GoodWe has been awarded the EcoVadis gold medal for the second consecutive year, achieving a score of 86 out of 100 in its latest sustainability assessment. This marks a four-point increase compared with the previous year’s score of 82. The company’s continued progress in its environmental, social and governance (ESG) practices has placed it among the top 2% of companies in the renewable energy industry globally.
GoodWe recorded improvements across all four EcoVadis assessment areas, demonstrating continued efforts to strengthen its ESG management practices.
A key contributor to the overall improvement was the increase of five management indicator scores from “Good” or “Advanced” to “Outstanding” (100 points). These include endorsements and reporting under Environment and Labour & Human Rights and coverage under Ethics.
“The increased score from EcoVadis compared to last year is encouraging, confirming the continued progress in our ESG efforts. But the value of the assessment also lies in telling us the areas we can still improve,” commented Dr. Kenan Zhang, Director of the company’s Sustainable Development Research Institute. “As we continue developing PV and energy storage solutions for global markets, we need to strengthen how ESG practices are implemented across our operations and supply chain. Our next priorities include closer supplier engagement, more consistent management practices and clearer reporting of our progress.”
