GCL Technology released its thirteenth Environmental, Social and Governance (ESG) report, covering the 2025 financial year (1 Jan–31 Dec). The document details accelerated low-carbon investment, stringent environmental targets and broad-based governance upgrades across the polysilicon and wafer producer’s operations.
Double-Digit Revenue and R&D Growth • Revenue rose 62.98% to RMB 14.42 billion, of which green and clean business contributed 90.55% (RMB 13.06 billion). • R&D expenditure reached RMB 850 million (USD 121 million), equivalent to 5.89% of sales. The R&D team expanded to 2,161 employees and filed 253 new patent applications, lifting total granted patents to 1,398.
Advances in Low-Carbon Manufacturing • Renewable electricity supplied 56 % of total power; total renewable consumption grew by 1.77 million MWh. • Energy-saving initiatives trimmed electricity demand by 71,317 MWh and cut steam usage by more than 160,000 tonnes. • Water-saving projects conserved 3.75 million tonnes; alternative water sources covered 76.48 % of all usage. • Group-wide environmental systems are fully certified to ISO 14001; Leshan, Jiangsu Zhongneng, Xuzhou Photovoltaic and Funing GCL retain National Green Factory status. • FBR granular silicon’s cradle-to-gate carbon footprint fell to 14.28 kg CO₂e/kg, underpinning global customer compliance with tightening lifecycle-carbon rules.
Climate Targets and Progress • Scope 1+2 emission intensity dropped 15.18 % (location-based) from the 2023 baseline to 35.08 t CO₂e/MW of wafers. • Operational carbon neutrality is targeted by 2040 and full value-chain neutrality by 2050.
Workforce and Safety Metrics • Total headcount stood at 8,253 (1,649 women; female share 20.31 %), with 714 new hires during the year. • Training hours reached 442,073 (53.57 hours per employee). • No work-related fatalities or occupational disease cases were recorded; the lost-time injury frequency rate was 0.46 per 200,000 hours.
Governance and Compliance • The Board met 37 times with 100 % attendance; independent directors represent 40 % of members. • Two core subsidiaries—Inner Mongolia Xinyuan and Jiangsu Zhongneng—achieved ISO 37001 anti-bribery certification. No incidents of corruption, unfair competition or data-privacy breaches were reported. • Cost-focused centralized procurement (RMB 3.10 billion) generated savings of roughly RMB 100 million.
Supply-Chain Sustainability • A verified ISO 20400 statement underpins green procurement; 100 % of core suppliers signed social-responsibility and anti-bribery commitments. • ESG audits covered 50 key suppliers, identifying 593 improvement items with a 95 % rectification rate, while 518 suppliers joined long-term capacity-building programmes.
Community Investment • Social spending totalled RMB 20.06 million, directed to rural revitalisation, education and environmental projects. Employees contributed 70 volunteer-hours across multiple initiatives, including disaster relief in Tibet and Earth Hour campaigns.
Recognition and Ratings • The company maintained an “A” Hang Seng Sustainability Rating for the third consecutive year and secured an “A” grade from SynTao Green Finance, alongside MSCI, S&P CSA and other international ESG assessments. Leshan GCL, Jiangsu Zhongneng, Xuzhou Photovoltaic and Funing GCL remain listed as National Green Factories.
The 2025 ESG report positions GCL Technology to navigate tightening global decarbonisation policies, while reinforcing its market leadership in low-carbon polysilicon and sustainable manufacturing.
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