Against the backdrop of accelerating global energy transition and carbon neutrality goals, environmental, social, and governance (ESG) performance has become a critical benchmark for measuring a company's long-term value and sustainability. This year, Ganfeng Lithium Group Co., Ltd. has achieved historic breakthroughs in assessments by multiple internationally recognized ESG rating agencies, with several scores reaching new highs. These accomplishments not only demonstrate the company's concrete actions in sustainability but also highlight Ganfeng's responsibility and leadership as a key player in the global energy transition.
According to the latest data, Ganfeng Lithium has shown significant improvement across major international ESG rating frameworks, including MSCI, ECOVADIS, S&P Global CSA, and CDP. Notably, the company maintained its "A" rating from MSCI ESG, remaining an industry leader. Its ECOVADIS score surged from 33 to 54, with marked progress in environmental performance, labor and human rights, and sustainable procurement. CDP upgraded Ganfeng’s rating from "C" to "B," while its S&P Global CSA score rose from 36 to 45, reflecting substantial ESG performance enhancements.
These rating improvements directly reflect Ganfeng’s systemic advancements in environmental management, social responsibility, and corporate governance, earning strong recognition from capital markets and stakeholders. This year, Ganfeng has deepened the integration of sustainability strategies across all operations, systematically strengthening ESG initiatives—including increased investment in personnel, training, and technology—while enhancing customer responsiveness and supplier management to ensure sustainability commitments are embedded in every aspect of its work.
In environmental protection, the company actively promotes green manufacturing and circular economy practices. Through technological innovation, it continues to reduce energy and water consumption per unit of production while improving resource efficiency. Ganfeng has also established a closed-loop system for lithium battery recycling, alleviating pressure on resource extraction. Globally, the company strictly complies with local environmental regulations and implements biodiversity protection measures to minimize ecological impacts.
In social responsibility, Ganfeng Lithium adheres to a "people-first" approach, safeguarding employee health and safety while fostering harmonious labor relations. Through localized hiring and supply chain collaboration, it actively contributes to the socioeconomic development of communities where it operates. Recently, Ganfeng was honored as a "2024 Jiangxi Social Responsibility Leader" for its impactful initiatives.
At the ESG sub-forum of the Global Energy Summit, Wang Xiaoshen, President of Ganfeng Lithium and Chairman of its Sustainability Committee, emphasized the company’s commitment to responsible corporate citizenship. He stated that Ganfeng aims to build a positive corporate image globally, engaging in community co-development to create shared value. Additionally, the company prioritizes product responsibility, delivering safe and reliable lithium products to support the global electrification transition and energy storage industry.
On corporate governance, Ganfeng continues to refine its ESG governance framework, with a dedicated board committee overseeing sustainability strategies and execution. By enhancing transparency in disclosures and regularly publishing ESG reports, the company actively engages with investors, clients, and the public to address stakeholder concerns.
As a core player in the new energy industry chain, Ganfeng Lithium recognizes its pivotal role in advancing the global energy transition. The company views sustainability as a cornerstone of growth rather than mere compliance. Continuous ESG investments have not only mitigated environmental and social risks but also strengthened long-term competitiveness.
Strong ESG performance has bolstered investor confidence and expanded green financing opportunities. This year, Ganfeng successfully issued its first green medium-term notes and short-term financing bonds, supporting stable operations and expansion. Moreover, its alignment with the sustainability requirements of international clients and partners has further solidified its market position and brand reputation.
Facing the opportunities and challenges of the carbon-neutral era, Ganfeng Lithium remains steadfast in embedding sustainability into its corporate DNA. Moving forward, the company plans to increase investments and innovation in clean energy adoption, carbon reduction, water resource management, and circular economy initiatives. By collaborating with value chain partners, Ganfeng aims to build a greener, more inclusive, and responsible lithium ecosystem, contributing to global climate action and sustainable development goals.
