DAQO New Energy Corp..
DQ.US | Manufacture of basic chemicals
DAQO New Energy Corp. is a leading manufacturer of high-purity polysilicon for the solar photovoltaic (PV) industry. The company develops, manufactures, and sells polysilicon to solar cell and module manufacturers, primarily in China. Polysilicon is a key raw material used in the production of solar...Show More
Better Health for All
0
DAQO New Energy Corp. manufactures polysilicon for the solar photovoltaic industry.
1
The provided articles primarily discuss the company's labor practices, financial performance, and general ESG risk ratings. The ESG Risk Rating is 26.3 (Medium).
2
The company is ranked 186 out of 374 in the Semiconductors industry.
3
The company has 4,749 full-time employees.
4
The company's revenue comes entirely from the People's Republic of China.
5
There is no evidence in the articles pertaining to the net health effect of the company's products, revenue from products with negative health outcomes, user safety records, product price accessibility for health-related items, reach to vulnerable populations for health needs, transparency regarding health risks and benefits of products, investment in health innovation, health externalities (excluding environmental pollution), health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, or mental health initiatives. KPIs related to pharmaceutical patents, nutrition and food safety, healthcare education, addiction mitigation, and clinical trial ethics are not applicable to a polysilicon manufacturer. Therefore, no KPIs can be scored based on the provided evidence.
Fair Money & Economic Opportunity
0
DAQO New Energy Corp. is a manufacturer of high-purity polysilicon and does not operate as a financial institution. The provided articles discuss the company's labor practices, ESG efforts, and general community contributions (RMB2.251 million in 2023 for healthcare, education, and poverty alleviation).
1
However, there is no evidence related to financial services, lending, consumer credit products, or financial inclusion initiatives. Therefore, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable to the company's core business operations or the available evidence.
Fair Pay & Worker Respect
10
An independent audit found no evidence of forced labor, child labor, human rights violations, or violations of applicable labor laws or regulations at Daqo New Energy's affiliated companies.
1
The audit also reported no cooperation with labor camps, education/training centers, or detention centers.
2
Fair Trade & Ethical Sourcing
0
No evidence available to assess DAQO New Energy Corp. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-20
Approximately 54.5% of the company's 11 board members are independent directors, free from material conflicts of interest.
1
The company has a code of business conduct and ethics, along with charters for its audit, compensation, and nominating and corporate governance committees.
2
In 2023, each staff member participated in an average of 70 hours of anti-fraud training.
3
The company also completed five major and eight other process audits in 2023, achieving 100% efficiency in risk rectification.
4
Kind to Animals
0
No specific, concrete data points related to animal welfare, cruelty-free certifications, animal testing, humane operations, wildlife conservation, ethical sourcing, or animal agriculture ethics were found across the provided articles for DQ.US. The reports explicitly state a lack of information on animal welfare practices, focusing instead on general ESG factors, environmental metrics, and employee-related data.
1
No War, No Weapons
0
DAQO New Energy Corp. is a manufacturer of polysilicon for the solar photovoltaic (PV) industry.
1
The provided articles confirm that the company's core business is solar PV manufacturing
2
and explicitly state that its ESG report focuses on this area, not on arms or defense contracts.
3
No evidence was found regarding any other 'No War, No Weapons' KPIs, including dual-use technology, sales to embargoed regimes, peacebuilding investments, or any defense-related policies or activities.
Planet-Friendly Business
10
In 2022, the company's carbon emissions were 1.2 million metric tons, representing a 15.2% reduction from 2021.
1
In the same year, 92% of its operational energy was sourced from solar.
2
The waste recycling and repurposing rate in 2022 was 98.3%.
3
Respect for Cultures & Communities
0
The provided articles do not contain specific, quantifiable data points for DQ.US that directly map to the defined KPIs for 'Respect for Cultures & Communities'. While one article mentions DQ.US's community contributions of RMB2.251 million to projects in healthcare, education, and poverty alleviation, this figure is not presented as a percentage of revenue or non-core revenue, nor is it specifically allocated to cultural or linguistic preservation, which prevents it from being scored against the relevant KPIs.
1
Another article discusses alleged forced labor in the broader Xinjiang solar supply chain, but it does not provide specific evidence or data points regarding DQ.US's direct involvement or actions that align with the quantitative thresholds of the provided KPIs.
2
Safe & Smart Tech
-50
In 2023, Daqo New Energy Corp. allocated $9 million to cybersecurity enhancements.
1
This investment represents approximately 0.485% of its total sales revenue of $1.855 billion for the same year.
2
Zero Waste & Sustainable Products
-30
The company's 2023 ESG reports consistently state no specific regulatory actions, violations, fines, or compliance issues related to waste or sustainability, indicating no waste disposal violations in the reporting period.
1
In terms of resource management, the comprehensive utilization of solid waste increased by 9.88% in 2023 compared to 2022.
2
Wastewater discharge intensity decreased for a fifth consecutive year.
3
Water consumption intensity decreased by 11.53% in 2023 compared to 2022.
4
Additionally, recycled water consumption increased by 41.49% in 2023 compared to 2022, and comprehensive energy consumption density decreased by 0.23% in the same period.
5