Sungrow Secures AA Rating in Latest MSCI ESG Assessment

Sungrow, a global leader in renewable energy solutions, has been awarded an AA rating in the latest ESG (Environmental, Social, and Governance) assessment by MSCI (Morgan Stanley Capital International), reaffirming its leading position in sustainability efforts worldwide.

Guided by its mission of “Clean power for all,” Sungrow has been at the forefront of accelerating renewable energy transitions across the globe. With an expansive focus on solar energy, wind energy, energy storage, electric vehicles, and hydrogen energy, Sungrow has helped over 170 countries, including South Africa, progress towards a cleaner, greener future.

Sungrow’s philosophy, encapsulated in the vision “Green Mission, Better Life,” has been key in fostering sustainability in South Africa’s rapidly growing renewable energy market. As South Africa grapples with energy challenges, Sungrow’s clean energy solutions provide hope for a future powered by renewables, aligning with the country’s broader goals of reducing carbon emissions and securing energy independence.

The Company’s five strategic pillars—Excellent Governance, Towards Net Zero, Eco-friendly Development, Mutually Beneficial Collaboration, and Diversity and Inclusion—are strongly aligned with South Africa’s own socio-economic goals. Sungrow is committed to addressing the critical issue of climate change and has pledged to achieve carbon neutrality in its operations by 2028, extend this neutrality across its supply chain by 2038, and reach net zero by 2048.

As South Africa pushes towards a just energy transition, with a growing emphasis on renewable energy, Sungrow’s efforts to foster mutually beneficial partnerships and promote diversity and inclusion align with the nation’s need for sustainable growth and job creation in the green economy.

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