Wuxi, China – May 15, 2025 – Thornova Solar proudly announces the release of its 2024 ESG Report, reflecting continued progress in environmental performance, social responsibility, and corporate governance. The company achieved a Silver Sustainability Rating from Ecovadis, scoring 70 out of 100—a distinction that places Thornova Solar among the top 15% of companies evaluated globally.
“At Thornova Solar, ESG principles are not just an obligation—they are the foundation of our sustainable growth strategy,” said Andrea Bodenhagen, Global Branding Director at Thornova Solar. “We’re committed to continuously improving the way we operate, and this year’s results speak to that dedication.”
Environmental Achievements
Thornova Solar significantly advanced its environmental goals in 2024:
- 21% reduction in total Scope 1 and 2 greenhouse gas emissions, and a 52% reduction per megawatt (MW) produced, thanks to upgrades in intelligent energy management and equipment optimization.
- 21% reduction in total waste emissions, through expanded reuse of materials and implementation of reusable pallets.
- Further 4% decrease in electricity use per MW produced, building on a 52% reduction from 2022–2023.
Social Progress
The company continued to foster inclusivity and responsibility throughout its operations:
- Increased the female-to-male employee ratio to 47%, supported by internal advocacy for gender equality.
- Launched a supplier training program focused on social responsibility, ethics, and compliance, promoting supply chain transparency and fair business practices.
- At its new facility in Indonesia, Thornova Solar ensured full social security coverage for all employees and third-party labor, reinforcing its commitment to workers’ rights.
Governance Enhancements
Thornova Solar reinforced governance and compliance frameworks with several key initiatives:
- Conducted internal audits across quality, environmental, and occupational health & safety systems, in line with ISO9001, ISO14001, ISO45001, and IEC62941 standards.
- Held a cybersecurity emergency drill in March 2024 to test the company’s response readiness and strengthen data protection measures.
- Increased R&D investment to nearly 4% of annual revenue, underscoring Thornova’s commitment to innovation and long-term resilience.
The 2024 ESG Report was prepared with the support of TÜV SÜD Certification and Testing (China) Co. Ltd. Shanghai Branch, ensuring the highest standards in reporting integrity and technical accuracy.
Download the full report to learn more about how Thornova Solar is advancing ESG excellence across its global operations: Corporate responsibility-Thornova Solar Technology Co., Ltd.
