China Unicom received a Wind ESG BBB rating, with a comprehensive score of 6.72

According to Tongbi Finance, on June 2, 2026, China United Network Communications Group Co., Ltd. (stock abbreviation: China Unicom, stock code: 600050.SH) received a latest Wind ESG rating of BBB. The company's comprehensive score is 6.72, higher than the average score of 6.68 in the diversified telecommunications services industry. It ranks 11th among 21 companies in the diversified telecommunications services industry, placing it in the top 52.38% of the industry. The scores for the environmental, social, and governance dimensions are 5.16, 4.78, and 6.87, respectively.

Compared to the previous rating, the comprehensive score decreased from 7.09 to 6.72, a decline of 0.37 points. Among them, the contribution from management practices dropped from 4.17 to 3.73, a decrease of 0.44 points; the contribution from controversy events remained stable at 2.99. From a dimensional perspective, the environmental dimension improved by 0.85 points, the social dimension decreased by 1.57 points, and the governance dimension increased by 0.53 points.

Rating Observation

In the environmental dimension, the company has demonstrated comprehensive management capabilities and practical results in climate change response and energy management. The total greenhouse gas emissions disclosed by the company (Scope 1 and Scope 2) amount to 13.82 million tons of CO2 equivalent, with an emission intensity of 35.24 tons of CO2 equivalent per million in revenue, and has set a target to reduce carbon emissions from total telecommunications business volume by 20% by 2025 compared to 2020. In terms of energy management, the total energy consumption of the company is 3.26 million tons of standard coal, with renewable energy consumption accounting for 3.03%, and it has achieved the use of 42 million kilowatt-hours of clean energy through green electricity trading. Additionally, the company has established an energy management center and a carbon data management center through the release of energy-saving and emission-reduction management measures, achieving real-time monitoring of equipment energy consumption and digital management of carbon inventory. In waste management, the company has established a three-tier recycling system, but there is still room for improvement in the proportion of recycled waste and related target planning information.

In the social dimension, the company has provided comprehensive disclosures in research and development innovation and employee diversity management, demonstrating strong innovation-driven capabilities and employee rights protection. The company's R&D investment reached 12.787 billion yuan, accounting for 3.26% of revenue, with the number of R&D employees at 25,536, making up 10.5% of the total workforce, and it holds a total of 1,963 valid patents and 9,293 software copyrights. Meanwhile, the company promotes R&D capability building through a technology innovation leadership group and a technology committee, and has led the completion of 9 international standard projects. In terms of employment, the total number of employees is 237,251, with a female employee ratio of 38.17% and a minority employee ratio of 7.20%, and the employee turnover rate is only 1.76%. Additionally, the company has established a diversity management policy and a comprehensive compensation and benefits protection system, but information on employee satisfaction surveys and equity incentives has not yet been disclosed.

In the governance dimension, the company has demonstrated strong structural checks and balances in board independence and ESG governance mechanisms. The proportion of independent directors on the board is 41.67%, with no term exceeding 6 years, and no independent director serving on more than 3 listed companies, achieving a 100% attendance rate The company has established a three-tier ESG governance structure, with the board of directors fully responsible for strategy formulation and supervision, incorporating core ESG issues such as green low-carbon and technological innovation into the executive compensation incentive mechanism. However, the proportion of female directors is 0%, and the proportion of female executives is only 14.29%, with the CEO position vacant, which may pose certain challenges to the sustainability of diversity and leadership. At the same time, information disclosure in areas such as the working rules of the ESG committee and stakeholder communication still needs improvement.

Content generated by AI on June 2, 2026, please verify important information