MSCI upgrades LONGi’s ESG rating

MSCI has upgraded LONGi’s Environmental, Social, and Governance (ESG) rating to ‘A’, according to its latest assessment.

The MSCI report highlighted LONGi’s strong performance in corporate governance, supply chain labor standards, and responsible sourcing, with its Weighted Average Key Issue Score (WAKIS) ranking the highest among A+H share semiconductor companies. This is LONGi’s second consecutive year of rating improvement.

The company also achieved notable results in other ESG ratings: Wind (AA), Morningstar Sustainalytics (24.5 points), FTSE Russell (3.8 points), and CDP Water Security (A–).

In a conversation with TaiyangNews Managing Director Michael Schmela, LONGi reported achieving 47.5% renewable electricity usage across its operations, with an aim to achieve 100% through a mix of rooftop PV, PPAs, and certified green power sources (see LONGi On Sustainability).