Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainable Manufacturing
• Renewable Energy
• Water Management
• Waste Management
• Employee Health and Safety
• Supply Chain Management
• Diversity, Equity and Inclusion
• Compliance
• Stakeholder Engagement
• Community Investment

Environmental Achievements

• Reduced GHG emissions intensity per unit of cell products to 23.76 tCO2e/MW (50.81% reduction from 2020 baseline)
• Reduced GHG emissions intensity per unit of module products to 9.20 tCO2e/MW (61.88% reduction from 2020 baseline)
• Reduced energy intensity for cell products by 54.21% from 2020 baseline
• Reduced energy intensity for module products by 41.60% from 2020 baseline
• Reduced water consumption intensity per unit of cell product by 62.72% from the base year
• Reduced water consumption intensity per unit of module product by 53.20% from the base year
• Achieved approximately 80% package recycling rate
• Received national certification as an “Industrial Product Green Design Demonstration Enterprise”
• Full series of 210 Vertex modules received LCA certification from TÜV Rheinland
• Yiwu production base actively following the National Zero-Carbon Factory implementation plan

Social Achievements

• Provided 176,103 total annual training hours to employees
• Invested RMB 49.76 million in occupational health and safety
• Total community contribution and philanthropic investment funds amounted to RMB 4.795 million
• No work-related fatalities, TRR of 0.324 (17% reduction from previous year)
• Implemented the Supplier Performance Management Code to evaluate suppliers
• Implemented the Supplier EHS Management Procedure for annual supplier EHS and social responsibility audit scores
• 111 main and auxiliary material suppliers signed “Trina Solar Supplier Social Responsibility Commitment”

Governance Achievements

• Established an ESG Working Group
• Conducted compliance training for all Board members, employees, and outsourced contractors
• Engaged an external organization to conduct an internal control audit with no significant deficiencies identified
• Obtained ISO 27001: Information Security Management System Certification
• Implemented the Product Recall Management Guide

Climate Goals & Targets

Environmental Challenges

• Climate disasters (typhoons, floods)
• Climate change (abnormal power supply, increased heat expenses, unstable supply capacity and transportation)
• Policy and legal risks (rising carbon market prices, tightening of green finance requirements)
• Technology risk (upgrading energy-saving equipment, investing in low-carbon products)
• Market preference risk (increasing concern on corporate climate action)

Mitigation Strategies

• Established emergency plans and conduct annual emergency drills
• Optimized product transportation methods and increased local procurement
• Improved energy efficiency in factory site selection and daily operation management
• Tracked relevant laws and regulations annually
• Adopted a departmental responsibility system to improve equipment use and product production efficiency
• Communicated with stakeholders through sustainability reports and public disclosure channels
• Increased the proportion of green electricity usage
• Increased R&D investment to provide cleaner, low-carbon products

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Trina Solar Supplier Code of Conduct
• Procurement Management Guidelines
• Supplier Classification and Grading Management Specifications
• Supplier EHS Management Procedure
• Supplier Social Responsibility Commitment

Climate-Related Risks & Opportunities

Physical Risks

• Climatic disasters (e.g., typhoons, floods)
• Climate change (e.g., abnormal power supply, increased heat expenses)

Transition Risks

• Policy and legal risks (e.g., rising carbon market prices)
• Technology risk (e.g., upgrading energy-saving equipment)
• Market preference risk (e.g., increasing concern from capital markets)

Opportunities

• Technology opportunities (early adoption of clean technologies)
• Market preference opportunities (meeting demand for clean energy products)

Reporting Standards

Frameworks Used: GRI Standard 2021, Environmental, Social and Governance Reporting Guidelines of the Stock Exchange of Hong Kong, SASB, TCFD

Certifications: ISO 14001, ISO 45001, ISO 9001:2015, ISO 50001, ISO 14064, ISO 27001

Third-party Assurance: BSI, TÜV North Germany, TÜV Rheinland, SGS, Sustainalytics

UN Sustainable Development Goals

• SDG 7
• SDG 9
• SDG 11
• SDG 13
• SDG 15
• SDG 17
• SDG 8
• SDG 16
• SDG 12
• SDG 4
• SDG 5
• SDG 10

Trina Solar integrates SDGs into its sustainable operation and management, contributing to the energy transition and planetary wellbeing.

