According to Tongbi Finance, on June 9, 2026, Shaanxi Baoguang Vacuum Electric Co., Ltd. (stock abbreviation: Baoguang Co., Ltd., code: 600379.SH) received a Wind ESG rating of A, unchanged from the previous period. The company's comprehensive score is 7.80, higher than the industry average of 6.04 in the electrical components and equipment sector. It ranks 26th among 296 companies in the electrical components and equipment industry, placing it in the top 8.78% of the industry. The scores for the environmental, social, and governance dimensions are 5.30, 7.82, and 7.06, respectively.

Compared to the previous rating, the comprehensive score increased from 7.52 to 7.80, an improvement of 0.28 points. Among these, the contribution from management practices rose from 4.52 to 4.79, an increase of 0.27 points; the contribution from controversy events remained stable at 3.00. From a dimensional perspective, the environmental dimension decreased by 0.67 points, while the social dimension increased by 1.14 points, and the governance dimension increased by 0.36 points.

Rating Observation

In the environmental dimension, the company has demonstrated comprehensive management capabilities and practical results in waste management and climate change response. The company has passed the ISO 14001 environmental management system certification and has established the "Solid Waste Disposal Management Measures" and "Hazardous Waste Management Measures," forming a closed-loop management system to ensure compliant disposal of waste. During the reporting period, the total amount of non-hazardous waste generated by the company was 895.34 tons, and the total amount of hazardous waste was 315.18 tons, achieving standardized management through classified storage and third-party processing. In terms of climate change response, the company implemented the "Baoguang Schneider Distributed Rooftop Photovoltaic Project," generating 523,800 kWh of photovoltaic power throughout the year, reducing carbon dioxide emissions by 281 tons, and released the "Medium and Long-term Development Plan for Green Manufacturing System Construction," clarifying the path for green and low-carbon transformation. The company has also passed the ISO 50001 energy management system certification and has taken measures to reduce the use of packaging materials. However, there is still room for improvement in detailed disclosures such as the proportion of waste recycling and quantitative analysis of climate change risks.

In the social dimension, the company has shown strong management capabilities and practical results in research and development, innovation, and occupational health and safety production. The company's R&D investment accounts for 3.95% of operating income, with the proportion of R&D employees reaching 19.01%. It has accumulated 200 valid patents and 34 software copyrights and has established multiple national and provincial R&D platforms, such as the "National Local Joint Engineering Research Center for Vacuum Electric Technology," further strengthening its technological leadership. In terms of occupational health and safety production, the company has passed the ISO 45001 occupational health and safety management system certification, with an incidence rate of occupational diseases, work-related injuries, and work-related fatalities all at 0. Safety production investment reached 4.1321 million yuan, and a safety production committee has been established to ensure the efficient operation of the management system. Additionally, 41% of the suppliers in the company's supply chain have passed sustainability certification, but information disclosure in areas such as environmental protection and conflict minerals still needs improvement In terms of governance, the company demonstrates strong norms and execution in board independence and ESG governance mechanisms. The proportion of independent directors on the board is 42.86%, with a member attendance rate of 100%. The proportion of independent directors on the audit committee is 66.67%, and the chair is an independent non-executive director. The company has established a three-tier ESG governance structure, with the board overseeing it, the Strategy and ESG Management Committee providing professional guidance, and the ESG Working Group advancing specific initiatives, incorporating ESG performance into executive performance evaluations. The proportion of female directors is 14.29%, and the proportion of female executives is 16.67%, indicating room for improvement in gender diversity. Additionally, the company achieves a 100% coverage rate through anti-corruption training, further strengthening clean governance. The specific mechanism linking board effectiveness assessments and ESG performance to executive compensation has not yet been disclosed.

Content generated by AI on June 9, 2026, please verify important information