Easpring Technology has continuously received a Wind ESG AA rating, with a comprehensive score of 8.84

Rating Dynamics

On May 28, 2026, Beijing Easpring Materials Technology Co., Ltd. (stock abbreviation: Easpring, code: 300073.SZ) received a Wind ESG rating of AA, unchanged from the previous period. The company's overall score is 8.84, higher than the diversified chemical III industry average of 6.29. It ranks 2nd among 169 companies in the diversified chemical III industry, placing it in the top 1.18% of the industry. The scores for the environmental, social, and governance dimensions are 8.38, 8.21, and 8.47, respectively.

Compared to the previous rating, the overall score increased from 8.46 to 8.84, an improvement of 0.38 points. The contribution from management practices rose from 5.47 to 5.84, an increase of 0.37 points. The contribution from controversy events remained stable at 2.99. In terms of dimensions, the environmental dimension improved by 0.31 points, the social dimension decreased by 0.26 points, and the governance dimension increased by 1.84 points.

Rating Observation

In the environmental dimension, the company demonstrated a systematic capability from climate change management to waste gas and wastewater treatment, forming a relatively complete environmental governance chain. In the field of climate change, the company established a management system centered on the dual carbon work leadership group, covering four special working groups: carbon accounting, carbon reduction, low-carbon products, and carbon assets, and ensured the professionalism of carbon management through ISO 14064 and ISO 14067 certification. During the reporting period, the total power generation of photovoltaic facilities reached 11,111.92 MWh, reducing carbon emissions by 7,027.96 tons, while launching a 6.5 MW distributed photovoltaic project, expected to reduce carbon dioxide emissions by approximately 6,715.50 tons annually. Additionally, the company set a target to reduce operational carbon emissions by 42% by 2030 compared to 2023, optimizing the path through a phased carbon reduction work plan. In terms of waste gas treatment, the company constructed a full-process system of "source reduction - process control - end treatment" through ISO 14001 environmental management system certification, with emissions of nitrogen oxides, sulfur dioxide, and particulate matter significantly lower than annual targets. There has also been some progress in wastewater and waste management, but there is still room for improvement in the completeness of information disclosure in the water resource management field.

In the social dimension, the company performed outstandingly in occupational health and safety production as well as research and development innovation. In the field of safety production, all major production bases of the company have passed ISO 45001:2018 occupational health and safety management system certification and established a safety production responsibility system covering all employees and a hidden danger investigation mechanism. During the reporting period, the incidence of occupational diseases and work-related deaths was zero, with an injury rate of 0.17%, and the total duration of safety training reached 62,796.5 hours. The company also formulated a three-year safety governance action plan for 2024-2026, aimed at comprehensively enhancing safety production governance capabilities. In terms of research and development innovation, the company's R&D investment accounted for 4.68% of revenue, the proportion of R&D employees reached 25.03%, the total number of effective patents was 447, and it led the preparation of 20 national standards, demonstrating strong technological innovation capabilities However, the disclosure in the product and service areas is relatively brief and has not formed a complete narrative chain.

In terms of governance, the company demonstrates a strong structural checks and balances mechanism and ESG governance capability. The proportion of independent directors on the board is 33.33%, and no independent director has served for more than 6 years, indicating a certain level of independence and rotation mechanism. The company has established an ESG governance structure that includes the decision-making level, management level, and execution level. The board's strategy and sustainability committee is responsible for the overall construction of the ESG management system and incorporates at least three quantitative ESG indicators, such as major safety incidents, quality incidents, and compliance events, into the executive compensation assessment, accounting for 5% of the total assessment. In addition, the attendance rate of board members reaches 100%, and the proportion of independent directors on the audit committee is 66.67%, further enhancing the independence of governance. However, the proportion of female executives is 0, indicating significant room for improvement in gender diversity. Meanwhile, the board and executive team have participated in ESG specialized training, demonstrating a high level of attention to sustainable development strategies