Sungrow, the globally renowned renewable energy company, marked its 10th consecutive sustainability disclosure today by releasing the 2024 Sustainability Report. From decade to decades, Sungrow has always placed sustainability at the core of its development journey. We consistently think in terms of long-term growth. At Sungrow, we think in decades, not years.
In 2024, the Company established the ESG Development Center to lead policy formulation, goal-setting, and implementation under the guidance of the Strategic and Sustainability Committee and the Sustainability Management Office. It integrates five strategic objectives—Excellent Governance, Towards Net-Zero, Eco-Friendly Development, Mutually Beneficial Collaboration, and Diversity and Inclusion—into corporate operations.
Key Performance Highlights
Excellent Governance
USD 444M R&D investment (40% workforce in R&D and innovation roles).
9,401 cumulative patent applications.
90+ technical standards co-developed across major markets.
ISO 37301 Compliance Management System certification obtained
Towards Net-Zero
70% renewable electricity utilization across the company.
Comprehensive carbon inventory:
- Scope 1: 6,426 t CO₂e
- Scope 2: 40,061 t CO₂e
- Scope 3: 9,062,835 t CO₂e
4 flagship products with product carbon footprint certificate obtained (SG250HX/SG350HX/SG3125HV/1+X Series).
Eco-Friendly Development
100% manufacturing sites with ISO 14001 Environmental Management System certified.
Environmental Product Declaration(EPD)-certified inverters (SG350HX & 1+X Series) .
90% non-hazardous waste recycling rate.
Mutually Beneficial Collaboration
The global cumulative installed capacity of power electronic converters has exceeded 740 GW, potentially avoiding about 470 million tons of CO₂emissions annually, together with Sungrow's customers.
100% manufacturing sites with ISO 9001 Quality Management System certified.
93.7% of customer satisfaction rate.
Diversity and Inclusion
4.34/5 global employee engagement score.
98.4% localized talent in international operations.
300 acres of "Sun Forest" planted in Sichuan's Giant Panda National Park with The Nature Conservancy (TNC).
Sungrow has received significant industry recognition for its sustainability commitment and practice, including an EcoVadis Gold Medal and an MSCI AA ESG Rating.
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.
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