Climate Change Data

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Sustainability

Environmental Achievements

• Increased solar power production to 57,305 MWh (H1 2020: 24,362 MWh)
• Connected new Portuguese large-scale plant in Mogadouro to the grid

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• French government's decision to reduce feed-in tariffs for older photovoltaic systems
• Somewhat worse production in kWh in Spain, Germany and Switzerland due to weather

Mitigation Strategies

• Detailed analysis of documents showed marginal impact of tariff reductions on French systems
• Improved production in France and Italy offset weather-related production decrease in other regions

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Established a Code of Conduct to standardize compliance with local laws and ethical standards

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Social Responsibility
• Governance
• Supply Chain Management
• Human Rights

Environmental Achievements

• Reduced CO2 emissions by 58,834 tons in 2023 through solar power production of 165,094 MWh (a 33.8% increase YoY).
• Achieved Provisional Acceptance Certificate (PAC) for Betty project, demonstrating strong environmental management during construction with no environmental incidents or non-conformities.
• Implemented sheep grazing at Mogadouro PV plant for natural vegetation control.

Social Achievements

• Maintained a zero-accident record in Portugal for Mogadouro and Betty projects.
• Developed close relationships with local shepherds for sheep grazing at Mogadouro PV plant.
• Improved local road access to Betty solar park.
• Sponsored Mogadouro indoor soccer training academy.
• Organized an educational visit to Requena photovoltaic plant for students.

Governance Achievements

• Established a whistleblower system.
• Recorded zero compliance cases in 2023.
• Adherence to Responsible Business Initiative (RBI), Task Force on Climate-related Financial Disclosures (TCFD) Ordinances, and Transparency Minerals and Metals from Conflict Affected Areas and Child Labour (DDTrO) principles.

Climate Goals & Targets

Environmental Challenges

• High interest rates impacting project financing.
• Lower electricity prices in Spain.
• Worse weather conditions impacting solar power production in Germany, Switzerland, and Italy.
• Technical issues in older plants.
• Emergency legal measures to contain energy prices in Spain.
• Repatriation of excess profits in Italy and Germany.

Mitigation Strategies

• Focus on large-scale solar plants to improve economies of scale and profitability.
• Sale of smaller solar plants to optimize portfolio and strengthen balance sheet.
• Issuance of a new five-year bond for project financing.
• Thorough monitoring and preventative maintenance systems to extend asset lifespan.
• Sustainable material sourcing and supplier selection based on ESG criteria.

Supply Chain Management

Responsible Procurement

• Sustainable sourcing policies for module suppliers.
• ISO 14001 and ISO 45001 certifications for module suppliers.
• Third-party ESG assessment of Jinko Solar's supply chain for PQS projects in Portugal.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Responsible Business Initiative (RBI), Task Force on Climate-related Financial Disclosures (TCFD) Ordinances, Transparency Minerals and Metals from Conflict Affected Areas and Child Labour (DDTrO), SIX Swiss Exchange principles, European Sustainability Reporting Standards (ESRS), International Sustainability Standards Board (ISSB), Sustainability Accounting Standards Board (SASB), Global Reporting Initiative (GRI)

Certifications: ISO 14001, ISO 45001

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed