--- title: "MA Steel's Wind ESG rating upgraded to AA, with a comprehensive score of 8.17, leading the steel III industry rating" type: "News" locale: "en" url: "https://longbridge.com/en/news/288563501.md" description: "On June 2, 2026, MAANSHAN IRON's Wind ESG rating was upgraded from A to AA, with a comprehensive score of 8.17, ranking in the top 7.14% of the steel industry III. The scores in the environmental and governance dimensions have significantly improved, particularly in energy management and carbon reduction targets; the social dimension saw a slight decline. The company has been recognized for the completeness of its ESG disclosures and the construction of its management system, but the completeness of some certification information still needs to be improved" datetime: "2026-06-03T11:00:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288563501.md) - [en](https://longbridge.com/en/news/288563501.md) - [zh-HK](https://longbridge.com/zh-HK/news/288563501.md) generator: "portal-rs" --- # MA Steel's Wind ESG rating upgraded to AA, with a comprehensive score of 8.17, leading the steel III industry rating According to Tongbi Finance, on June 2, 2026, Maanshan Iron & Steel Company Limited (stock abbreviation: MAS C.L., code: 600808.SH) had its Wind ESG rating upgraded from A to AA. The company's comprehensive score is 8.17, higher than the steel III industry average of 6.71 points. It ranks 5th among 70 companies in the steel III industry, placing it in the top 7.14% of the industry. The scores for the environmental, social, and governance dimensions are 7.26, 7.31, and 7.70, respectively. Compared to the previous rating, the comprehensive score increased from 7.93 to 8.17, an improvement of 0.24 points. The contribution from management practices rose from 4.95 to 5.17, an increase of 0.22 points. The contribution from controversy events remained stable at 3.00. In terms of dimensions, the environmental dimension improved by 0.50 points, the social dimension decreased by 0.18 points, and the governance dimension increased by 0.86 points. ## Rating Observation In the environmental dimension, the company demonstrated a high level of disclosure integrity, particularly in energy management and climate change response, having established a multi-level framework from management systems to technical practices. The company revised its "Energy Conservation and Consumption Reduction Management Procedures" and "Energy Measurement Management Standards," and established a three-tier management structure of "Decision-Making Level - Management Level - Execution Level" through the Energy and Environmental Protection Committee to promote the standardization and informatization of energy management. During the reporting period, the comprehensive energy consumption per ton of steel was 574.45 kg of standard coal/ton, below the target value of 578 kg of standard coal/ton; the proportion of renewable energy consumption was 0.85%, and the total amount of green electricity transactions reached 698 million kilowatt-hours. In terms of climate change response, the company used scenario analysis methods to assess risks and set targets for a 30% reduction in carbon emissions by 2035 and achieving carbon neutrality by 2050 through measures such as technological carbon reduction, energy transition, and green financing. Additionally, the company has made certain achievements in waste gas treatment and water resource management, with sulfur dioxide and nitrogen oxide emissions both below target values, and a water recycling and reuse rate of 98.05%. However, there is still room for improvement in the information integrity of energy management system certification and water resource management system certification. In the social dimension, the company demonstrated comprehensive management capabilities and practical results in employment and occupational health and safety production. The company has established multiple management systems covering anti-discrimination, compensation and benefits, and child labor prohibition, and ensures equal employment and legal employment through employee rights protection mechanisms. The employee turnover rate is only 0.3%, and the average salary per employee is 215,500 yuan, indicating high employee stability and production efficiency. In terms of occupational health and safety production, the company has established a safety production management network covering the entire group through ISO 45001 certification, with an annual occupational disease incidence rate of 0% and an injury rate of 0.0238%. Furthermore, the total safety training hours for the year reached 473,476 hours, with an average training duration of 28.22 hours per person, covering all employees and conducting specialized training for different positions. Nevertheless, the information disclosure in the supply chain certification and R&D innovation management areas still needs improvement In terms of governance, the company demonstrates a strong structural checks and balances mechanism and governance measures, particularly reflecting high independence and professionalism in the composition of the board of directors and the audit committee. The proportion of independent directors on the board is 66.67%, and there are no independent directors whose tenure exceeds 6 years or 9 years. The audit committee is composed entirely of independent directors, with the chair being an independent non-executive director with an accounting background. The audit committee reviews the internal control work summary and comprehensive risk management report annually, supervises the company's internal audit function, and assesses the operation of the governance framework. The attendance rate of board members reaches 100%, with female executives accounting for 50%, but the proportion of female directors is only 16.67%. It is noteworthy that the dissent rate for shareholder meeting proposals is as high as 56.03%, reflecting significant differences of opinion among shareholders, which may pose certain challenges to governance stability. Content generated by AI on June 3, 2026, please verify important information ### Related Stocks - [00323.HK](https://longbridge.com/en/quote/00323.HK.md) - [600808.CN](https://longbridge.com/en/quote/600808.CN.md) ## Related News & Research - [Maanshan Iron & Steel Sees Narrower Interim Loss Amid Sector Headwinds and Investment Hit](https://longbridge.com/en/news/292622652.md) - [REFILE-China July iron ore imports slide from June as thinning steel margins curb appetite](https://longbridge.com/en/news/296576258.md) - [Shanghai Refire Group schedules board meeting to review interim results](https://longbridge.com/en/news/296198492.md) - [Analyst Sees Tamarack Valley’s Clearwater Assets and Net Cash Position Powering 10% Production Growth and Potential Re-Rating](https://longbridge.com/en/news/296174078.md) - [Household energy bills expected to jump to three-year high in October](https://longbridge.com/en/news/296324151.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**