JinkoSolar Holding Co., Ltd., one of the largest solar module manufacturers has announced that SBTi has approved its near and long-term science-based emissions reduction targets.
The SBTi approval makes JinkoSolar the first PV company in the world to have its Net-zero targets validated.
The timelines:
2019: Announced participation in the RE100 green initiative
2021: Officially committed to set net-zero targets in line with SBTi
2022: Outlined climate roadmap for the first time in its ESG report
2023: Received SBTi approval
Commitment to a sustainable future:
By working with SBTi and setting net-zero targets, JinkoSolar has underscored its ambition to address climate change and provide a clear action guide for full value chain emissions reduction.
In Q42023, it became the first PV company to deliver more than 200 GW of solar modules. IHS Market estimates that one out of every eight modules in the world is being manufactured by JinkoSolar, contributing 1 kilogram of carbon reduction for every 8 kilograms of PV products.
The SBTi plans to publish Jinko Solar’s approved net-zero target on their website on January 25, 2024, the company said in a press release.