According to Tongbi Finance, on June 9, 2026, Jiangsu Yangnong Chemical Co., Ltd. (stock abbreviation: Yangnong Chemical, code: 600486.SH) had its Wind ESG rating upgraded from A to AA. The company's overall score is 8.12, higher than the agricultural chemical industry average of 6.33. It ranks 13th among 72 companies in the agricultural chemical industry, placing it in the top 18.06% of the industry. The scores for the environmental, social, and governance dimensions are 6.89, 7.29, and 7.96, respectively.

Compared to the previous rating, the overall score increased from 7.87 to 8.12, an improvement of 0.25 points. The contribution from management practices rose from 4.87 to 5.12, also an increase of 0.25 points. The contribution from controversy events remained stable at 3.00. In terms of dimensions, the environmental dimension improved by 0.20 points, the social dimension decreased by 0.62 points, and the governance dimension increased by 1.66 points.

Rating Observation

In the environmental dimension, the company demonstrated multi-level management capabilities from certification coverage to technology application, particularly in waste gas treatment and climate change response. The company has obtained ISO 14001 environmental management system certification, achieving full coverage for its headquarters and production subsidiaries, and has established regulations such as the "Atmospheric Pollution Prevention and Control Management Standards." In waste gas treatment, the company employs a model combining quality-based collection and pre-treatment with end-stage RTO deep processing, achieving a volatile organic compounds (VOC) treatment efficiency of over 99%, with an annual emission of 39.99 tons. In the field of climate change, the company has established a four-level vertical control structure and formulated the "14th Five-Year Plan for Energy Conservation and Low Carbon" and the "Implementation Path for 'Dual Carbon' Work," with total greenhouse gas emissions (Scope 1 and Scope 2) amounting to 1.3266 million tons of carbon dioxide equivalent. Additionally, Jiangsu Youke has become the company's first production base to achieve annual "zero carbon" emissions, marking progress in low-carbon production practices. The company also demonstrates high compliance and resource utilization levels in wastewater, waste, and water resource management. However, specific planning information regarding the management goals for waste gas, wastewater, and waste still needs further disclosure.

In the social dimension, the company exhibits a relatively comprehensive management system and performance data in occupational health and safety production as well as employment issues. The company and its production subsidiaries have all obtained ISO 45001 occupational health and safety management system certification and have continuously passed supervisory audits. In the field of occupational health, the company has achieved a zero incidence rate of occupational diseases and major accidents, with safety training totaling 134,900 hours and safety production investment reaching 45.0292 million yuan, accounting for 0.38% of operating income. Regarding employment, the total number of employees is 3,823, with a female employee ratio of 17.89%, a minority employee ratio of 7%, an average salary of 262,300 yuan, and an average revenue per person of 3.105 million yuan. The company has also enhanced employee welfare and equity through salary reforms and diversified management systems. However, there is still room for improvement in the completeness of information regarding certain performance indicators, such as the injury rate In terms of governance, the company demonstrates a strong structural checks and balances mechanism and ESG governance capability. The proportion of independent directors on the board is 33.33%, with an attendance rate of 100%, and there are no independent directors whose tenure exceeds 6 years or 9 years. The company has established a three-tier ESG governance structure composed of decision-making, governance, and execution levels, and has adjusted the original strategic committee to the Strategy and Sustainability Committee, adding ESG-related responsibilities. At the same time, the company links ESG management to executive compensation to ensure the implementation of sustainable development goals. The proportion of female directors is 11.11%, but the proportion of female executives is 0%, indicating room for improvement in gender diversity. In addition, the disclosure of some ESG governance details and training-related information is still incomplete, which may affect further transparency enhancement.

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