China Power's ESG Efforts Recognized by Leading Domestic and International Institutions
China Power's 2024 ESG initiatives have been widely recognized by prominent ESG rating agencies, capital markets, consulting firms, and authoritative media outlets.
Notable Improvements in ESG Ratings. China Power's 2024 ESG rating by MSCI, the world's largest index provider, was upgraded to "BBB". Additionally, its S&P Global Corporate Sustainability Assessment (CSA) score saw significant improvement, positioning the company as a leader in China's power generation industry.
Recognition with Prestigious Awards. China Power's ESG practices earned multiple high-profile accolades, including the 2024 Outstanding Sustainable Development Practice Award from the China Association for Public Companies; the ESG and Green Development Award from the State-owned Assets Supervision and Administration Commission (SASAC) News Center and the China Foreign Languages Publishing Administration; the 2024 ESG Outstanding Case Study Award from the China Enterprise Reform and Development Society and China Comment; and the 2024 Best Sustainability Award from Ernst & Young.
Throughout 2024, China Power refined its ESG framework, creating a management ecosystem based on governance systems, supported by institutional guarantees, indicators, risk management, and performance assessments. It also published its ESG strategies and goals, actively disclosing information and engaging with stakeholders.
Looking ahead, China Power plans to further integrate ESG principles into its operations, driving high-quality development and value creation while delivering benefits to stakeholders.