China Everbright a sustainable play

karen521818
2022-11-16

$EB ENVIRONMENT(00257)$  

China Everbright Environment Group Limited ("Everbright Environment" or the "Company") is a backbone enterprise of China Everbright Group Ltd. Everbright Environment is listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (257.HK), and has two listed subsidiaries: China Everbright Greentech Limited, which is listed on the Main Board of the Stock Exchange (1257.HK), and China Everbright Water Limited, which is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and the Main Board of the Stock Exchange (U9E.SG & 1857.HK). Since shifting its business focus to the environmental sector in 2003, the Company has grown into the largest environmental enterprise in China, a leading player in Asia's environmental protection industry, the world's largest waste-to-energy investor and operator, and a world-renowned environmental group.

As the first one-stop integrated environmental solution provider in China, Everbright Environment focuses on the areas of environment, resources, energy and climate. Its main businesses cover waste-to-energy and integrated waste treatment, integrated biomass utilisation, hazardous and solid waste treatment, environmental remediation, water environment management, equipment manufacturing, waste sorting, environmental sanitation integration, resource recycling, development of zero-waste cities, energy-saving lighting, analysis and testing, research and development relating to green technologies, ecological and environmental planning and designing, as well as environmental protection industrial parks. The Company has a business presence in more than 210 locations across 25 provinces, municipalities, autonomous regions and special administrative region in China, as well as overseas markets including Germany, Poland, Vietnam and Mauritius.

Everbright Environment is a strategic partner of the International Coalition for Green Development on the Belt and Road and the Ecological Protection and Green Development of the Yangtze River Economic Belt. The Company adheres to its corporate mission of being "Devoted to Ecology and Environment for a Beautiful China", with recognitions of ranking the top among the "Top Ten Influential Solid Waste Treatment Enterprises in China" for 11 consecutive years, the top on the list of China's Top 50 Environmental Enterprises for three consecutive years, and being included in the MSCI China Index for nine consecutive years. With the aspiration to "Create Better Investment Value and Undertake More Social Responsibility", the Company has been shortlisted among the Fortune China 500 list for two consecutive years, as well as a constituent member of Dow Jones Sustainability Indices for six years running, Hang Seng Corporate Sustainability Benchmark Index for 12 years running, FTSE4Good Index for 6 years running, and a member of S&P Global's Sustainability Yearbook for multiple times. In 2022, the Company received for the first time the Achievement of Net-Zero Certificate and Pioneering Organisation in Net-Zero Contribution, which were granted by the Hong Kong Quality Assurance Agency.

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