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CVTE has continuously received a Wind ESG A rating, with a comprehensive score of 7.60

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On June 2, 2026, CVTE maintained an ESG rating of A with a comprehensive score of 7.60, ranking in the top 7.75% of the industry. Although the total score slightly decreased by 0.18 points compared to the previous period, the company performed outstandingly in climate governance, emission reduction performance, and waste management, while also demonstrating strong R&D innovation capabilities in the social dimension, resulting in overall ESG performance better than the industry average

According to Tongbi Finance, on June 2, 2026, Guangzhou CVTE Technology Co., Ltd. (stock abbreviation: CVTE, code: 002841.SZ) received a Wind ESG rating of A, unchanged from the previous period. The company's comprehensive score is 7.60, higher than the industry average of 5.74 for electronic devices, instruments, and components. It ranks 39th among 503 companies in the electronic devices, instruments, and components industry, placing it in the top 7.75% of the industry. The scores for the environmental, social, and governance dimensions are 4.55, 7.29, and 7.24, respectively.

Compared to the previous rating, the comprehensive score decreased from 7.78 to 7.60, a decline of 0.18 points. The contribution from management practices dropped from 4.78 to 4.60, a decrease of 0.18 points. The contribution from controversy events remained stable at 3.00. In terms of dimensions, the environmental dimension decreased by 1.91 points, the social dimension increased by 0.85 points, and the governance dimension decreased by 0.73 points.

Rating Observation

In the environmental dimension, the company has demonstrated a relatively complete chain from governance structure to emission reduction performance on climate change issues. The company has incorporated climate issues into its overall ESG governance system, establishing a climate governance structure with the board of directors as the highest authority, and has clearly set strategic goals to peak operational carbon emissions by 2030 and achieve operational carbon neutrality by 2050. In terms of specific emission reduction measures, the company reduces approximately 2,335 tons of carbon dioxide emissions annually by deploying photovoltaic power generation systems and energy-saving equipment for intelligent manufacturing, saving about 4.4 million kilowatt-hours of electricity. Additionally, the company has completed the carbon footprint accounting and certification for the entire lifecycle of 26 interactive smart panel products. In waste management, the company has achieved 100% legal and compliant disposal of all waste through ISO 14001:2015 environmental management system certification and has traced the transfer process of hazardous waste through the Guangdong Province solid waste management information platform. However, there is still room for improvement in the disclosure of key performance indicators such as waste recycling rates and wastewater discharge intensity.

In the social dimension, the company has demonstrated strong organizational capability and practical depth in research and development, as well as occupational health and safety production. In terms of R&D, the company has obtained GB/T 29490-2023 intellectual property management system certification, with R&D investment accounting for 6.58% of revenue and the proportion of R&D employees reaching 46.73%. The company holds a total of 9,442 valid patents, forming a complete chain from management system to performance results. Regarding occupational health and safety production, several subsidiaries have completed ISO 45001 occupational health and safety management system certification and have set a "zero safety production accident" goal, while conducting emergency drills for 24 types of scenarios, with over 6,700 participants, further enhancing employees' ability to respond to sudden safety incidents. Additionally, the company has established "three institutes and one station," gathering experienced experts and doctoral talents from both domestic and international backgrounds to promote the construction of an innovative research system. Although the company has some disclosures in the employment and supply chain areas, the completeness of information regarding assistance for struggling employees and the proportion of sustainably certified suppliers still needs to be strengthened In terms of governance, the company has demonstrated certain checks and balances in the independence of the board of directors and anti-corruption management. The proportion of independent directors on the board is 33.33%, and there are no independent directors whose terms exceed 9 years, indicating a degree of independence. Additionally, the company's CEO does not concurrently serve as the chairman, and the chair of the audit committee is an independent non-executive director, with independent directors making up 66.67% of the audit committee. Furthermore, the company supervises anti-corruption efforts through a disciplinary inspection and supervision team, which regularly reports to the board, and the signing rate of the suppliers' "Integrity Commitment" is 100%. However, the overlap of compensation committee members with executives may pose a challenge to the independence of compensation decisions, and the proportion of female executives is 0%, indicating significant room for improvement in diversity.

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