October 25 – The international ratings agency Morgan Stanley Capital International (MSCI) has published its latest Environmental, Social, and Governance (ESG) assessment results for LONGi Green Energy Technology Co. Ltd. The company’s ESG rating has been upgraded to A by MSCI. The company's Weighted Average Key Issue Score is now the highest within the A+H share semiconductor industry. It marks the second consecutive year of improvement in LONGi's MSCI ESG rating.

 

The MSCI ESG Rating is an investment decision-support tool to measure a company's resilience to long-term, financially relevant ESG risks. MSCI conducts ESG assessments for over 17,000 companies globally. Its rating system is widely recognized as an authoritative ESG evaluation framework and one of the most influential international mainstream ESG ratings adopted by global institutional investors.

 

The report indicates that LONGi's practices in areas such as corporate governance, supply chain labor standards, and controversial sourcing are ahead of most global industry peers. In corporate governance, LONGi has integrated business ethics management across all operational processes, establishing a comprehensive compliance system embedded throughout its business operations. Regarding the closely watched issue of supply chains, LONGi continues to implement supervisory measures on par with industry peers, ensuring effective management of all Tier-1 suppliers. Furthermore, by developing and enforcing comprehensive procurement policies and control measures, LONGi mitigates potential risks associated with its sourcing activities at the source, thereby safeguarding the compliance and stability of its supply chain.