SHANGRAO, China, Dec. 28,
2023 /PRNewswire/ -- JinkoSolar Holding Co., Ltd.
("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and
most innovative solar module manufacturers in the world, today
announced that the near and long-term science-based emissions
reduction targets* of its principle subsidiary Jinko Solar Co.,
Ltd., have recently been approved by the SBTi, making JinkoSolar
the first PV company in the world to have its Net-zero targets
validated. It is only the second company in mainland China to achieve that status, as well as the
third company in the global semi-conductor industry.
The Science Based Targets initiative (SBTi) is a global body
enabling businesses to set ambitious emissions reductions targets
in line with the latest climate science. It is focused on
accelerating companies across the world to halve emissions before
2030 and achieve net-zero emissions before 2050. In the era of
global warming, participating in and setting science-based targets
has become a new business norm, reflecting the competitiveness and
responsibility of companies in the fields of sustainable
development and ESG. Currently, over 7,000 companies worldwide have
committed to the SBTi, including Tesla, Apple, BASF, Lenovo, and
Tencent.
In late 2019, JinkoSolar announced its participation in the
RE100 green initiative and, at the end of 2021, Jinko Solar Co.,
Ltd. officially committed to set net-zero targets in line with
climate science with the SBTi. In the first half of 2023, Jinko
Solar Co., Ltd. released its 2022 ESG report, outlining its climate
roadmap for the first time. Leveraging its consistently innovative
PV technology and reliable PV products, JinkoSolar provides clean,
secure, affordable, and renewable electricity globally. It
addresses global climate change with an economic, green, and
feasible approach. In the fourth quarter of 2023, JinkoSolar became
the first PV company to have delivered a total of more than 200 GW
of solar modules. Accordingly, IHS Markit estimates that one out of
every eight modules in the world today was manufactured by
JinkoSolar, contributing 1 kilogram of carbon reduction for every 8
kilograms of PV products.
By working with SBTi and setting net-zero targets, JinkoSolar is
not only declaring its ambition to address climate change but also
providing a clear action guide for full value chain emissions
reduction. JinkoSolar is fully committed to play its part in the
global energy transformation and contribute to building a greener
and more sustainable future.
*The SBTi plans to publish Jinko Solar Co., Ltd.'s approved
net-zero target on their website on the 25th of January 2024.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative
solar module manufacturers in the world. JinkoSolar distributes its
solar products and sells its solutions and services to a
diversified international utility, commercial and residential
customer base in China,
the United States, Japan, Germany, the United
Kingdom, Chile,
South Africa, India, Mexico, Brazil, the United
Arab Emirates, Italy,
Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.
JinkoSolar had 14 productions facilities globally, 24 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the
United States, Mexico,
Brazil, Chile, Australia, Canada, Malaysia, the United
Arab Emirates, Denmark,
Indonesia, Nigeria and Saudi
Arabia, and global sales teams in China, the United
States, Canada,
Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan,
the United Arab Emirates,
Netherlands, Vietnam and India, as of September
30, 2023.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act
of 1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Among other things, the quotations from management in this press
release and the Company's operations and business outlook, contain
forward-looking statements. Such statements involve certain risks
and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Further
information regarding these and other risks is included in
JinkoSolar's filings with the U.S. Securities and Exchange
Commission, including its annual report on Form 20-F. Except as
required by law, the Company does not undertake any obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com
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SOURCE JinkoSolar Holding Co., Ltd.