Smart Innovation for a Sustainable Energy Future – ENN NG Unveils Upgraded ESG Vision
Recently, ENN Natural Gas Co., Ltd.
(referred to as "ENN NG" or "the Company," stock code:
600803.SH) formally released its sustainability vision, “WISE: With Wisdom, We
Innovate Sustainable Energy.” Marking the company's 30th anniversary as a
publicly listed entity, this ESG vision represents a new starting point for ENN
NG’s journey toward sustainable development, reflecting the company’s deep
commitment and thoughtful approach to environmental, social, and governance
(ESG) responsibilities.
Driving
Factors: A Dual Push of Internal Motivation and External Demand
ENN NG’s commitment to ESG arises from its
core values of sustainability and a keen insight into customer needs.
Strengthening ESG efforts not only meets regulatory requirements but also
actively responds to customers’ needs for low-carbon development and aligns
with the intrinsic needs of corporate responsibility and strategic growth.
Through stable and efficient clean energy supply, ENN NG supports customers in
achieving green, low-carbon growth. The company actively fulfills its social
responsibilities, optimizes its governance structure, and continuously improves
service quality, aiming to be a benchmark enterprise that earns customer
satisfaction and societal trust.
ESG
Management Practices: System Building, Culture Development, and Operational
Implementation
To implement ESG practices, ENN NG has
consistently improved its governance framework by linking ESG metrics to
executive performance and establishing an internal coordination mechanism. This
has created a comprehensive ESG metric system that enables refined ESG
management. The company also fosters a strong ESG culture, promoting
sustainable practices like low-carbon workplaces and green travel to enhance
employees’ awareness of sustainability. Additionally, ENN NG has expanded ESG
communication by publishing ESG reports, participating in industry forums, and
enhancing its image as a sustainable development leader.
ENN NG's highly efficient energy management
system in the multi-energy sector optimizes energy structure and efficiency,
significantly reducing carbon emissions. Its hydrogen energy EPC projects
leverage proprietary technology to achieve end-to-end low-carbon solutions. The
ENN Zhoushan LNG receiving terminal also contributes to ENN NG's Green Action
2030 goals by reducing greenhouse gas emissions through smart energy
management, cold energy power generation, and renewable energy utilization.
Remarkable Achievements: Recognition from
Capital Markets and Social Responsibility
ENN NG’s ESG management efforts have
yielded outstanding results, earning broad recognition in the capital markets.
The company's MSCI ESG rating rose from BBB to A, marking two consecutive years
of rating improvements. ENN NG has been included in multiple ESG-themed indices
and has received several prestigious awards, reflecting its leadership and
commitment to sustainable development in the ESG field.
Visionary
Leadership: WISE Guiding Future Development
The WISE vision (With Wisdom, We Innovate
Sustainable Energy) is driven by customer needs, emphasizing the use of smart
innovation to enhance the resilience and efficiency of the entire natural gas
value chain, providing safe and clean energy solutions for a sustainable
future. Built on four core pillars, WISE aims to foster a diverse and
harmonious ecosystem, ensure safe energy supply, and create long-term value.
W (Win-win): Creating a Diverse and
Harmonious Ecosystem – Working with stakeholders to co-create a diverse and
harmonious industry ecosystem that benefits all.
I (Integrity): Excellence in Governance for
Long-Term Value – Elevating governance standards, promoting ethical practices,
and fostering inclusive growth to build a transparent ecosystem.
S (Safety): Ensuring Safe Energy Supply to
Support Social Development – Strengthening the safety and stability of energy
supply to protect the well-being of all stakeholders.
E (Efficiency): Green Development for a Smart,
Low-Carbon Framework – Committing to "green development and low-carbon
operations," shaping a new framework for a low-carbon energy system in
China.
Implementation:
Customer-Driven, Data-Intelligent Approach
Driven by a deep understanding of customer
needs and a commitment to customer success, ENN NG integrates sustainable
development into all aspects of business operations through initiatives such as
promotion, business alignment, goal setting, and performance feedback.
Additionally, ENN NG has incorporated digital intelligence technology into ESG
management, developing an ESG smart system that enables data-driven
decision-making and enhances management efficiency.
The release of the WISE vision marks a new
phase for ENN NG in advancing the energy transition and sustainable
development. The company will use this vision as a guiding principle, deeply
integrating digital innovation and clean energy to continuously refine its
business model, providing more efficient, eco-friendly, and intelligent energy
solutions to its customers.
Looking to the future, ENN NG is committed
to working alongside all stakeholders, fully leveraging its role as a clean
energy enterprise to drive sustainable development and actively contribute to
the construction of a modern energy system in China. We firmly believe that the
WISE vision will become a powerful engine for ENN NG’s journey toward a new era
in the energy industry, working hand-in-hand with partners to create a
beautiful, prosperous, and sustainable planet. "With Wisdom, We Innovate
Sustainable Energy" – this is not only ENN NG’s vision but also our
heartfelt commitment and concrete action toward a better future for our shared
home!
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