ENN Energy Receives S&P CSA Rating Upgrade, Ranks Among Global Leaders in Gas Utilities
Recently, S&P Global, a leading
international rating agency, released the latest scores for its Corporate
Sustainability Assessment (CSA), awarding ENN NG an impressive 67 points. This
marks a 9-point increase from the previous year and places ENN NG 23 points
above the global industry average. ENN NG now ranks among the top Chinese gas
companies and within the top 25% of global gas utility companies. The company
achieved full marks in 31 subcategories, including climate governance, human
resource management, occupational health and safety, corporate governance,
business ethics, sustainability disclosure, and market opportunities. This
significant improvement highlights ENN NG's dedicated efforts and exceptional
achievements in sustainable development management practices.
Guided
by the WISE Vision, ESG Practices Bear Fruit
Under the “WISE: With Wisdom, We Innovate
Sustainable Energy” vision, ENN NG has embedded ESG practices into its
strategic planning and daily operations. Driven by customer needs, ENN NG leverages
smart innovation to strengthen the resilience of the entire natural gas value
chain, providing safe and clean energy solutions across all scenarios and
working toward a sustainable future.
In environmental efforts, ENN NG actively
supports China’s low-carbon energy transition strategy, delivering stable and
efficient clean energy to help customers achieve green and low-carbon growth
and accelerate the shift toward a greener energy structure in China. On the
social front, ENN NG strictly enforces a first-responsibility safety system,
enhances employee safety awareness, and promotes intelligent safety
technologies, such as a smart safety risk mapping system, to strengthen its
foundation for sustainable growth. In governance, ENN NG has established a
comprehensive ESG performance management system, linking executive compensation
to ESG metrics and fostering a culture of sustainability throughout the company.
Moving forward, ENN NG will continue to
uphold its WISE vision, drawing on its strengths in the natural gas sector and
digital intelligence. Focusing on customer needs, ENN NG will innovate green
development models for natural gas, offering smart capabilities and low-carbon
products and services to customers and ecosystem partners, driving high-quality
development across the energy industry.
About the S&P Corporate Sustainability
Assessment (CSA)
The S&P Corporate Sustainability
Assessment (CSA) is one of the world’s largest annual assessments of corporate
sustainability practices, established by S&P Global in 1999. The CSA
evaluates companies based on their information disclosure and performance
across environmental, social, and governance (ESG) dimensions, providing a
comprehensive reflection of their sustainability management level. The CSA
rating plays a significant role in shaping corporate image and reputation
within the global capital markets, with clients using this rating spanning 49
countries and managing over USD 38.4 trillion in assets. These clients use CSA
scores and underlying data points to assess corporate performance, manage
portfolios, allocate capital, and formulate engagement strategies.
The latest news
- ENN Natural Gas Becomes First Chinese Utility Company to Achieve MSCI ESG Rating Upgrade to AAA, After Three Consecutive Years 02 January 2025
- ENN NG Expands International LNG Shipping Capacity to Ensure Delivery of Long-Term International Supply Contracts 08 November 2024
- ENN Energy Receives S&P CSA Rating Upgrade, Ranks Among Global Leaders in Gas Utilities 08 November 2024
- Smart Innovation for a Sustainable Energy Future – ENN NG Unveils Upgraded ESG Vision 08 November 2024
- ENN and Energy Transfer Sign 20-Year LNG Sale and Purchase Agreements for Lake Charles LNG 29 March 2022
- ENN and Cheniere Sign 13-Year LNG Sale and Purchase Agreement 11 October 2021
- ENN's first vessel of LNG was successfully unloaded at the Tianjin receiving station of the national pipeline network 01 July 2021
- Cooperation between Xindi Energy Engineering and Jinan Energy Engineering Group Jointly start a new chapter in innovation and cooperation 01 July 2021
- ENN's first quarter revenue was 25.849 billion CNY, a year-on-year increase of 48% 29 June 2021