Longi(SH:601012) 中国能源报·2025-11-17 08:53Core Viewpoint - Longi Green Energy has released its "2024-2025 Climate Action White Paper," committing to achieve net-zero emissions across its entire value chain by 2050, aligning with international disclosure frameworks [3][11]. Group 1: Climate Goals and Strategies - The white paper outlines specific targets: a 60% reduction in Scope 1 and Scope 2 emissions by 2030 compared to 2020 levels, and a 52% reduction in Scope 3 emissions intensity [4][6]. - Longi's carbon reduction strategy is structured around five pillars: operational decarbonization, value chain collaboration, product carbon footprint management, climate solution development, and just transition promotion, supported by quantifiable metrics and annual tracking mechanisms [6]. Group 2: Emission Data and Progress - In 2024, Longi's total operational carbon emissions are projected to be 3,184,782 tons of CO2 equivalent, reflecting a 23.8% increase from 2020 but a 37% decrease from the peak in 2023 [7]. - Scope 1 emissions decreased by 8.0%, and Scope 2 emissions decreased by 37.0%, indicating significant progress in energy efficiency and green electricity substitution [7]. - Longi plans to cover all production and operational sites with charging facilities by 2030 and has implemented 477 energy-saving projects expected to save 426 million kWh, equivalent to a reduction of 250,000 tons of CO2 [7]. Group 3: Supply Chain and Product Innovations - Scope 3 emissions account for nearly 90% of Longi's total value chain emissions, with 27.34 million tons of CO2 equivalent in 2024, primarily from purchased goods and services [8]. - Longi has initiated a "Green Supply Chain Empowerment Program" to engage 50 suppliers in carbon verification and has increased low-carbon transportation to 79.3% of finished goods logistics [8]. - The company has achieved 53 carbon footprint certifications for its products, with the Hi-MO 9 module's carbon footprint reduced to below 350 kg CO2e/kW [8]. Group 4: Technological Advancements and Diversification - Longi's monocrystalline silicon cell efficiency reached 27.81%, and the perovskite-silicon tandem cell efficiency reached 35%, both setting new world records [8]. - The company is diversifying its energy solutions through BIPV, solar + agriculture, and solar + hydrogen projects, demonstrating adaptability in extreme climate conditions in countries like Uzbekistan, Egypt, and Brazil [8]. Group 5: Governance and Financial Integration - Longi has established a governance structure centered around its Board's Strategy and Sustainability Committee, linking climate performance to management compensation [9]. - The company plans to incorporate climate strategy into its budgeting process and conduct its first ESG dual materiality assessment in 2024 [9]. - Longi is transitioning from a solar product supplier to a builder and advocate of a zero-carbon energy ecosystem, as evidenced by its commitment to the "Solar for Solar" concept and its status as the first company in the industry to pass SBTi verification [9].