Longi(SH:601012) 第一财经·2025-11-17 09:06Core Viewpoint - Longi Green Energy has released its "2024-2025 Longi Green Energy Climate Action White Paper," outlining its strategic ambition to achieve net-zero emissions across the entire value chain by 2050, aligning with international disclosure frameworks [1][5][11] Group 1: Climate Action Goals - Longi aims to reduce Scope 1 and Scope 2 emissions by 60% and Scope 3 emissions intensity by 52% by 2030, compared to 2020 levels [5] - The company plans to cover all production and operational sites with charging facilities before 2030 [5] Group 2: Emission Reduction Strategies - Longi's emission reduction strategy is structured around five pillars: operational decarbonization, value chain collaboration, product carbon footprint management, climate solution development, and just transition promotion [5] - 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 [5] Group 3: Energy Efficiency and Renewable Energy Use - Longi implemented 477 energy-saving projects in 2024, expected to save 426 million kWh of electricity, equivalent to a reduction of 250,000 tons of CO2 [6] - The overall electricity consumption per unit decreased by 10.7% across manufacturing processes, with specific reductions in monocrystalline, slicing, battery, and module production [6] - In 2024, Longi utilized 4.746 billion kWh of renewable electricity, accounting for 47.5% of total electricity consumption, an increase of 5.7 percentage points from 2020 [6] Group 4: Supply Chain and Product Carbon Footprint - 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 [7] - Longi launched a "Green Supply Chain Empowerment Program" to engage 50 suppliers in carbon verification [7] - The company achieved 53 carbon footprint certifications for its products in 2024, with the Hi-MO 9 module's carbon footprint reduced to below 350 kgCO₂e/kW [7] Group 5: Technological Advancements - Longi's monocrystalline silicon cell conversion efficiency reached 27.81%, and the efficiency of the perovskite-silicon tandem cell reached 35%, both setting new world records [7] - The Hi-MO X10 module, utilizing HPBC 2.0 technology, achieved a mass production efficiency of 24.8%, marking a new high in global module efficiency [7] Group 6: Governance and Financial Integration - Longi established a governance structure centered around the board's strategy and sustainability committee, linking climate performance to management compensation [11] - The company is exploring an internal carbon pricing mechanism and plans to incorporate climate strategy into its budgeting process [11] - Longi's transition from a solar product supplier to a zero-carbon energy ecosystem builder is highlighted as a new development opportunity [11]