ReneSola.
SOL.US | Electric power generation, transmission and distribution
ReneSola Ltd. is a global solar project developer and operator. The company focuses on developing, building, and operating solar power projects. ReneSola develops and sells project rights to third parties, and also owns and operates projects that generate and sell electricity. Their activities encom...Show More
Better Health for All
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ReneSola's core business of developing and operating solar power projects provides clean, low-carbon, sustainable energy solutions, which inherently delivers substantial health benefits by combating climate change and reducing pollution. The company's mission is to provide clean, low-carbon, sustainable energy solutions that combat climate change.
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In 2021, the company's operations resulted in 120,000 metric tons of carbon reduction
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and generated 1,300,000 MWh of power annually.
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In 2020, it reduced 700 thousand metric tons of CO2 emissions.
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This means 100% of its revenue comes from products with positive health impacts. The company's operations generate substantial positive health externalities through significant carbon emission reductions. ReneSola's Yancheng base obtained ISO 9001:2015 Quality Management System certification
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and implements 52 product quality checkpoints, with 100% of cells and modules undergoing various tests.
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The company does not collect or manage health-related data, nor does it engage in health education, clinical trials, or produce products with addiction potential. Its business activities do not directly involve healthcare workforce support, mental health initiatives for the public, or global health crisis response beyond being impacted by them.
Fair Money & Economic Opportunity
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ReneSola, a solar project developer and operator, serves low-to-moderate income (LMI) subscribers in its Community Solar Garden projects in the US, with this segment representing 9% of its capacity as of mid-2025.
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As the company's core business is not financial services, it does not offer lending or deposit services to consumers. Therefore, KPIs related to consumer credit products, fee structures, financial literacy, debt burden, and financial service access points are not applicable.
Fair Pay & Worker Respect
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ReneSola faces significant challenges in employee retention, with voluntary turnover rates for non-sales employees reported to exceed 80% within two years.
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Employee satisfaction is low, reflected in an overall employee rating of 2.9 out of 5 stars.
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Reviews consistently highlight issues such as low pay and a general lack of benefits, with some employees reporting no benefits even after years of service.
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Concerns are also raised regarding poor management, limited career opportunities, and communication breakdowns.
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The company's hiring practices include employing individuals as temporary workers for extended periods before offering permanent positions.
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Fair Trade & Ethical Sourcing
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No specific, concrete data points were found in the provided articles for ReneSola (SOL.US) regarding fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability coverage, remediation speed, ethical clause coverage in supplier contracts, share of spend on high-risk materials, or supplier diversity spend. While some articles discuss industry-wide issues, protocols (like the SEIA traceability protocol
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), and regulatory requirements (such as the Uighur Forced Labor Prevention Act
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) relevant to ethical sourcing in the solar industry, they do not provide quantitative evidence of ReneSola's specific performance against these metrics. Information pertaining to 'Renesas' in some articles was disregarded as it refers to a different company.
Honest & Fair Business
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The board of directors currently has five members.
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, with two qualifying as independent directors.
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, meaning 40% of the board is free from material conflicts of interest. A whistleblower policy is in place for accounting, internal accounting controls, fraud, or auditing matters.
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Company Counsel submits a report to the Audit Committee at least once per quarter summarizing each accounting complaint.
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, and the company may contract with a third party to handle complaints.
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Kind to Animals
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ReneSola (SOL.US) is a solar project developer and operator.
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Its business model does not involve activities such as producing consumer products, using animal-derived ingredients, conducting animal testing, or engaging in animal agriculture. Therefore, most KPIs related to animal welfare, cruelty-free certifications, and ethical sourcing of animal products are not applicable to the company's operations. No specific data was provided regarding the measurable biodiversity impact of any conservation initiatives undertaken by ReneSola.
No War, No Weapons
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No specific, quantitative evidence was found in the provided articles to assess ReneSola (SOL.US) against any of the 'No War, No Weapons' ethical value KPIs. The articles describe the company as a solar project developer and operator, mention the publication of an ESG report, and refer to general conflict mineral disclosures without providing specific data points or percentages relevant to the rubric's metrics.
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Planet-Friendly Business
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No relevant data was found in the provided articles for ReneSola (SOL.US) that directly maps to the 'Planet-Friendly Business' KPIs. The available article focuses on market dynamics and competitive analysis rather than environmental performance metrics. Articles
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,
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, and
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pertain to other companies (EssilorLuxottica and Renesas) and are not applicable to ReneSola.
Respect for Cultures & Communities
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No specific evidence for SOL.US (ReneSola) regarding Respect for Cultures & Communities was found in the provided articles. The articles discuss general solar industry trends or initiatives of other companies (IREC, Renesas), which cannot be attributed to SOL.US.
Safe & Smart Tech
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The company provides users with standard controls over their personal data, allowing them to delete or request deletion of data and update information via their accounts.
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The company commits to compliance with relevant laws and regulations,
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and its cybersecurity policies and practices are based on recognized frameworks established by the National Institute of Standards and Technology and the International Organization for Standardization.
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Zero Waste & Sustainable Products
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ReneSola's mono-crystalline photovoltaic modules have a Reference Service Life (RSL) of 25 years.
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This lifespan falls within the industry average for solar panels, which is typically 25-35 years.
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The company states it focuses on extending product lifespans to reduce environmental impact throughout the product's full life cycle, indicating some awareness and limited implementation of circular design principles.
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