Ren
Li,
Founder
of
Letright
Corporation
(centre),
was
honoured
as
the
Responsible
Business
Leader
at
the
prestigious
ACES
Awards
2024
held
recently
in
Bangkok,
Thailand.
The
award
was
presented
on
stage
by
Dr.
Shanggari
Balakrishnan,
President
of
the
ACES
Awards
(left),
and
Hemant
Batra,
Honorary
Chairman
of
the
ACES
Council
(right)
The
award
ceremony,
held
on
November
14,
celebrated
leaders
who
exemplify
sustainable
practices
and
ethical
integrity.
Ren
Li’s
journey
began
in
1999
when
he
founded
Letright
Corporation,
tapping
into
China’s
burgeoning
furniture
market.
His
commitment
to
sustainability
was
evident
as
early
as
2001
when
he
ceased
the
production
of
wooden
patio
umbrellas,
driven
by
a
sense
of
responsibility
and
love
for
the
planet,
rather
than
external
pressures.
Letright
embraced
these
values
even
before
the
Paris
Agreement
in
2015.
Under Ren Li’s leadership, Letright has consistently pushed the boundaries of innovation. In 2001, Letright revolutionized the industry by mass-producing solar lights, laying a strong foundation in photovoltaic technology. By 2007, the introduction of Polywood, a wood-effect material, further reduced wood usage, balancing sustainability with business success. In 2016, Letright adopted eco-friendly technology to create wood-effect finishes on non-wood outdoor furniture, satisfying consumer demand while expanding market share.
In his acceptance speech, Ren Li expressed gratitude to his team at Letright Industrial Corp., Ltd., and his family, especially his daughter, for their unwavering support. He also acknowledged the ACES platform for fostering a community of leaders dedicated to sustainable development.
Ren Li highlighted Letright’s innovations, such as the Solaryard Smart Pergola launched in 2023, which is pivotal in enriching outdoor living while contributing substantially to sustainable development. This groundbreaking product addresses outdoor challenges and transforms spaces into vibrant, energy-efficient environments. He noted that the market for smart pergolas is projected to exceed 100 million units over the next decade, potentially generating 200 billion kilowatt-hours of electricity and significantly reducing global carbon emissions.
He concluded by reaffirming his belief that businesses have a responsibility to drive economic progress while protecting the planet and communities. He urged entrepreneurs to embrace sustainability as a necessity for creating a future where people and nature thrive together. “Thank you all for your support and belief that business can and should be a force for good. Let us continue to lead with purpose, inspire others, and create brighter, sustainable solutions for the challenges that lie ahead. Together, we can reshape the future of global business and the environment,” Ren Li stated.
https://www.letright.com
Hashtag: #LetrightCorporation #ACESAwards2024 #ResponsibleBusinessLeader #Sustainability
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