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China Sunergy Co., Ltd. (ADR) : CSUN Release Sustainability Report 2011

07/06/2012| 02:30am US/Eastern
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CSUN Release Sustainability Report 2011

On June 5th 2012?China Sunergy (Nanjing) Co., Ltd.(Nasdaq: CSUN) released its Sustainability Report 2011. As one of the earlist solar cell manufacturers in China, CSUN began operations in August 2004 and were publicly listed on the NASDAQ exchanges in2007. Known for its leading-edge technology in the PV industry, CSUN has grown repidly in the past few years and offered more than 1GW solar cells and solar modules for customers. Sustainability is one of the most important guidance of CSUN long-term strategy and development.

At the beginning of this 40 pages report, the most senior decision maker-CSUN CEO Mr. Stephan Cai's i stated that, "This report sets out what sustainability means to CSUN and what we are doing to embed sustainable values throughout the organization?As CEO, I am committed to ensuring that sustainability remains a core element of what we do.".

With the integral effort of management and all staff, in 2011, the consumption of fresh water is 2149.76 tons per MW solar capacity produced, 34.41% decreased than that of 3277.75 in 2010. Furthermore, the consumption of electricity and natural gas decreased 17.1% and 30.12% than last year as well.

CSUN prides itself on taking care of its employees and works closely with government Bureaus to ensure compliance with regulatings affecting workplace, healthe and safety. CSUN complies with the relevant laws and regulations relating to all aspects of sustainability as identified in the GRI standard. In 2011, CSUN Nanjing operations passed all Chiinese Environmental Protection Agency and Health&safety Bureau inspections.

Furthermore, CSUN has invested more than USD 1.5million, in an in-house building integrated photovoltaic project (BIPV) in 2012 for its Nanjing Headquarters. Once in operation, this project would help to reduce carbon dust by 322.6 tons; and also lower the Co2, So2 and NOX emissions by 1,182.40 tons, 35.60 tons and 17.80 tons respectively.

This report is intended to represent CSUN belief in the importance of developing sustainable relationships with investors, employees, partners, communities and customers, and the sustainability will be developed further and remains a core value of CSUN in future.

About China Sunergy Co., Ltd.

China Sunergy Co., Ltd. is a specialized manufacturer of solar cell and module products in China. China Sunergy manufactures solar cells from silicon wafers, which utilizes crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as photovoltaic effect, and assembles solar cells into solar modules. China Sunergy sells these solar products to Chinese and overseas module manufacturers, system integrators and solar power systems for use in China and many other markets.http://www.chinasunergy.com.

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