On July 16, S&P Global unveiled the 2024 Sustainability Yearbook (China Edition), recognizing Tongwei Co., Ltd. for its exceptional performance in sustainable development. Competing against 1,735 evaluated Chinese companies, Tongwei distinguished itself through its long-standing commitment to ESG principles, earning a place among the 129 companies featured in this prestigious yearbook.
Tongwei stood out by achieving the highest score in the semiconductor and semiconductor equipment sector within China. It highlights Tongwei’s leadership and dedication to sustainability in a highly competitive industry.
Tongwei Co., Ltd. recognized in the 2024 Sustainability Yearbook (China Edition) by S&P Global.
Since its inception in 2008, the global version of the Sustainability Yearbook has been widely respected by companies and stakeholders around the world. Utilizing S&P Global's Corporate Sustainability Assessment (CSA), a leading tool for evaluating corporate sustainability, the Yearbook identifies and honors companies that demonstrate a strong commitment to ESG principles. The China Edition specifically aims to spotlight Chinese companies that excel in sustainability, recognizing the top 15% in each industry based on their S&P Global ESG scores.
Dr. Zhu Zihan, Sustainable Development Director of Tongwei, at the 2024 Sustainability Yearbook (China Edition) recognition event.
Tongwei has actively engaged in global ESG governance and consistently pursued a sustainable development path. In 2023, Tongwei refined its sustainability strategy under the mission "Together to Win," focusing on "building together," "governing together," and "sharing together." This strategy has deepened its communication with stakeholders and solidified its ESG framework, centered on harmonious partnerships, steady growth, environmental stewardship, and value creation.
Being recognized with the highest sector score in the 2024 Sustainability Yearbook (China Edition) affirms Tongwei's strong alignment with sustainability principles. Tongwei will continue to lead in green development, deepen its ESG efforts, and work with partners to contribute to a globally aligned ESG ecosystem.
