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Sungrow Ranks 12th Globally and Tops Electrical Equipment Sector in Corporate Knights' 2026 Global 100

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Sungrow Ranks 12th Globally and Tops Electrical Equipment Sector in Corporate Knights' 2026 Global 100
Business

Business

Sungrow Ranks 12th Globally and Tops Electrical Equipment Sector in Corporate Knights' 2026 Global 100

2026-01-23 18:00 Last Updated At:18:15

HEFEI, China, Jan. 23, 2026 /PRNewswire/ -- Sungrow, a globally renowned renewable energy company, has been named on Corporate Knights' 2026 Global 100 list of the world's most sustainable corporations during the World Economic Forum in Davos. Ranked 12th globally and first in the electrical equipment manufacturing sector, the recognition highlights Sungrow's sustainable growth strategy and strong business performance.

For the 2026 ranking, the Global 100 evaluated more than 8,000 publicly listed companies based on criteria including sustainable investments, revenues, and revenue momentum. This accolade follows Sungrow's recent recognition by Time magazine and Statista as one of the World's Best Companies in Sustainable Growth 2026.

Sustainability Embedded in Strategy and Operations

Guided by its sustainability philosophy, "Green Mission, Better Life," Sungrow actively integrates the principles into every facet of its global operations. The company's strategic framework is built on five pillars: Excellent Governance, Towards Net Zero, Eco-friendly Development, Mutually Beneficial Collaboration, and Diversity and Inclusion. This commitment has been recognized with an MSCI ESG rating of AAA and the EcoVadis Gold Medal for Corporate Social Responsibility at the group level in 2025.

Sungrow is also committed to achieving carbon neutrality on the operational level by 2028, carbon neutrality across the supply chain by 2038, and net zero across the supply chain by 2048.

Innovation as the Bridge to a Sustainable Future

Sungrow's sustainability impact is driven by continuous innovation and R&D investment. In the first three quarters of 2025 alone, the company invested USD 438 million in research and development with more than 11,000 patents filed. This technological expertise supports its "Bridge to a Sustainable Future" brand value proposition, converting natural resources into reliable clean energy for customers in over 100 countries.

By the end of June 2025, Sungrow's cumulative installed capacity of power electronic converters exceeded 870 GW worldwide, over 540 million tons of CO₂ emissions can be avoided annually together with its customers. The company continues to advance comprehensive solutions across solar, wind, energy storage, EV charging, and hydrogen energy.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide and is recognized by BloombergNEF as the world's most bankable PV inverter and energy storage company. Sungrow supports customers with a global service network of 520 service outlets. For more information, please visit: www.sungrowpower.com/en.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Sungrow Ranks 12th Globally and Tops Electrical Equipment Sector in Corporate Knights' 2026 Global 100

Sungrow Ranks 12th Globally and Tops Electrical Equipment Sector in Corporate Knights' 2026 Global 100

DAVOS, Switzerland, Jan. 24, 2026 /PRNewswire/ -- Leading The Charge – Turning risk into reward with a circular economy for EV batteries and critical minerals, a whitepaper released by the Ellen MacArthur Foundation during the World Economic Forum Annual Meeting 2026, marks the first integrated, actionable circular value-chain roadmap for EV batteries grounded in real-world industrial practice. It also sets a landmark milestone in the cooperation between CATL and the Foundation.

Developed with input from over 30 leading organizations across the EV battery ecosystem — including CATL, DHL, Volvo, and JLR, alongside research institutions and NGOs — the report sets out a clear, industry-informed direction for how EV batteries must be designed, used, recovered, and reintegrated to maximise value and reduce systemic risk across the value chain.

As the founding strategic partner of The Foundation's Critical Minerals Mission, CATL worked closely with The Foundation and industry peers to translate circular economy principles into practical, deployable actions grounded in real operating experience. The roadmap also supports CATL's Global Energy Circularity Commitment, including its long-term goal to decouple battery growth from virgin raw material extraction.

It highlights the opportunities a circular EV battery system can unlock across environment, economy, product, and broader value creation. By keeping batteries and their critical minerals in use across multiple lifecycles, it reduces demand for newly mined materials, lowers emissions, and supports renewable energy integration. It also increases economic value by improving material efficiency, lowering waste and operational costs, and creating new revenue streams. At the same time, it strengthens supply chain resilience and distributes economic benefits more equitably across regions, showing that a systemic, circular approach transforms potential risks into strategic, value-generating opportunities.

Five bright spots to unlock a circular EV battery system
The whitepaper identifies five interdependent actions needed to keep battery materials in high-value use and strengthen system resilience:

CATL actions already in practice
CATL is already putting these system-level actions into practice across its operations. By separating the battery from the vehicle, CATL manages batteries as centrally managed assets, increasing utilization, enabling scheduled maintenance, and ensuring predictable return at end of use. Today, CATL operates more than 1,000 passenger-vehicle and over 300 commercial-vehicle swap stations, supported by a growing ecosystem of more than 100 partners.

This system integration enables high-quality recovery at scale. CATL's recycling operations achieve recovery rates of 99.6% for nickel, cobalt, and manganese, and 96.5% for lithium, with processing capacity expanding toward 270,000 tonnes per year. In parallel, CATL is applying alternative chemistries such as sodium-ion batteries, using widely available materials and reducing lifecycle carbon emissions per kilowatt-hour by up to 60%, reinforcing circular performance across mobility, swapping, and energy storage applications.

Scaling together
Speaking at The Foundation's Leadership Briefing among CATL Jiang Li, Vice-Chairman and Board Secretary of CATL highlighted: "This report marks a major milestone in the global journey towards a circular battery economy. Circular battery systems must now be scaled across regions, industries, and applications — from EVs to energy storage — and adapted to diverse market contexts."

"As EV adoption accelerates, a circular economy for batteries and critical minerals is no longer optional — it is essential to affordability, resilience, and long-term growth while reducing environmental and social impacts," said Wen-Yu Weng, Executive Leader for Critical Minerals at the Ellen MacArthur Foundation. "EV batteries are strategic assets, and circular approaches are key to retaining their value and ensuring critical minerals never become waste. We welcome CATL's contribution and look forward to continued collaboration to help scale a truly circular battery system and support the wider energy transition."

For CATL, this agenda directly underpins its pathway to carbon neutrality — building on the achievement of carbon neutrality across all its battery plants, and its target to achieve carbon neutrality across the full value chain by 2035.

The launch of the report marks an early milestone in CATL and The Foundation's broader collaboration to accelerate circularity of critical minerals. The next phase will focus on stress-testing these approaches in real-world environments, to understand how design, use, life extension, collection, and recycling loops function together at scale.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

CATL and the Ellen Macarthur Foundation Set Direction for Circular EV Batteries with Landmark Whitepaper

CATL and the Ellen Macarthur Foundation Set Direction for Circular EV Batteries with Landmark Whitepaper

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