment to support academic studies, and sponsoring rural infrastructure projects, demonstrating its commitment to sustainable development through concrete actions.

Creating A Shared Future Together | Solargiga Energy's 2024 ESG Report Officially Released

03
-“Preventive Measures”-

In terms of corporate governance, Solargiga Energy has established a robust governance structure and internal control system to ensure that its decision-making is scientific, standardized and transparent. It strictly abides by relevant laws, regulations and regulatory requirements, and strengthens risk management, ensuring its stable operation. In addition, we strictly abide by relevant laws and regulations and actively respond to the concerns of shareholders and stakeholders. We have established a supplier evaluation system, adhere to green procurement, green production and green supply, and promote the sustainable development of the supply chain.

Solargiga Energy also actively strengthens communication and interaction with stakeholders. As a Hong Kong-listed company, Solargiga Energy regularly releases its ESG reports to disclose its sustainable development strategy and performance to all sectors of society and accept social supervision. Up to now, Solargiga Energy has released a total of 9 ESG reports. Each report is a solid footprint on our path to sustainable development, bearing witness to our commitment to and deepening of ESG philosophy.

04
-Progress Together with All Who Come-

The release of Solargiga Energy’s 2024 ESG report marks another significant milestone in its sustainable development journey, aligning with its increasingly globalized strategic goals. Standing at a new starting point, we will uphold higher ESG standards, deepen green energy technology innovation, and propel the PV industry toward greater efficiency, lower costs, and enhanced sustainability, contributing to the carbon neutrality goals worldwide.

We are well aware that sustainable development is not a single effort for any single enterprise, but a joint action of the whole society. In the future, Solargiga Energy will continue to work with partners, customers, employees and all sectors of society to build a closer sustainable development ecosystem and achieve symbiosis and win-win results in economic value, social value and environmental value. Moreover, we will also look forward to working with more like-minded partners to jointly explore new paths for sustainable development and make more contribution to building a clean, green and beautiful world.

Creating A Shared Future Together | Solargiga Energy's 2024 ESG Report Officially Released

About Solargiga

Founded in 2000, Solargiga Energy is a well-known photovoltaic company. Listed in HKEX in 2008 (00757. HK), Solargiga Energy integrates R&D, production, sales&marketing and system application of PV modules.

We employ more than 2,000 staff worldwide and have production bases in Jinzhou (Liaoning), Yancheng (Jiangsu). Our Marketing&Operation Center located in Suzhou (Jiangsu), and set up Beijing Office. Our business footprint covers major PV markets around the globe. We are committed to providing global customers with high-quality PV products, technical support, after-sales services&solutions, and promoting the development of the clean energy industry. en.solargiga.com

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