--- title: "SHANXI FEN WINE's Wind ESG rating upgraded to A, with a comprehensive score of 7.01, leading the beverage industry rating" type: "News" locale: "en" url: "https://longbridge.com/en/news/289158636.md" description: "On June 9, 2026, SHANXI FEN WINE's Wind ESG rating was upgraded from BBB to A, with a comprehensive score of 7.01, higher than the industry average for beverages. It ranked 23rd among 59 peer companies. The governance dimension saw a significant improvement, reaching 7.17 points; the social dimension increased to 5.71 points; while the environmental dimension slightly decreased to 4.01 points. The company performed outstandingly in water resource management, zero-carbon goals, and employee welfare, but the disclosure of biodiversity information remains insufficient" datetime: "2026-06-09T08:30:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289158636.md) - [en](https://longbridge.com/en/news/289158636.md) - [zh-HK](https://longbridge.com/zh-HK/news/289158636.md) generator: "portal-rs" --- # SHANXI FEN WINE's Wind ESG rating upgraded to A, with a comprehensive score of 7.01, leading the beverage industry rating According to Tongbi Finance, on June 9, 2026, Shanxi Xinghuacun Fenjiu Distillery Co., Ltd. (stock abbreviation: Shanxi Fenjiu, code: 600809.SH) was upgraded from BBB to A in the Wind ESG rating. The company's overall score is 7.01, higher than the beverage industry average of 6.37. It ranks 23rd among 59 companies in the beverage industry, placing it in the top 38.98% of the industry. The scores for the environmental, social, and governance dimensions are 4.01, 5.71, and 7.17, respectively. Compared to the previous rating, the overall score increased from 6.32 to 7.01, an improvement of 0.69 points. The contribution from management practices rose from 3.32 to 4.01, also an increase of 0.69 points. The contribution from controversy events remained stable at 3.00. In terms of dimensions, the environmental dimension decreased by 0.15 points, the social dimension increased by 0.77 points, and the governance dimension improved by 2.24 points. ## Rating Observation In the environmental dimension, the company has established a relatively systematic practice framework around water resource management and climate change response. Regarding water resources, the company has built a three-level management system of "company—branch—workshop" and strengthened compliance foundations through the renewal of water extraction permits, achieving an annual water recycling and reuse rate of 33.79%, with total recycled water exceeding 2.1 million tons. In the field of climate change, the company has set a long-term goal of achieving zero-carbon Fenjiu by 2060 and is promoting low-carbon transformation through green electricity procurement and energy-saving technology upgrades, having purchased a total of 41,710 green power certificates in the year, equivalent to 41,710 megawatt-hours of green electricity. Additionally, the company conducts carbon footprint accounting for its liquor products throughout their life cycle, establishing data management procedures based on third-party certification to provide scientific support for low-carbon process upgrades. However, the disclosure of information related to biodiversity and raw material management remains insufficient, failing to form a complete management signal. In the social dimension, the company demonstrates comprehensive capabilities from employee diversity management to occupational health and safety production. In terms of employment, the company has established a scientific recruitment system to eliminate employment discrimination and covers multiple aspects of employee work and life through its compensation and benefits management system, including corporate annuities, health check-ups, and paid annual leave, while providing special care for female employees. The total number of employees is 14,026, with a female employee ratio of 28.75%, and the average salary reaches 253,900 yuan, with a turnover rate of only 0.01%. In terms of occupational health and safety production, the company has achieved re-certification of its occupational health and safety management system, establishing a standardized control system throughout the process, with both the incidence and number of occupational diseases being zero. In the training field, the company has achieved a 100% employee training coverage rate, with a total investment of 14.0628 million yuan and an average training duration of 0.675 hours, covering core areas such as brewing technology and quality management. However, there is still room for improvement in the disclosure of information related to labor protection in the supply chain and environmental protection. In the governance dimension, the company has demonstrated a certain balance mechanism in terms of board independence and ESG governance structure. The proportion of independent directors on the board is 36.36%, with no independent director serving for more than 6 years, and all independent directors do not serve as independent directors in more than 3 listed companies The company has a three-tier ESG governance structure, including the board of directors, the ESG management committee, and the ESG execution team, which are respectively responsible for policy assessment, risk supervision, strategic approval, and specific execution. In addition, the independent director ratio of the audit committee is 75%, and the independent director ratio of the compensation committee is 100%, with a board member attendance rate of 100%. However, the proportion of female directors is only 9.09%, and there is no disclosure of information linking ESG performance to executive compensation, which may limit the further deepening of diversity and ESG governance. Content generated by AI on June 9, 2026, please verify important information ### Related Stocks - [600809.CN](https://longbridge.com/en/quote/600809.CN.md) ## Related News & Research - [Treasury Bars Scammy ESG Funds From Trump Accounts, Citing Left-Wing 'Political Activism' Concerns](https://longbridge.com/en/news/296688032.md) - [China Resources Beer (Holdings) (SEHK:291) Reported Higher Sales But Lower Profit, Is The Stock Expensive?](https://longbridge.com/en/news/296739767.md) - [ESG: Revenue and order intake fell, guidance was cut, and urgent funding is needed amid restructuring](https://longbridge.com/en/news/296794336.md) - [Ser Educacional: Major Brazilian education group with strong growth, robust financials, and leading ESG practices](https://longbridge.com/en/news/296542016.md) - [Beijing Joy Capital announces availability of 2025 ESG and Sustainability Report](https://longbridge.com/en/news/296583354.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**