The report highlights Hanwha New Energy's quality innovation efforts to improve product reliability, as well as environmental activities that reflect key features of the PV industry.
-2018 Report describes Hanwha New Energy's contribution to solving a range of social issues, including climate change, energy Lack and dust problems
[Berlin, Germany, November 7, 2018] Hanwha New Energy Co., Ltd. (NASDAQ: HQCL), one of the world's largest manufacturers of solar cells and components, has been released in 2018 The Sustainability Report (the report), which describes the company's sustainability management activities, achievements and future plans.
Hanwha New Energy released its sustainability report for the first time last year as a way to share sustainability management activities with key stakeholders such as shareholders and investors, customers, employees, suppliers and local communities.
This year's report outlines the sustainability management work related to Hanwha New Energy's corporate philosophy: 'Creating a sustainable future for people and the planet.' In particular, Hanwha New Energy focuses on quality innovation efforts to improve product reliability, as well as environmental management activities and social contribution efforts that reflect the inherent advantages and characteristics of the photovoltaic industry. To ensure the reliability of the 2018 Sustainability Report, it has been third-party verified by Det Norske Veritas and Germanischer Lloyd (DNV GL), an internationally recognized registrar and clean energy consultant. Verify report-based content, comprehensiveness and responsiveness.
contributes to social welfare and quality management
As the world's leading solar energy company, Hanwha New Energy has a global quality management team at its German R&D headquarters and local factories to continuously monitor product quality, maintain excellence and competitiveness. In order to respond to customer needs first, Hanwha New Energy also runs various communication channels such as customer satisfaction surveys and global sales networks, and continues to commercialize innovative products and technologies that meet customer needs.
As an environmentally friendly energy company, Hanwha New Energy also actively responds to environmental issues through environmental management decisions and activities.
As stated in the 2018 Sustainability Report, Hanwha New Energy installed a 2.2MW solar photovoltaic power plant at its Qidong plant in China in order to replace the energy used in the production of batteries and components with renewable energy, and Han Huaxin Energy Korea, another subsidiary of Hanwha Group, installed a 1MW photovoltaic power plant at the Jincheon plant in South Korea. In addition, Hanwha New Energy Malaysia (another subsidiary of Hanwha New Energy) has established an environmentally friendly logistics system that reduces transportation energy consumption by approximately 40% by improving logistics and loading efficiency.
In the second half of this year, Hanwha New Energy will donate solar modules to an environmentally friendly nursery that will use solar power to grow young trees. Together with the Hanwha Group’s social contribution activity “Hanhua Solar Forest”, we support the development of new forests to help mitigate the effects of climate change. Trees cultivated in this environmental nursery will be planted in the Incheon Metropolitan Landfill in South Korea to prevent The spread of dust that may cause harm to humans and wildlife.
In addition, the report includes detailed information on the “Light of Hope” campaign, in which Hanwha New Energy donates solar lights made by employees to vulnerable children in developing countries where the electricity supply is insufficient or not at all. presence. The event has succeeded in reducing the reliance of these families on expensive, dangerous kerosene lamps while enabling them to enjoy leisure or study time together on dark nights.
Hanwha New Energy sustainability report is available in Korean and English and can be downloaded from Hanwha New Energy's official website: www.hanwha-qcells.com. The Chinese version of the sustainability report is scheduled to be released in November this year.
About Hanwha New Energy
(English name Hanwha Q CELLS Co, Ltd, NASDAQ: HQCL) is the world's leading photovoltaic manufacturer, known for its high quality, high efficiency solar cells and components. The company is headquartered in Seoul, South Korea (Global Administrative Headquarters) and Talheim, Germany (Technology R&D and Innovation Headquarters). With its international production bases in Korea, Malaysia and China, Hanwha New Energy has the unique ability to integrate its business and flexibly meet the needs of all markets worldwide. Hanwha New Energy provides comprehensive photovoltaic products, applications and solutions, including Components, plants, systems and large-scale solar power plants. Through its growing global network of businesses across Europe, North America, Asia, South America, Africa and the Middle East, the company provides exceptional service and long-term partnerships for its utilities, commercial, government and residential markets. . Hanwha New Energy is the flagship company of Hanwha Group. Hanwha Group ranked No. 244 in Fortune Global 500 in 2018 and is one of the eight largest consortiums in Korea.