ENVIROMENTAL, SOCIAL, CORPORATE GOVERNANCE
Our mission is to make the earth a better place for all living beings utilizing the power of the sun. We are here to “create a sustainable future.”
Environmental, social, and corporate governance (ESG), also known as environmental, social, governance, is a framework designed to be embedded into an organization’s strategy that considers the needs and ways in which to generate value for all organizational stakeholders, such as employees, customers, community, and suppliers and more.
As a Tier 1 solar module manufacturer and supplier, Boviet Solar not only serves customers with efficient and reliable products but is also committed to innovative development oriented by self-renewal and continuous breakthroughs. Our corporate mission is “to make the earth a better place for all living beings utilizing the power of the sun.
“Consistent with that mission, Boviet Solar is setting up the “ESG Committee” under the Board of Directors, led by the chairman of the Boway Group. The main tasks of the Committee will be to analyze the domestic and international economic, environmental, and industrial situation; formulate ESG strategy; identify SEG-related risks; assess SEG performance; and supervise the implementation of the ESG strategy. The Committee will be accountable to and report to the Board of Directors.
Below are a summary of some of our environmental, social and corporate governance activities.
Your comments or suggestions are important to us. If you have any questions or suggestions regarding the Boviet Solar’s sustainability report , please send an email to ESG@bovietsolar.com.
SOCIAL RESPONSIBILITY
Boviet Solar’s social responsibility efforts center on employees, because of their critical role in our mission to make the earth a better place for all living beings utilizing the power of the sun. We see equity, diversity, and inclusion as critical to our long-term success, so we go beyond what is required by employment laws and regulations. Our efforts address gender equity, fair pay, and accountability for team leaders, and we conduct regular training to address unconscious bias in our global operations. Our robust human resources program includes employee and leadership training and development, and succession planning. We have cooperative agreements with five universities to develop talent, and we conduct employee surveys every two years. In the area of safety, our factories have been certified under ISO 45001 since 2018, and our rigorous policies and procedures help us maintain a low rate of safety-related incidents.
ENVIROMENTAL RESPONSIBILITY
Boviet Solar contributes to the world’s transition to clean energy every time the company’s PV cells and modules are used in a solar project. In addition, the company strives to continuously reduce the environmental footprint of its manufacturing on a per-watt basis through technology and process improvements. These improvements have enabled significant, measurable progress in metrics, including greenhouse gas emissions, energy use, and water intensity. Boviet Solar’s module wattage more than doubled between 2013 and 2023, enabling solar projects to deliver more clean energy from a smaller footprint using less material. The company complies with all environmental laws and regulations, and abides by the ISO 14001 environmental and ISO 45001 occupational health and safety management systems, which address waste reduction, energy conservation, injury reduction, and more.
CORPORATE GOVERNANCE
Boviet Solar and its Board of Directors operate in accordance with a strict corporate governance system, which includes the Company Law, Articles of Association, and the Rules of Procedure of the Annual General Meeting. Three of the Board’s seven diverse members are independent, and one is an accounting professional in compliance with regulations. Directors, supervisors, and senior management receive regular training on relevant regulations and policies. A rigorous risk management program identifies and addresses potential and actual risks related to law, policy, environment, finance, natural disasters, etc. The company conducts annual anti-corruption and anti-bribery audits. In addition to a Code of Ethics, Boviet Solar enforces policies related to environmental protection, export controls, financial reporting processes/internal controls, insider trading, intellectual property, fair competition, and information security.
Your comments or suggestions are important to us.
If you have any questions or suggestions regarding the Boviet Solars sustainability report , please send an email to ESG@bovietsolar.com.
WE PUT ESG AT THE CORE OF OUR BUSINESS MODEL
At Boviet Solar, we start with the end in mind, focus on the long-term, and put ESG at the core of our business model. Boviet Solar will further implement ESG in every aspect of company management and operation; promote sustainable development practices upstream and downstream of the industrial supply chain; and work with customers, investors, partners, and ecological partners to develop the new economy built on green infrastructure and industrial services, and jointly create a better future.
