BEIJING, April 23,
2024 /PRNewswire/ -- On 15 March, JA Solar officially
committed to joining the "Forward Faster" initiative launched by
the United Nations Global Compact (UNGC), accelerating progress
toward achieving sustainable development goals in the areas of
gender equality, climate action, living wage, and finance &
investment.
As the world's largest corporate sustainability initiative, the
"Forward Faster" initiative was launched by the UNGC on
18 September 2023, aimed at
accelerating corporate action and investment to meet the needs of
achieving the 17 Sustainable Development Goals (SDGs) and the 2030
Agenda for Sustainable Development. The initiative calls on global
business leaders to take measurable, reliable, and ambitious
actions.
Currently, 1,488 global companies have joined the UNGC's
"Forward Faster" initiative. By joining this initiative, companies
commit to at least one goal in the five action areas of gender
equality, climate action, living wage, water resilience, and
finance & investment. The initiative guides companies on where
they can make the biggest, fastest impact before 2030.
Gender Equality
Target 1 Equal representation, participation and
leadership across all levels of management by 2030.
Target 2 Equal pay for work of equal value by 2030.
JA Solar will uphold its commitments, set targets, and take
responsible measures to achieve gender balance and equal pay. By
eliminating barriers that hinder women from joining the workforce
and fostering an environment of mutual respect and empowerment for
all employees, JA Solar will create an inclusive workplace.
Climate Action
Target 1 Set corporate science-based net-zero emissions
reductions targets in line with a 1.5°C pathway, with the goal of
halving global emissions by 2030 and reaching net-zero by 2050 at
the latest.
Target 2 Contribute to a just transition by taking
concrete actions that address social impacts of climate change
mitigation and adaptation measures in partnership with actors such
as workers, unions, communities and suppliers.
JA Solar will focus on achieving deep decarbonization, aiming to
reduce greenhouse gas emissions by 42% by 2030 (Scope 1&2) and
achieve net-zero greenhouse gas emissions by 2050 (Scope
1&2&3). Additionally, sustainable development practices
will be implemented based on rights and principles, ensuring that
mitigation and adaptation measures do not deepen inequalities but
promote climate justice through a just transition.
Living Wage
Target 1 100 per cent of employees across the
organization earn a living wage by 2030.
Target 2 Establish a joint action plan(s) with
contractors, supply chain partners and other key stakeholders to
work towards achieving living wages and/or living incomes with
measurable and time-bound milestones.
JA Solar will promote living wage guarantees through industry
collaboration and cooperation with relevant stakeholders, driving
progress in the value chain through responsible procurement
practices and favorable national frameworks.
Finance & Investment
Target 1 Align corporate investment – to the fullest
extent possible – with SDG policies and strategies, and set
targets, track and report on the amount and proportion of such SDG
investments.
Target 2 Establish a corporate financing strategy that is
linked to SDG investments and performance, and report on the amount
and proportion of such SDG finance.
As the world approaches the halfway mark to achieve the SDGs by
2030, the UNGC's "Forward Faster" initiative will demand more from
companies. Looking ahead, JA Solar will deeply implement its three
G2G (Green to Green, Green to Grow, Green to Great) sustainable
development philosophy, set more credible, ambitious, and
measurable goals to explore new opportunities for the company,
humanity, and the planet, establish resilience, and ensure a
continuous contribution of JA Solar's strength to long-term
prosperity.
About JA Solar
Founded in 2005, JA Solar is a manufacturer of high-performance
photovoltaic products. With multiple manufacturing bases and 13
sales subsidiaries around the world, the company's business covers
silicon wafers, cells, modules and PV power stations. JA Solar
products are available in 165 countries and regions. With its
advantages of continuous technological innovation, sound financial
performance, and well-established global sales and service
networks, JA Solar has been well received and highly recognized by
customers from home and abroad. The company has been listed on
Fortune China 500 and Global Top 500 New Energy Enterprises for
several consecutive years.
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SOURCE JA Solar Technology Co., Ltd.