XINGYE SILVER&TIN has continuously received a Wind ESG BBB rating, with a comprehensive score of 6.57

According to Tongbi Finance, on June 9, 2026, Inner Mongolia XINGYE SILVER&TIN Mining Co., Ltd. (stock abbreviation: XINGYE SILVER&TIN, code: 000426.SZ) received a Wind ESG rating of BBB, unchanged from the previous period. The company's overall score is 6.57, higher than the average score of 6.07 in the metals and mining industry. It ranks 81st among 191 companies in the metals and mining industry, placing it in the top 42.41% of the industry. The scores for the environmental, social, and governance dimensions are 4.70, 4.22, and 6.88, respectively.

Compared to the previous rating, the overall score increased from 6.27 to 6.57, an improvement of 0.30 points. The contribution from management practices rose from 3.35 to 3.58, an increase of 0.23 points. The contribution from controversy events remained stable at 2.99. In terms of dimensions, the environmental dimension improved by 0.86 points, the social dimension decreased by 0.29 points, and the governance dimension increased by 0.12 points.

Rating Observation

In the environmental dimension, the company has demonstrated strong system construction and practical capabilities, particularly in waste management and climate change response, forming a relatively complete management framework. The company has obtained ISO 14001 environmental management system certification, with waste management covering both non-hazardous and hazardous waste disposal, where the total amount of non-hazardous waste is 3,297,519.99 tons and the total amount of hazardous waste is 13.5925 tons. Through the resource utilization of tailings and ecological restoration, the company has significantly reduced new water consumption and wastewater discharge. In the field of climate change, the company has established a three-tier management structure of "board level - management level - execution level," led by the ESG committee to monitor risks and opportunities, and set carbon peak and carbon neutrality goals. Yinman Mining has achieved 30.8% of its electricity supply from clean wind energy by installing a 6.7MW wind turbine, while also reducing greenhouse gas emissions through a biomass heating project. Although some quantitative data on exhaust and water resource issues have been disclosed, there is still room for improvement in the completeness of management goals and systems.

In the social dimension, the company has shown multifaceted efforts in occupational health and safety production as well as community engagement. Occupational health management is based on the "Enterprise Occupational Health Management Measures," establishing a full-process occupational health monitoring mechanism, and ensuring employee safety through dual prevention mechanisms and occupational disease hazard factor detection measures. In 2025, the average response time for extreme low-temperature warnings was 1.2 hours. Safety production investment reached 250.2469 million yuan, accounting for 4.5% of operating income. At the community level, the company adheres to a high proportion of local hiring strategies, with local employees accounting for 85.4%, and promotes local economic development through rural revitalization projects, such as biomass heating renovation projects that promote the development of agricultural and forestry waste recycling and processing industries. Additionally, the company invested 1.155 million yuan in community public welfare, participating in donation, tree planting, and garbage cleaning activities. However, key performance data in the field of occupational health and safety production (such as occupational disease incidence rate, injury rate, etc.) still needs to be improved in disclosure, and information on the community management system is also relatively limited In terms of governance, the company demonstrates a certain level of checks and balances and practical depth in the independence of its board of directors and ESG governance mechanisms. The proportion of independent directors on the board is 36.36%, with an attendance rate of 100%, and no independent director has served for more than 6 years. The company has established a Sustainable Development Committee, with members possessing backgrounds in industry, capital, and law, to promote green mining construction and ESG risk management. The proportion of independent directors on the Audit Committee and the Compensation Committee is both 66.67%, with the chairpersons of the Audit Committee and the Nomination Committee being independent non-executive directors. Additionally, the company has built a smooth complaint and reporting mechanism through a hotline and email, implementing strict confidentiality and avoidance measures. However, the lack of women on the board and in the executive team, as well as the overlap of Compensation Committee members with executives, may pose certain challenges to the diversity and independence of governance.

Content generated by AI on June 9, 2026, please verify important information