Trinasolar has seen its Morgan Stanley Capital International (MSCI) ESG rating upgraded to BBB, placing it among the leaders in the PV industry.
The MSCI ESG rating system is widely recognized by global investment institutions and markets, measuring a company’s management of financially relevant ESG risks and opportunities.
Trinasolar gives priority to sustainability in its development strategy and is committed to minimizing the environmental impact of its production and operational processes. Last year, the company adopted a net-zero system, covering net-zero operations, net-zero value chain and net-zero products, also reaffirming its commitment to achieving carbon neutrality in global organizational operations by 2030. The company’s production plant in Yancheng, Jiangsu province, has been awarded zero waste landfill and zero-carbon factory certifications by TÜV Rheinland, following its plant in Yiwu becoming the first factory in the PV industry to be awarded zero-carbon certification by an external third-party.
In terms of managing water resources, Trina is acutely aware of the significance of sustainable water extraction and usage, evaluating water risk levels in areas in which its 23 manufacturing plants operate and adopting measures to make water use more efficient and reduce associated risks.
In the field of corporate governance, the company has continued to improve the independence and diversity of its board of directors, resulting in the continued improvement in its rating performance.
Wu Xiao, Head of Risk Control and ESG Management, commented: “As a member of the United Nations Global Compact, Trinasolar is committed to playing its part in conserving energy, reducing carbon emissions and ensuring sustainable development by working with partners worldwide and adhering to the most stringent standards of sustainability.”