Recently Released its First TCFD Climate Action White Paper
(10 May 2024, Hong Kong) – CIMC Enric Holdings Limited and its subsidiaries (collectively, “CIMC Enric” or “Company”) (stock code: 3899.HK) are pleased to release that Shijiazhuang Enric Gas Equipment Co., Ltd. (“Shijiazhuang Enric”), a subsidiary of the Company, has been awarded the EcoVadis Silver Medal for Sustainable Development with an outstanding score of 68/100 in the certification assessment. This achievement places Shijiazhuang Enric in the top 11% among all participating companies.
EcoVadis Silver Medal for Sustainable Development
EcoVadis is the world’s largest and most trusted provider of business sustainability ratings, having created a global network of over 100,000 rated companies. The EcoVadis sustainability rating evaluates companies’ sustainable development capabilities based on four categories: environment, ethics, labour and human rights, and sustainable procurement. The EcoVadis medal aims to recognize qualified companies that have undergone the EcoVadis assessment process and demonstrated a relatively strong management system to address corporate social responsibility standards.
Shijiazhuang Enric's EcoVadis Scorecard
As a leading enterprise in the domestic high-pressure, large-volume steel seamless gas cylinder industry, Shijiazhuang Enric has been committed to promoting the development of high-pressure gas storage and transportation equipment. It has always adhered to green and sustainable development principles, aiming to create sustainable social value. The company focuses on clean energy and specialty gas technology solutions, contributing to the sustainable and high-quality development of society.
The achievement of the EcoVadis Silver Medal is a strong recognition of Shijiazhuang Enric's long-standing commitment to sustainable development and fulfilling its social responsibility. This honour will further enhance the company's business value and social reputation, promote collaboration with industry-leading customers, and continuously strive towards high-quality and sustainable development goals.
CIMC Enric and its subsidiaries have actively responded to climate change, promoted green development with intelligent, innovative technologies, and have received various recognitions from rating agencies such as MSCI ESG and Wind ESG. Recently, the company has also published its first "2023 Climate Action White Paper," focusing on climate information disclosure in the four core areas of TCFD: governance, strategy, risk management, and Metrics and Targets. CIMC Enric will continue to implement the concept of sustainable development, actively promote green solutions and services, assist customers in achieving emission reduction targets, and contribute to the global climate transition.
Appendix: CIMC Enric's First TCFD Climate Action White Paper:
CLIMATE ACTION WHITE PAPER OF CIMC ENRIC (irasia.com)
