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LONGi joins UN Global Compact Forward Faster initiative to accelerate private sector action to reach SDGs
The SDG Progress Report released earlier this year by UN Secretary-General António Guterres, showed that just 15 per cent of the Sustainable Development Goal targets are on track, progress on 48 per cent is weak and insufficient and progress has stalled or gone into reverse on 37 per cent of the SDGs.
"Renewable energy is seen as key to achieving multiple SDGs." LONGi's founder and president Li Zhenguo shared his insights with other participants of the forum. Mr. Li Zhenguo believes that the development and promotion of renewable energy technologies can not only provide power for the clean energy transition and reduce carbon emissions, but also promote socio-economic growth, create job opportunities, enhance energy security, improve health and education levels.
By increasing investment and promotion in renewable energy technologies, feasible solutions can be provided for SDGs, while creating a more sustainable future for global social, economic, and environmental challenges. Mr. Li Zhenguo further explained.
The initiative focuses on five action areas: Gender Equality, Climate Action, Living Wages, Water Resilience, and Finance & Investment. LONGi has committed to 3 detailed targets in 2 action areas:
At Private Sector Forum 2023, global business leaders shared their views with governments and announced ambitious actions and investments to advance the achievement of the SDGs. The forum also praised the pioneer of United Nations Global Compact's "Forward Faster" initiative - companies that have committed to achieving ambitious goals before the launch of the Forum, including LONGi.
Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.
Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com
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