According to Tongbi Finance, on June 9, 2026, Ningbo Joyson Electronics Co., Ltd. (stock abbreviation: Joyson Electronics, code: 600699.SH) was upgraded from A to AA in the Wind ESG rating. The company's overall score is 8.03, higher than the automotive parts industry average of 5.87. It ranks 13th among 262 companies in the automotive parts industry, placing it in the top 4.96% of the industry. The scores for the environmental, social, and governance dimensions are 8.74, 5.75, and 8.03, respectively.

Compared to the previous rating, the overall score increased from 7.63 to 8.03, an improvement of 0.40 points. The score for management practices increased from 4.75 to 5.03, an increase of 0.28 points; the score for controversy events increased from 2.89 to 3.00, an increase of 0.11 points. By dimension, the environmental dimension improved by 0.73 points, the social dimension improved by 0.81 points, and the governance dimension decreased by 0.56 points.

Rating Observation

In the environmental dimension, the company demonstrated comprehensive management and practical capabilities, particularly in establishing a systematic action framework for climate change response and energy management. The company has built a four-tier climate governance structure consisting of the board of directors, the strategy and ESG committee, the ESG working group, and a dedicated sustainable development department, deeply integrating climate-related issues into the ESG governance process. During the reporting period, the company's total greenhouse gas emissions amounted to 266,246.07 tons of carbon dioxide equivalent, with direct emissions (Scope 1) at 45,087.64 tons and indirect emissions (Scope 2, market-based) at 160,915.30 tons. To achieve its core operational carbon neutrality goal by 2040, the company is promoting low-carbon transformation through measures such as increasing the proportion of renewable energy use and electrification. By the end of the reporting period, 18 of the company's factories had obtained ISO 50001 energy management system certification, with renewable energy consumption accounting for 33.91%, and the energy structure optimized through photovoltaic power generation and green power procurement. Additionally, the company has significantly reduced energy consumption intensity through energy-saving renovations and technological upgrades. However, there is still room for improvement in the disclosure of information regarding waste management and raw material usage.

In the social dimension, the company has shown strong organizational capabilities and resource investment in employment and research and innovation. In terms of employment, the company has established a comprehensive compensation and benefits management system, including supplementary medical insurance, paid maternity leave, and nursing rooms, and achieved a score of 3.19 (out of 4) in employee satisfaction surveys, earning the Great Place to Work certification. In research and innovation, the company's R&D investment accounts for 7.22% of operating revenue, with a total of 1,273 effective patents and 701 software copyrights, and R&D personnel accounting for 13.35%. The company has established over 25 R&D centers and 60 production bases and incentivizes innovative talent through systems such as the "Invention Incentive Agreement," enhancing team vitality. Furthermore, the company has developed special management measures against child labor and forced labor, with no related legal violations occurring during the reporting period, reflecting its commitment to employee rights Nevertheless, the disclosure of information in areas such as customer satisfaction and green design still needs to be supplemented.

In terms of governance, the company has a systematic performance in board independence and ESG governance structure. The proportion of independent directors on the board is 40%, with no independent director serving more than 6 years, and an attendance rate of 100%. The company has established a four-tier ESG governance structure, including the board of directors, the strategy and ESG committee, the ESG working group, and a dedicated sustainable development department, and has incorporated some ESG performance indicators into executive compensation assessments, demonstrating a certain level of governance execution. Independent directors account for 66.67% of the audit committee, with the chair held by an independent non-executive director, and convened by accounting professionals. However, the overlap of compensation committee members with executives and the fact that it has only held one meeting may pose some impact on independence. Additionally, the proportion of female directors is 20%, and the proportion of female executives is 25%, indicating room for improvement in gender diversity.

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