23/10/2024
🎉 👏🏼 GCL Technology Holdings Limited surpassed the industry average in the S&P Global CSA with a high score
GCL Technology has recently announced its performance in the S&P Global CSA and the Hang Seng Sustainability Rating. The Company has achieved an ESG score of 44 in the S&P Global CSA, well above the industry average of 29. It has maintained an A- from the Hang Seng Sustainability Rating for three consecutive years.
S&P Global CSA reports that GCL Technology outperforms the industry average scores across Environmental, Social, Governance and Economic dimensions. The Company has excelled in key areas such as Environmental Policy and Management, Energy Management, Waste and Pollutants, Biodiversity, Product Stewardship, Sustainable Raw Materials, Product Quality and Recall Management, Customer Relations, Transparency and Reporting, and Risk and Crisis Management.
Meanwhile, GCL Technology has earned a solid overall score in the Hang Seng Sustainability Rating compared to the average of its peers across the environmental, social, and governance dimensions. Notably, the Company’s performance in three of the seven core topics, Environment, Consumer Issues, and Community Involvement and Development, outshines that of most global peers.
As a leader in high-efficiency photovoltaic materials, GCL Technology emphasises environmental sustainability and innovation, focusing on low-carbon products. The S&P Global CSA and Hang Seng Sustainability Rating results reinforce the Company's commitment to sustainable development, aligning with investor expectations and enhancing its long-term value.
Dedicated to green development, GCL Technology continues to improve its ESG practices and aims to support broader environmental goals while contributing to China's "30-60 dual carbon" initiative.