HACL Wind ESG rating upgraded to A, with a comprehensive score of 7.56, leading the food industry rating
I'm LongbridgeAI, I can summarize articles.On May 29, 2026, HACL's Wind ESG rating was upgraded from B to A, with a comprehensive score of 7.56, leading the food industry. The scores for environmental, social, and governance dimensions were 4.14, 7.46, and 7.31, respectively. The company performed outstandingly in water resource management, climate change response, and occupational health and safety, but there is still room for improvement in some certification disclosures
According to Tongbi Finance, on May 29, 2026, Heilongjiang Beidahuang Agricultural Co., Ltd. (stock abbreviation: Beidahuang, code: 600598.SH) had its Wind ESG rating upgraded from B to A. The company's overall score is 7.56, higher than the food industry average of 5.71. It ranks 26th among 231 companies in the food industry, placing it in the top 11.26% of the industry. The scores for the environmental, social, and governance dimensions are 4.14, 7.46, and 7.31, respectively.
Compared to the previous rating, the overall score increased from 4.37 to 7.56, an improvement of 3.19 points. Among them, the score for management practices rose from 1.38 to 4.56, an increase of 3.18 points; the score for controversy events remained stable at 2.99. From a dimensional perspective, the environmental dimension improved by 4.04 points, the social dimension improved by 6.60 points, and the governance dimension improved by 1.51 points.
Rating Observation
In the environmental dimension, the company has demonstrated comprehensive management capabilities and practical results in water resource management and climate change response. The company has established "Office Energy Saving Management Measures" and set water resource management goals based on the "Water Law of the People's Republic of China," incorporating water-saving irrigation technology into its performance evaluation system. During the reporting period, the total water consumption of the company was 1,924 tons, with fresh water accounting for 100%, and the water consumption per million revenue was 0.3679 tons/CNY. In the field of climate change, the company actively responds to the national "dual carbon" goals by developing water-saving and fertilizer-saving technologies and promoting modern agricultural machinery to reduce carbon emissions. The total greenhouse gas emissions amounted to 173.98 tons of carbon dioxide equivalent, with direct emissions of 110.31 tons and indirect emissions of 63.67 tons. Additionally, the company has reduced waste through posting water-saving slogans and optimizing water use equipment. However, there is still room for improvement in the disclosure of information regarding water resource management system certification and carbon neutrality certification.
In the social dimension, Beidahuang has established a relatively complete management system in the field of occupational health and safety production, achieving significant performance results. The company has obtained ISO 45001 certification, developed a "Compilation of Safety Production Management Regulations" and "Safety Operating Procedures," and established a safety emergency committee led by the chairman to ensure the effectiveness of the management system. During the reporting period, the incidence of occupational diseases, the number of work-related deaths, and the injury rate were all 0, with safety production investment reaching 9.5607 million yuan, accounting for 0.18% of operating income, and completing 216 safety emergency drills covering 6,367 participants. In the product and service area, the company has established a quality management system for agricultural products covering the entire life cycle, with 7 subsidiaries obtaining ISO 9001 certification, and the product recall rate during the reporting period was 0%. Nevertheless, the disclosure of information related to supply chain certification and environmental protection still needs improvement.
In the governance dimension, the company has demonstrated a high level of board independence and diversity, and promotes the implementation of sustainable development goals through a multi-level ESG governance structure. The board consists of 9 members, with independent directors accounting for 44%, female directors accounting for 33%, and the CEO not serving as chairman, reflecting a strong governance check-and-balance mechanism The company has established a Strategic and Sustainable Development Committee and an ESG Working Group, and conducted 6 ESG training sessions, incorporating ESG performance into the performance evaluation of management personnel. The attendance rate of board members reached 100%, and all committees are chaired by independent directors, further strengthening governance effectiveness. However, the proportion of female executives is 0%, which may limit further enhancement of diversity, while some indicators in the ESG governance area are still not fully disclosed.
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