Industry Leader! JinkoSolar Receives BBB Grade in MSCI ESG Rating for Two Consecutive Years

Recently, MSCI (Ming Sheng), an authoritative international indexing organization, released the results of JinkoSolar’s ESG rating for 2024. With its outstanding performance in the ESG field, JinkoSolar scored a BBB rating for two consecutive years. At the same time, JinkoSolar’s ratings on a number of key topics, such as cleantech opportunities, corporate governance, and corporate behavior, are at an industry-leading level.

MSCI ESG Ratings is one of the most authoritative international ESG evaluation systems, which aims to measure a company’s ability to manage financial risk in the face of key environmental, social and governance (ESG) issues. Because of the high authority and credibility of its ESG ratings, it has become an important basis for investment in the international capital market.

In terms of clean technology, JinkoSolar continues to drive technological innovation in the photovoltaic industry through its leading N-Type TOPCon technology, delivering clean energy solutions to the world. Focusing on technology enhancement and R&D achievements, JinkoSolar has broken the world records for cell efficiency and module power for 26 times, and continues to promote the iterative upgrading of product efficiency. As of November 2024, JinkoSolar will have shipped more than 300GW of products, which means that one out of every seven modules comes from JinkoSolar, and one out of every seven kilograms of carbon emissions reductions is contributed by JinkoSolar.

In terms of corporate governance, JinkoSolar is committed to applying the concept of sustainable development throughout all aspects of its business operations, believing that top-down ESG management is the key to achieving sustainable development. We believe that top-down ESG management is the key to achieving sustainable development, and we will reduce carbon emissions from our operations as an important part of our efforts to reach net-zero emissions by 2050. In recent years, JinkoSolar has continued to improve the efficiency of its energy use and the proportion of clean energy by optimizing its energy structure, exploring energy-saving potential, and strengthening intelligent control. As of Q3 2024, JinkoSolar’s green power ratio is the first among global PV companies to reach 53.3%.

JinkoSolar’s ESG ratings have continued to be industry-leading since its inclusion in the MSCI Index. As the first company in the industry to join the RE100 and EP100 Green Initiatives, JinkoSolar also took the lead in passing the rigorous target audits by the Science-Based Carbon Target Initiative (SBTi) at the end of 2023, becoming the first PV group company in the world to complete all of the short-term, long-term and net-zero target audits by SBTi. In the future, JinkoSolar will continue to lead the industry with its innovation-driven approach and push the world to realize a greener and more sustainable energy future.

Legal Statement

About JinkoSolar Holding Co., Ltd.

Jinko Solar Co., Ltd. (the “Company”, or “Jinko Solar”) (SSE: 688223) is one of the most famous and innovative solar technology companies in the world. Its business covers the core links of the photovoltaic industry chain, focusing on the R&D of integrated photovoltaic products and integrated clean energy solutions. At present, Jinko Solar’s products serve more than 3,000 customers in more than 160 countries and regions around the world, and the company has ranked No.1 in global module shipments from 2016 to 2019. By the end of Q1,2023, the cumulative module shipments of Jinko Solar have exceeded 150GW. Jinko Solar is an industry opinion leader under various international frameworks such as B20, and it is also one of the first solar energy companies to join the RE100 green initiative.

Jinko Solar is the first company to establish a “vertically integrated” production capacity from silicon material processing to wafer, cell and module production in the industry. It has a total of 14 global production bases in China, the United States, Malaysia and Vietnam. JinkoSolar expects its annual production capacity for mono wafer, solar cell and solar module to reach 75.0 GW, 75.0 GW and 90.0 GW, respectively, by the end of 2023. Jinko Solar has more than 1,000 R&D and technical employees and has won many honors such as “National Enterprise Technology Center”, “National Technology Innovation Demonstration Enterprise”, “Champion of Manufacturing “, and has formulated many international and domestic industry standards such as IEC. Jinko Solar continuously expands the diversified application scenarios of photovoltaic technology, including building-integrated photovoltaic, photovoltaic hydrogen production, energy storage and other fields, and strives to create a new energy ecosystem.

Jinko Solar was listed on the STAR Board of the Shanghai Stock Exchange in 2022, and JinkoSolar Holding Co., Ltd., its indirect controlling shareholder, was listed on the New York Stock Exchange in 2010.

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