The first ESG rating report for transportation enterprises in China was released, marking the start of a new journey towards green transformation.

On July 10, 2024, the Ministry of Transport's Environmental Protection Center and Shanghai Tianyu Engineering Consulting Co., Ltd. jointly released the "2023 Transportation Industry Enterprise ESG Rating Report". The report, based on a rigorous and objective evaluation system, provides a comprehensive assessment of 73 listed transportation enterprises in Shanghai, Shenzhen and Beijing. The release of the report marks a significant step forward for the transportation industry in China in terms of advocating the ESG concept and promoting green transformation, and injects strong momentum into the construction of a strong transportation industry and the realization of the grand blueprint of a beautiful China.

ESG ratings highlight new achievements in industry's green development

As a key indicator for measuring the overall value of a company and guiding green investment, ESG ratings are increasingly applied in the transportation industry. The "2023 Transportation Industry Enterprise ESG Rating Report" deeply analyzes the industry's significant achievements in energy conservation and emission reduction and green technology innovation. The report shows that more and more transportation enterprises are integrating the ESG concept into their development strategies, actively advocating green operations, and making significant progress in environmental protection and sustainable development. This not only reflects the industry's responsibility in advocating national low-carbon policies, but also contributes valuable experience to promote the green transformation of the transportation industry.

Social responsibility field shows new responsibility of transportation

In addition to its outstanding performance in environmental protection, the transportation industry also delivers a remarkable performance in the field of social responsibility. The "report" pays special attention to the efforts and results of enterprises in employee welfare, social contribution, etc., and evaluates key indicators such as employee satisfaction, occupational safety and health protection. The data shows that transportation enterprises have invested a lot of resources in improving employee satisfaction and fulfilling social responsibility, reflecting a strong sense of responsibility and humanistic care. This not only helps to create a harmonious labor-capital relationship, but also lays a solid social foundation for the sustainable development of the industry.

Although the transportation industry in China has made great progress in advocating the ESG concept, there are still many challenges in the field of environmental information disclosure. The report points out that in the future, transportation enterprises should further enhance ESG awareness, improve information disclosure mechanisms, and accelerate the pace of low-carbon transformation, contributing more power to the construction of a strong transportation industry and the realization of the dream of a beautiful China.