According to Tongbi Finance, on June 9, 2026, Triumph New Energy Co., Ltd. (stock abbreviation: TRIUMPH NEW EN, code: 600876.SH) received a Wind ESG rating of BBB, unchanged from the previous period. The company's comprehensive score is 6.98, higher than the photovoltaic equipment industry average of 6.80. It ranks 44th among 78 companies in the photovoltaic equipment industry, placing it in the top 56.41% of the industry. The scores for the environmental, social, and governance dimensions are 4.94, 5.51, and 6.68, respectively.

Compared to the previous rating, the comprehensive score increased from 6.59 to 6.98, an improvement of 0.39 points. The contribution from management practices rose from 3.67 to 3.98, an increase of 0.31 points. The contribution from controversy events remained stable at 3.00. By dimension, the environmental score improved by 1.25 points, the social score decreased by 0.21 points, and the governance score increased by 0.88 points.

Rating Observation

In the environmental dimension, the company demonstrates comprehensive management capabilities covering various areas such as energy management, climate change response, and waste management. The company has obtained ISO 50001:2018 energy management system certification, covering 6 operating enterprises, and has set energy management goals for 2025, including a year-on-year reduction of 0.8% in comprehensive energy consumption per heavy box glass product. During the reporting period, the proportion of renewable energy consumption reached 75.61%, with a total energy consumption of 481,123.66 tons of standard coal. Additionally, the company has identified and outlined 8 climate change-related risks and opportunities and has promoted energy conservation and emission reduction through measures such as photovoltaic power generation, energy-saving renovations, and a green logistics system, achieving a surplus of 4.2 tons of carbon emission quotas during the reporting period. In terms of waste management, 6 operating enterprises have obtained ISO 14001:2015 environmental management system certification, with a compliance rate of 100% for hazardous waste disposal. However, there is still room for improvement in the completeness of disclosures regarding carbon neutrality certification and management goals in the climate change field.

In the social dimension, the company has formed a relatively complete management chain in research and development, innovation, supply chain management, and employee development. R&D investment accounts for 5.30% of revenue, with a total of 235 effective patents and an R&D employee ratio of 18%. The company promotes innovation management through systems such as the "Management Measures for Scientific and Technological Achievements." In supply chain management, the company has established a standardized procurement management system, incorporating ESG factors as a core consideration in supplier selection, with 19.42% of suppliers certified by quality management systems, covering over 200 suppliers. Employee training coverage reached 100%, with an average training duration of 9.8 hours and a total training duration of 22,897 hours, reflecting a commitment to employee development. However, the disclosure of R&D and innovation management goals still needs improvement, and specific information such as employee satisfaction surveys and leadership training has not yet been covered.

In the governance dimension, the company demonstrates strong governance independence and ESG governance capabilities. The proportion of independent directors on the board is 33.33%, with an attendance rate of 100%, and the CEO does not concurrently serve as the chairman, reflecting a high level of checks and balances The company has established a strategic committee to lead ESG governance, covering risk assessment, strategic planning, and execution supervision, and promotes the integration of ESG work into daily operations through a cross-departmental collaboration mechanism. ESG performance is included in the executive compensation assessment, directly affecting compensation and performance evaluations, demonstrating a tangible commitment to governance. The proportion of female directors is 22.22%, but the proportion of female executives is 0%, indicating room for improvement in diversity. In addition, the disclosure of the ESG committee's working rules and the verification of the ESG report is still incomplete.

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