---
title: "LK Wind ESG rating maintained at BB, overall score 4.87"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288563590.md"
description: "On June 2, 2026, LK's Wind ESG rating remained at BB, with a composite score of 4.87, below the industry average. It ranked 12th among 13 peers. The scores for environmental, social, and governance dimensions were 3.20, 4.64, and 6.54, respectively. Compared to the previous period, the composite score decreased by 0.13 points, but the contribution from management practices improved, while the contribution from controversial events declined"
datetime: "2026-06-03T11:00:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288563590.md)
  - [en](https://longbridge.com/en/news/288563590.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288563590.md)
generator: "portal-rs"
---

# LK Wind ESG rating maintained at BB, overall score 4.87

According to Tongbi Finance, on June 2, 2026, Fujian Longking Environmental Protection Co., Ltd. (stock abbreviation: Longking Environmental Protection, code: 600388.SH) received a Wind ESG rating of BB, unchanged from the previous period. The company's overall score is 4.87, lower than the industry average of 6.48 in the environmental protection equipment sector. Among 13 companies in the environmental protection equipment industry, it ranks 12th, placing it in the lower segment of the industry (92.31 percentile). The scores for the environmental, social, and governance dimensions are 3.20, 4.64, and 6.54, respectively.

Compared to the previous rating, the overall score decreased from 5.00 to 4.87, a drop of 0.13 points. The contribution from management practices increased from 2.67 to 3.38, an increase of 0.71 points; the contribution from controversy events decreased from 2.33 to 1.49, a decrease of 0.84 points. In terms of dimensions, the environmental dimension improved by 2.08 points, the social dimension improved by 0.34 points, and the governance dimension improved by 1.17 points.

## Rating Observation

In the environmental dimension, the company provided relatively detailed quantitative data on waste management and demonstrated certain management capabilities through relevant management system certifications. Specifically, the total amount of non-hazardous waste generated by the company is 123,775.90 tons, with a corresponding non-hazardous waste amount of 1,042.55 tons per 100 million in revenue; the total amount of hazardous waste is 23,623.84 tons, with a corresponding hazardous waste amount of 198.98 tons per 100 million in revenue. Additionally, the company has obtained certifications for quality, environmental, and occupational health and safety management systems. However, disclosures in key areas such as total and proportion of waste recycling, management goals, and planning remain insufficient. At the same time, disclosures on climate change and environmental management issues are relatively scarce, failing to form a complete management and performance signal.

In the social dimension, the company has demonstrated strong management capabilities and practical results in research and development as well as occupational health and safety production. In terms of R&D, the company's R&D investment reached 464.11 million yuan, accounting for 3.91% of operating revenue, with a proportion of R&D personnel at 19.34%. The company holds a total of 1,617 valid patents and 182 software copyrights, with an effective patent count of 13.61 per 100 million in revenue, reflecting a high capability for converting innovative results. In terms of safety production, the company has obtained certifications for quality, environmental, and occupational health and safety management systems and invested 41.25 million yuan in safety production, accounting for 0.35% of operating revenue. Furthermore, the company regularly conducts occupational health and safety training, covering over 1,100 engineering project managers and frontline employees. However, there are still gaps in the disclosure of performance data such as injury rates and occupational disease incidence rates, and information on employee satisfaction surveys and performance feedback mechanisms in employment issues also needs to be supplemented.

In the governance dimension, the company has relatively systematic disclosures regarding the independence of the board of directors and audit mechanisms, but there is still room for improvement in diversity and professionalism. The proportion of independent directors on the board is 33.33%, with none serving terms exceeding 6 years, and an attendance rate of 100%, indicating a certain level of independence and participation. The CEO does not concurrently serve as the chairman, reflecting a balance of power between management and the board The proportion of independent directors on the audit committee is 66.67%, but the chairman is not an independent non-executive director, and the convener is also not an accounting professional. In addition, the proportion of female directors is 16.67%, but the proportion of female executives is 0%, indicating that the company still has significant room for improvement in gender diversity. At the same time, the disclosure of the ESG governance structure and information related to anti-corruption has not yet been extracted into specific content.

Content generated by AI on June 3, 2026, please verify important information

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**