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  7. TCL Zhonghuan Renewable Energy Technology
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TCL Zhonghuan Renewable Energy Technology | Sustainability Performance

https://www.tzeco.com

Manufactures semiconductor silicon materials and renewable energy products.

1958

China

10,001+ employees

Utilities

$1B - 10B in revenue

Not profitable

Submit or report inaccurate dataDownload Company InsightsⓘBy downloading this report, you'll receive the most insightful and detailed analysis of the company's sustainability performance, compared to its peers. It includes key industry trends, carbon and energy intensity, nature impact, social metrics, and an in-depth look at key risks and controversies.

Sustainability Ranking & Industry Benchmark

#12583
Overallⓘ
#1078
in Chinaⓘ
#375
in Utilitiesⓘ

Sustainability Maturity

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Sustainability Intent

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Industry Rank

169 out of 388

Overview
Environmental
Carbon emissionsEnergy consumptionWaste ManagementWater ManagementAir & land impactNature and biodiversity
Social
Diversity and InclusionPay GapsHealth and SafetyExternalities
Governance
SDG Impact

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CO2 scope 1 + 2 ⓘDirect emissions from owned or controlled sources, combined with indirect emissions from purchased electricity calculated using grid-average emission factors based on where the energy is consumed.
4.9MCO2e tonnes, 2024
Laggard
Renewable energy ⓘProportion of the company's total energy consumption sourced from renewable sources, expressed as a percentage.
36%2024
Waste generated ⓘTotal waste generated through the company's direct operations, including both hazardous and non-hazardous materials.
321.2Ktonnes, 2024
Laggard
Female employees ⓘProportion of women in the company's total workforce, expressed as a percentage.
38%2024
Leading
Externalities ⓘThe monetized estimate of environmental and social impacts caused by an organization that are not reflected in its financial accounts.
263.6M$, 2024
Critical

Intensity


Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Water consumption intensity (m³ /$M)
Industry Benchmark

1.2K

B/M 405.1

5.4K

B/M 2.1K

2.0K

B/M 921.4

2.0K

B/M 965.9


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Controversy level


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Noticeable
High
Severe
Download Controversy Analysis
  • TCL Zhonghuan Renewable Energy Technology Co (Shenzhen-listed 002129.SZ, one of the world's largest monocrystalline silicon solar wafer makers, TCL Group-affiliated) has faced sustained scrutiny over the contested 2023 to 2025 sustained Chinese solar wafer overcapacity price collapse (driving TCL Zhonghuan to multi-billion RMB losses in 2024), plus the contested 2024 sustained collapse of its Nasdaq-listed controlled subsidiary Maxeon Solar Technologies (TCL Zhonghuan became Maxeon's controlling shareholder, whose emergency financings and reverse split in 2024 effectively wiped out minority holders amid US import detentions of Maxeon modules under UFLPA enforcement), affecting institutional shareholders amid global solar sector regulatory pressure.
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