Shandong Hi-Speed New Energy Group Limited announced an update to its Environmental, Social, and Governance $(ESG)$ entity rating from Sustainable Fitch. As of July 11, 2025, the company received an ESG entity rating of "2" on a scale from "1" to "5," with "1" being the strongest, and an entity score of 78. This marks an increase of 3 points from their 2024 rating. The update reflects improvements in the company's consideration of United Nations Sustainable Development Goals and their integration into corporate strategy. The company received a "good" rating for various environmental, social, and corporate governance indicators. Sustainable Fitch highlighted the company's contributions to climate change mitigation through its photovoltaic and wind power businesses, as well as its energy-efficient districtwide heating system. The company aligns with state goals to achieve "carbon peak" by 2030 and "carbon neutrality" by 2060. Additionally, it maintains a robust supply chain management system, a zero social incidents record, and a reliable risk management system.
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