According to the latest MSCI annual release, ENN Energy’s ESG rating is upgraded from BBB to A, which is the highest rating for enterprises in the same industry in the Greater China region. Before that, the Company has remained its Hang Seng Sustainability Rating A during the year, and also be included in the Hang Seng Sustainability ESG50 Index and the Hang Seng Corporate Sustainability Benchmark Index.
source: ENN Energy MSCI ESG Rating Report (Annual Rating Results as of October 22, 2021)
The improvement of ESG rating is led by the Company's efforts on managements related to carbon emission management, biodiversity conservation, health and safety and corporate governance, etc. It actively carries out works of responding to climate change, issued the 2050 net zero emission target and roadmap, formulated a detail low-carbon development plan to 2030.
Zheng Hongtao, Vice Chairman of ENN Energy, said: "MSCI's rating result is a recognition of ENN Energy's ESG management. Promoting the clean and low-carbon development of ourselves, customers and society is not only our mission as an energy company, but also our social responsibility. The Company will persistently involve in ESG management and practices, setting up scientific ESG management goals, flexible and self-driven organizational structure, and improving the transparency, thus improving the Company’s ESG management level. The company has always targeted to serve users' better lives, social health and sustainable development, and will continue to work steadily supply green energy, supporting the clean and low-carbon development of society."
