Xinyi Solar Holdings Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020, 2019

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20223.9M tCO2e/year
20192.0M tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption per square metre of solar glass products by 28% by 2028 as compared to 2023
  • By 2028, 92% of domestically sold products will use iron pallets instead of wooden pallets

📅 Medium-term

  • Reduce energy consumption per square metre of finished solar glass product by 13% by 2027
  • Reduce water consumption of finished solar glass product by 10% by 2027 compared to 2022
  • Reduce greenhouse gas emission intensity of solar glass product by 15% by 2027 compared to 2022
  • Increase investment in renewable energy and strive to reduce carbon dioxide emissions corresponding to the annual power generation of the solar farm projects held by the Group in 2027 by 50%

🔭 Long-term

  • Support most countries around the world to achieve carbon neutrality by increasing solar glass production capacity and the scale of solar farm projects

🌱 ESG Focus Areas

Corporate governanceResponse to climate changeSustainable operationValue chain and community developmentTalent management and cultivation

⚠️ Challenges & Risks +

  • Extreme weather events damaging solar power generation equipment and disrupting product delivery
  • Long-term climate changes affecting power generation and employee health
  • Potential increase in carbon emission compliance costs due to inclusion in carbon trading market
  • Stricter energy efficiency and environmental protection controls restricting capacity expansion
  • Need to transform to lower emission technology
  • EU carbon tariff and low-carbon PV module demands
  • Renewable energy consumption issues in China's power system
  • Trade disputes and PV supply chain traceability

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD