BEST received its first Wind ESG rating, rated A, with a comprehensive score of 7.44

According to Tongbi Finance, on May 29, 2026, Beijing BEST Semiconductor Technology Co., Ltd. (stock abbreviation: BEST, code: 688729.SH) was first included in the Wind ESG rating and received an A rating. The company's overall score is 7.44, higher than the average score of 6.64 in the semiconductor materials and equipment industry. It ranks 18th among 51 companies in the industry, placing it in the top 35.29%. The scores for the environmental, social, and governance dimensions are 4.87, 6.21, and 7.46, respectively.

As this is the company's first inclusion in the rating results, the overall score, dimension performance, and industry ranking will serve as important benchmarks for tracking changes in its ESG performance in the future.

Rating Observation

In the environmental dimension, the company has demonstrated a relatively comprehensive capability from management systems to specific practices, especially in climate change and energy management. The company conducts climate change-related work through a three-tier management structure, with the board of directors serving as the highest supervisory body, and the sustainable development management committee responsible for formulating strategic guidelines and reviewing major matters. The total greenhouse gas emissions (Scope 1 and Scope 2) amount to 18,300 tons of carbon dioxide equivalent, with direct emissions of 2,000 tons and indirect emissions of 16,300 tons, resulting in a total greenhouse gas emission of 3.605 tons of carbon dioxide equivalent per million in revenue. In terms of energy management, the German subsidiary has achieved a renewable energy usage ratio of 36% through the purchase of green electricity and green power certificates, and is exploring the construction of photovoltaic facilities on-site to increase the self-sufficiency rate of green electricity. Additionally, the company implemented 11 energy-saving projects in 2025, saving a total of 1.5808 million yuan in energy costs, including measures such as optimizing air conditioning system operating parameters and using waste heat from chillers to replace gas boilers. However, the disclosure of performance data on waste management remains insufficient, as key indicators such as waste generation per hundred million in revenue and recycling rates have not been provided, indicating that there is still room for improvement in the completeness of disclosures in this area in the future.

In the social dimension, the company has demonstrated strong organizational capabilities and performance in research and development, innovation, and occupational health and safety. The company has established a product development organizational structure based on a matrix agile collaboration model and has formulated systems such as the "Product R&D Process" and "Process Development and Design Procedures" to ensure that R&D directions align with market demands. In 2025, the company's R&D investment reached 738.5975 million yuan, accounting for 14.55% of operating revenue, with a proportion of R&D employees at 31.26%, and a total of 118 effective patents. In terms of occupational health and safety, the company has obtained ISO 45001 certification for its occupational health and safety management system, covering multiple countries and regions, and has achieved zero work-related deaths through annual goals, with no serious injuries or above occurring throughout the year, and a total of 145 workdays lost due to work-related injuries. The company also conducts occupational health and safety training at least once a month, covering a total of 3,889 employee instances in 2025. However, there is still room for improvement in the disclosure of performance data such as injury rates and occupational disease incidence rates 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 42.86%, and there are no independent directors whose tenure exceeds 6 years, indicating strong independence and a rotation mechanism. The attendance rate of board members reaches 100%, with no members attending less than 75% of meetings, reflecting high participation and a sense of responsibility. The company has established a three-tier ESG governance structure, consisting of the board of directors, the Sustainable Development Management Committee, and various departments and subsidiaries, ensuring that the governance system is comprehensive and effectively implemented. Additionally, the company links safety production performance with the occurrence of responsibility accidents, incorporating it into the executive compensation assessment system to strengthen accountability. Furthermore, the proportion of female directors is 42.86%, and the proportion of female executives is 20%, indicating a certain level of gender diversity. However, the overlap of members in the compensation committee and executive members may pose a challenge to independence and warrants further observation.

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