Daqo New Energy Corp. Publishes 2024 Environmental, Social and Governance Report Highlighting Sustained Investment in R&D and Technological Innovation

Daqo New Energy Corp., a leading manufacturer of high-purity polysilicon for the global solar PV industry, has released its 2024 Environmental, Social and Governance (ESG) report, showcasing the company's commitment to building a better and more sustainable world. The report highlights key achievements in corporate governance, innovation and R&D, employee rights protection, environmental sustainability and emission reductions, as well as social responsibility. Through sustained investment in R&D and technological innovation, Daqo New Energy aims to drive the development of green and clean energy, achieving long-term sustainable development goals.

Key Takeaways:

• Daqo New Energy Corp. has published its 2024 ESG report, outlining its commitment to sustainable development and responsible business practices.
• The company's ESG Development Strategy defines its short-, medium-, and long-term sustainable objectives, including reducing waste emission and optimizing energy consumption.
• Daqo New Energy aims to achieve peak carbon emissions and use over 80 percent clean energy in its production processes by 2030, and carbon neutrality by 2060.
• The company has a total polysilicon nameplate capacity of 305,000 metric tons, making it one of the world's lowest cost producers of high-purity polysilicon.
• Daqo New Energy fosters a corporate culture that revolves around people, regulatory compliance, and unwavering integrity, as stated by Chairman and Chief Executive Officer Mr. Xiang Xu.
• The company's R&D investment is focused on driving industry innovation, exploring new business opportunities, and striving for a harmonious integration of product utility, corporate value, and socio-environmental impact.

Statistics:

• 305,000 metric tons: Daqo New Energy's total polysilicon nameplate capacity.
• 2023-2025: Daqo New Energy's short-term objective to continuously increase the proportion of clean energy used in production and reduce the intensity of waste emission.
• 2030: Target year for achieving peak carbon emissions and using over 80 percent clean energy in production processes.
• 2060: Target year for achieving carbon neutrality.

Sources:

• SOURCE Daqo New Energy Corp.