Sustainable Products & Innovation

• Vertex high-efficiency N-type monocrystalline silicon modules
• TrinaStorage Elementa energy storage cabinet

Awards & Recognition

• Forbes China Top 50 Sustainable Development Industrial Enterprises
• Red Dot Design Award
• PVEL Top Performer
• Reuters Top 100 Energy Transition Innovators
• WWF Climate Creator Award
• RETC Overall High Achievers Award
• PR Newswire Corporate Communication Awards
• Polaris Cup photovoltaic Influential Brand
• TÜV Rheinland All Quality Matters Award
• 2022 GREEN PV Conference Technology Innovation Award
• Top 500 Chinese Brands
• Industrial Product Green Design Demonstration Enterprise
• EUPD Research Top Brand PV Modules
• Nationally Recognized Enterprise Technology Center
• BloombergNEF Top 10 Storage Providers
• GGII Second in Growth Rate of Global Shipments of Chinese Energy Storage System Companies
• National Green Supply Chain Management Enterprise
• Cost Saving Innovation Award at the 2022 Procurement Success Awards
• LinkedIn Global Attractive Employer

Environmental Metrics

ESG Focus Areas

• Climate change
• Environmental compliance
• Water management
• Employee health, care and safety
• Technology leadership
• Human rights protection for workers
• Compliance
• Industry cooperation and development
• Supply chain management
• Anti-corruption and business ethics

Environmental Achievements

• GHG emissions intensity of cell decreased by 42.74% from the 2020 baseline
• GHG emissions intensity of module decreased by 61.47% from the 2020 baseline
• Water consumption intensity of cell decreased by 85.48% from the 2020 baseline
• Integrated energy consumption intensity of cell decreased by 47.47% from the 2020 baseline
• Integrated energy consumption intensity of module decreased by 38.32% from the 2020 baseline
• On-site renewable electricity generated 136,398 MWh (2.43 times that of 2022)
• Water consumption intensity of module decreased by 44.40% from the 2020 baseline
• Yiwu production base obtained the Zero-Carbon Factory (Type I) Certificate
• Suqian production base was recognized as a National Green Factory
• Vertex N 700W, Vertex N 610W and Vertex 670W modules passed UL Environmental Product Declaration (EPD) certification

Social Achievements

• Total number of employees: 43,031
• Total training hours of employees: 730,033
• Percentage of suppliers who have signed the Supplier Social Responsibility Commitment: 95.67%
• Percentage of suppliers evaluated with supplier EHS and social responsibility audit: 95.67%
• Awarded “Global Attractive Employer” by LinkedIn for 2 consecutive years
• Opened a psychological hotline to provide counseling services for employees

Governance Achievements

• Established a sound ESG management system
• Incorporated ESG factors into decision-making and daily operations
• Received accolades such as the “Decarbonisation Leader” award from the European Union Chamber of Commerce in China
• Obtained ISO 37301 Compliance Management System Certification
• Obtained ISO 27001 Information Security Management System Certification

Climate Goals & Targets

Environmental Challenges

• Climate disasters (e.g., typhoons, floods) resulting in safety accidents or forced suspension of production
• Climate change (e.g., abnormal power supply due to persistent high temperatures, unstable supply capacity and transportation)
• Policy and legal risks related to carbon emission requirements and regulations
• Technology risk upgrades due to customer requirements for low-carbon products
• Reputational risk due to poor corporate environmental and climate performance
• Market risk from changes in consumer behavior

Mitigation Strategies

• Establishment of an emergency plan and annual emergency drills
• Site selection for new plants considers local climate and future climate change impacts
• Optimization of product transportation mode and increase in local procurement ratio
• Raising awareness of climate change and improving energy efficiency
• Annual tracking of relevant laws and regulations and annual statistics on GHG emissions
• Adopting the departmental responsibility system to enhance equipment utilization efficiency
• Establishment of an internationally recognized energy management system
• Communicating with stakeholders on climate change through various channels
• Increasing the proportion of green electricity usage
• Establishment of a green value chain system

Supply Chain Management

Supplier Audits: 95.67% coverage

Responsible Procurement

• Supplier Code of Conduct
• Supplier Social Responsibility Commitment
• ESG-related clauses in contracts
• Conflict Minerals Management Framework

Climate-Related Risks & Opportunities

Physical Risks

• Climatic disasters (e.g., typhoons, floods)
• Climate change (e.g., abnormal power supply due to high temperatures)

Transition Risks

• Policy and legal risks
• Technology risks
• Reputational risks
• Market risks

Opportunities

• Technology opportunities (clean technologies and clean energy)
• Market preference opportunities (increased demand for clean energy products)

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD

Certifications: ISO 9001, ISO 50001, ISO 45001, ISO 37301, ISO 27001, UL Environmental Product Declaration (EPD)

Third-party Assurance: TÜV SÜD Certification and Testing (China) Co., Ltd. Shanghai Branch

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 9 (Industry, innovation and infrastructure)
• Goal 13 (Climate action)

Initiatives contribute to these goals through renewable energy production, technological innovation, and climate change mitigation efforts.

Sustainable Products & Innovation

• Vertex N 700W, Vertex N 610W and Vertex 670W modules
• 210R medium-format module
• Vertex Black modules

Awards & Recognition

• 2023 Forbes China Top 50 Innovative Enterprises
• Decarbonisation Leader by the European Union Chamber of Commerce in China
• 2023 Bloomberg Green ESG 50
• National Supply Chain Innovation and Application Demonstration Enterprise
• National Green Supply Chain Management Enterprise
• China's Top 30 ESG Excellence Practices of the Year
• EcoVadis Bronze Medal