Tongwei has secured the 9th position in the 2024 Sustainable Development (ESG) Report of Energy Listed Companies in China. This recognition highlights Tongwei's exemplary performance in sustainable governance, climate action, technological innovation, sustainable supply chain management, and employee development.
Tongwei ranks 9th in the 2024 Sustainable Development (ESG) Report of Energy Listed Companies in China
The report, compiled by the China Energy Research Society and Beijing Green Credit Rating Co., Ltd.,evaluated 636 energy companies listed on the Shanghai, Shenzhen, Beijing, and Hong Kong stock exchanges. The assessment was based on a comprehensive set of 36 quantitative and 41 qualitative indicators outlined in the "Energy Enterprise Sustainable Development (ESG) Disclosure Indicator System and Evaluation Guidelines." These metrics include greenhouse gas emission intensity, comprehensive energy consumption, R&D investment ratio, and more.
Over the years, Tongwei has consistently refined its sustainable development strategy, driven by the mission of "Together to Win." The company’s core philosophy—"build together, govern together, share together"—guides its deep engagement with stakeholders. This approach has crystallized into four strategic ESG pillars: harmonious partnerships, steady growth, ecological well-being, and value creation.
In 2024, Tongwei has been recognized multiple times for its sustainability efforts. Notably, the company joined the global RE100 initiative as a gold member, committing to 100% renewable energy use by 2030. In addition, Tongwei was listed in the 2024 Fortune China ESG Influence Rankings, earned a "2" rating with a score of 69 in the Fitch Evergreen ESG Ratings, and was featured in the 2024 S&P Global Sustainability Yearbook (China Edition) with the highest score in the domestic semiconductor and semiconductor equipment industry.
Tongwei's recent inclusion in the ESG Top 100 list not only acknowledges its achievements in environmental protection, social responsibility, and corporate governance but also affirms its commitment to sustainable development. Moving forward, Tongwei will continue to integrate ESG principles into its operations and growth strategy, driving the company toward high-quality development and contributing to a more sustainable future for society.
