SHAHE INDUSTRY's Wind ESG rating has been upgraded from BB to BBB, with a comprehensive score of 6.55

According to Tongbi Finance, on May 29, 2026, Shahe Industrial Co., Ltd. (stock abbreviation: Shahe Co., Ltd., code: 000014.SZ) had its Wind ESG rating upgraded from BB to BBB. The company's overall score is 6.55, higher than the real estate development industry average of 5.99. It ranks 55th among 171 companies in the real estate development industry, placing it in the top 32.16%. The scores for the environmental, social, and governance dimensions are 3.49, 5.88, and 6.69, respectively.

Compared to the previous rating, the overall score increased from 5.68 to 6.55, an improvement of 0.87 points. The contribution from management practices rose from 2.68 to 3.60, an increase of 0.92 points. The contribution from controversy events remained stable at 2.94. By dimension, the environmental dimension improved by 0.84 points, the social dimension improved by 1.65 points, and the governance dimension improved by 1.69 points.

Rating Observation

In the environmental dimension, the company demonstrated a relatively complete climate change management chain, from quantifying greenhouse gas emissions to green construction practices, forming a multi-layered signal of management, practice, and performance. The total greenhouse gas emissions for Scope 1 and Scope 2 amounted to 7,952.49 tons of carbon dioxide equivalent, with direct emissions accounting for 7,468.28 tons and indirect emissions for 484.21 tons. In response to the "Carbon Peak Action Plan Before 2030," the company established greenhouse gas emission control standards and optimized carbon emission management through external assessments. In terms of energy management, the total energy consumption of the company was 4,446.08 tons of standard coal, and it improved energy efficiency through measures such as heat pump technology and solar lighting, while also adopting energy-saving technologies and clean energy materials in green construction to promote the clean transformation of energy. The company has also made certain practices in green building, water resource, and waste management, but there is still room for improvement in information disclosure in areas such as carbon neutrality certification and energy management system certification.

In the social dimension, the company has shown strong management system construction and practical capabilities in customer service and occupational health. The customer service system, centered on the "Customer Service Management Measures," covers full-cycle service standards, achieving a 100% customer complaint resolution rate, and enhancing customer satisfaction through key node communication and family letter push measures. In the field of occupational health and safety production, the company has set management goals of "zero accidents, zero injuries, and zero pollution," established a safety production responsibility system for all employees, and solidified responsibilities through signing the "Safety Production Target Responsibility Letter." The safety hazard rectification rate reached 100%, and regular occupational health checks are organized to dynamically track employee health status. Additionally, the company disclosed data on the proportion of female employees and welfare measures in the employment field, but there is still room for improvement in the completeness of information on key performance indicators such as customer satisfaction and occupational disease incidence.

In the governance dimension, the company has demonstrated certain checks and balances and diversification characteristics, but there are also structural deficiencies. The proportion of independent directors on the board is 37.5%, and there are no independent directors with a tenure exceeding 6 years, indicating a certain level of independence and rotation mechanism. The attendance rate of board members reached 100%, with female directors accounting for 50%, but the proportion of female executives is 0%, reflecting the disparity between the board's diversification layout and the gender structure of the executive team The proportion of independent directors on the audit committee is 66.67%, with the chairman being an independent non-executive director, and the convener being an accounting professional, reflecting the professionalism and independence of audit supervision. However, the dual role of the CEO as chairman may affect the independence of the board, and the disclosure of information related to ESG governance structure and executive compensation linkage mechanisms is still insufficient, warranting further attention.

Content generated by AI on May 29, 2026, please verify important information