GCL Technology Named Bloomberg Green ESG Leader, Driving Low-Carbon Transformation with FBR Granular Silicon Technology
On November 27, Bloomberg officially released the “Bloomberg Green ESG China 2026 Most Noteworthy Companies” list. GCL Technology was selected for the list and honored with the title of “ESG Leading Enterprise,” in recognition of its deep-rooted presence in green energy, systematic ESG governance practices, and measurable sustainability performance.
This recognition marks strong endorsement from international capital markets and authoritative institutions of GCL Technology’s comprehensive performance across environmental, social and governance (ESG) dimensions. Other companies selected for the list include industry leaders such as JD.com, Huayou Cobalt and Trina Solar, collectively forming a benchmark group for global sustainable development.
As a global leader in the R&D and manufacturing of low-carbon, high-efficiency photovoltaic materials, GCL Technology remains committed to its mission of “bringing green energy into everyday life.” The Company has established a comprehensive, multi-layered sustainability framework, with core ESG ratings consistently ranking among the industry’s top tier.
Key achievements include: a Sustainalytics ESG Risk Rating of 20.4, maintaining an industry-leading position; an improvement in S&P CSA ESG score from 42 to 52, ranking among sector leaders; an upgrade to Grade A in the Hang Seng Corporate Sustainability Index; dual Management Level ratings in its first-ever response to the CDP Climate Change and Water Security questionnaires; two consecutive years of leading performance in Fitch ESG ratings; and a steady upgrade in Wind ESG rating from A– to A. Together, these multidimensional improvements demonstrate the Company’s continuously strengthening sustainability capabilities.
At the governance level, GCL Technology has established a three-tier ESG governance structure encompassing the governance, management and execution layers, ensuring clear accountability and efficient coordination. The Board of Directors and its ESG Committee serve as the highest decision-making bodies, responsible for setting sustainable development strategies. Under the ESG Committee, the Sustainable Development Management Committee coordinates implementation and conducts regular reviews of strategic execution. At the operational level, a Sustainability Center and dedicated ESG task forces have been established to build a full-process ESG management and internal control system, ensuring precise and effective execution of ESG initiatives.
In response to global climate change and in alignment with China’s “dual-carbon” goals, GCL Technology has articulated long-term greenhouse gas reduction targets: achieving carbon neutrality in operations by 2040, and full value-chain carbon neutrality by 2050. The Company strictly follows the requirements of ISSB IFRS S2 – Climate-related Disclosures, systematically advancing the identification, assessment and management of climate-related risks across the entire value chain, with the ambition of playing a proactive role in global climate governance.
Technological innovation serves as a critical pillar underpinning GCL Technology’s green commitments. Against the backdrop of the EU Carbon Border Adjustment Mechanism (CBAM) and the global surge in ESG-focused investment, low carbon performance has become a “passport” for global competitiveness in photovoltaic products. GCL Technology’s proprietary FBR (Fluidized Bed Reactor) granular silicon technology features outstanding low-carbon attributes, not only redefining the Company’s competitive edge but also driving the photovoltaic value chain’s transition from high energy consumption and high emissions to low energy consumption and low emissions, reshaping industry value assessment standards.
As of the end of 2024, GCL Technology’s effective granular silicon capacity reached 480,000 tons. Compared with conventional rod silicon, this capacity enables annual electricity savings of approximately 19.5 billion kWh, equivalent to a reduction of about 10.48 million tons of CO₂ emissions.
It is reported that the “Bloomberg Green ESG China 2026 Most Noteworthy Companies” list was jointly initiated by Bloomberg Businessweek and Bloomberg Green. Through close collaboration with authoritative institutions and experts, and leveraging Bloomberg’s proprietary quantitative models, the evaluation systematically assesses corporate performance under sustainability and industry frameworks. The methodology effectively reduces data noise, harmonizes disclosure standards, and enhances the transparency and comparability of ESG information.
Through the deep implementation of its “Infinity” ESG strategy, GCL Technology not only demonstrates industry-leading ESG capabilities, but also provides a replicable and scalable model for the green and low-carbon transformation of the global photovoltaic and clean energy industries—further reinforcing China’s core leadership position in the global clean energy landscape.