According to Tongbi Finance, on June 5, 2026, China Coal Energy Company Limited (stock abbreviation: China Coal Energy, code: 601898.SH) received a Wind ESG rating of A, unchanged from the previous period. The company's comprehensive score is 7.30, higher than the coal III industry average of 6.18 points. It ranks 5th among 55 companies in the coal III industry, placing it in the top 9.09% of the industry. The scores for the environmental, social, and governance dimensions are 5.42, 6.62, and 6.83, respectively.

Compared to the previous rating, the comprehensive score decreased from 7.79 to 7.30, a drop of 0.49 points. The contribution from management practices fell from 4.79 to 4.33, a decrease of 0.46 points. The contribution from controversy events remained stable at 2.97. By dimension, the environmental score decreased by 0.51 points, the social score decreased by 1.20 points, and the governance score decreased by 0.13 points.

Rating Observation

In the environmental dimension, the company has demonstrated a systematic capability in climate change management and achieved significant results in waste management. The company has established a three-tier carbon emission management system and published the "Interim Measures for Carbon Emission Management," clarifying organizational responsibilities and data management requirements, while also incorporating climate-related indicators into the performance evaluation of senior management. The total greenhouse gas emissions amount to 49.05 million tons of CO2 equivalent, with direct emissions accounting for 39.93 million tons and indirect emissions for 9.12 million tons. The company plans to achieve peak carbon emissions by 2030 and contribute to the national carbon neutrality goal by 2060 through optimizing industrial layout and green technology innovation. In terms of waste management, the comprehensive utilization rate of coal gangue has reached 98.5%, exceeding the 90% target, and a closed-loop management system covering storage, accounts, transfer, and disposal has been established. Additionally, the comprehensive utilization rate of mine water has reached 97.8%, close to the wastewater management target. However, there is still room for improvement in the certification and target planning information of the air and water resource management systems.

In the social dimension, the company has built a relatively comprehensive management and practice system in occupational health and safety production, but there is still room for improvement in safety performance. The company has established a safety production committee co-led by the chairman and president, formulating safety strategies and overseeing their implementation, while reinforcing the safety production responsibility system through multiple regulations. During the reporting period, the number of work-related fatalities was 5, and the number of workdays lost due to work-related injuries was 6,923 days, with safety production investment reaching 48.8199 million yuan, accounting for 3.30% of operating income. The company has developed 3,213 emergency plans and conducted 3,582 emergency drills, enhancing emergency response capabilities through intelligent control systems and artificial intelligence technology. Regarding employment issues, the total number of employees is 46,585, with a female employee ratio of 15.44% and a minority employee ratio of 2.54%, and the average salary is 334,600 yuan. Although the company has achieved full coverage in safety training and occupational health checks, the number of work-related fatalities and diversity management still require further attention In terms of governance, the company performs well in board independence and ESG governance structure, but still faces challenges in gender diversity and shareholder communication. The proportion of independent directors on the board reaches 50%, with no independent director serving more than 6 years, and the CEO does not concurrently hold the position of chairman. The company has established a three-tier ESG governance structure covering decision-making, management, and execution levels, and has incorporated ESG performance indicators into executive compensation assessments to strengthen governance execution. The proportion of female directors is 16.67%, but the proportion of female executives is 0%, indicating room for improvement in gender diversity. Additionally, the dissent rate for shareholder meeting proposals is relatively high at 44.8%, which may reflect the need for improvement in shareholder communication mechanisms. The disclosure of board effectiveness assessments and the working rules of the ESG committee has not yet been extracted, and related transparency still needs to be strengthened.

Content generated by AI on June 5, 2026, please verify important information