Recently, MSCI (Morgan Stanley Capital International), a globally renowned index provider, announced its 2024 ESG (Environmental, Social, and Governance) rating for ENN Natural Gas Co., Ltd. (“ENN NG” or the “Company”, stock code 600803.SH). The company was awarded the highest rating of AAA for the outstanding performance in ESG initiatives. ENN NG is the first and only Chinese utility company to achieve the MSCI AAA rating, and one of only 18 Chinese companies to hold this prestigious distinction.

This recognition underscores the international acknowledgment of ENN NG’s sustainable development strategy and further highlights the ongoing commitment to sustainability. It also marks a significant milestone in the company’s leadership in driving the green transformation of the industry.

ENN NG’s remarkable improvement in MSCI ESG rating is the result of company’s commitment to “With Wisdom, We Innovate Sustainable Energy” (WISE) strategy. By continuously refining ESG management framework, ENN NG has successfully embedded ESG principles into the corporate strategy and daily operations.

In the environmental domain, the company has been proactive in supporting China’s low-carbon energy transition by providing reliable and efficient clean energy solutions, this enables customers to accelerate their own green and low-carbon transformations. Additionally, ENN NG has taken a leading role in several key areas, including Scope 3 carbon emissions accounting for natural gas products, the identification and quantification of climate-related risks and opportunities (TCFD), the disclosure of nature-related financial impacts (TNFD), and conducting LEAP (Locate-Analyze-Judge-Respond) analysis. By integrating climate-related natural risks into business processes, the company is not only seizing climate opportunities but also fostering collaborative efforts to reduce ecological emissions.

On the social front, ENN NG enforces a strict "Safety First" accountability system, fostering a culture of safety awareness among all levels of the company. ENN NG has also advanced the development of safety intelligence tools, such as an intelligent risk mapping system, strengthening the foundation for sustainable development.

In terms of corporate governance, ENN NG has strengthened corporate governance by enhancing the structure and independence of the board and committees, improving the capability and awareness of directors, supervisors, and senior executives, and working to deliver greater value to the investors. These initiatives are key to boosting the company’s governance standards and long-term investment potential.

The MSCI ESG rating, widely regarded as a key indicator of a company’s sustainability performance, has become a crucial reference for ESG-focused funds and global capital allocation. With the recent AAA rating, the company has positioned itself as a top-tier candidate for ESG investments. This recognition is expected to attract more long-term capital, enhance the company’s ability to optimize financing costs, and strengthen the stability and risk resilience of capital structure.

Moreover, the upgrade significantly elevates ENN NG’s brand presence and influence in the field of sustainable development, offering greater opportunities for the company to expand footprint in international capital markets.

The recent upgrade in ENN NG’s MSCI ESG rating marks another significant milestone in the company’s sustainable development journey. With this achievement as a new starting point, ENN NG is committed to driving further progress in the energy sector through innovation and optimization. By leading the green transformation and fostering high-quality development, we aim to create long-lasting, sustainable value for both customers and shareholders, and looks forward to contributing more of its “ENN Wisdom” and “ENN Power” to global sustainable developments.

About MSCI ESG Rating

The MSCI ESG rating, developed by the globally renowned index provider and investment research firm MSCI, is an authoritative system used to assess a company’s performance in environmental (Environmental), social (Social), and governance (Governance) factors. As a widely recognized standard in global capital markets, the rating is celebrated for its rigorous evaluation methodology, high transparency, and scientific approach. It has become an essential tool for investors to gauge a company’s sustainability and long-term risk management capabilities.

Covering thousands of publicly listed companies worldwide, MSCI ESG ratings directly influence asset allocation in ESG-focused funds and passive investment strategies. A company’s ESG performance is not only a reflection of its commitment to sustainable development but also a critical factor in attracting international capital, enhancing market credibility, and strengthening global competitiveness.

About ENN Natural Gas Co., Ltd.

ENN Natural Gas Co., Ltd. (stock code: 600803.SH) is an A-share listed energy company operating 260 gas projects across 21 provinces in China. The company serves over 30 million households and more than 250,000 industrial and commercial customers. Its business spans the entire natural gas value chain, including sales, infrastructure operation, storage and distribution, industrial intelligence platform development and operation, and engineering. Leveraging its extensive experience in the natural gas industry and IoT data, ENN is building a foundational industry model, aiming to become a leading operator of a Natural Gas Expertise and Capability Platform.

For more information about our company, please visit our website @?/en

IR Inquiries:
ENN Natural Gas Co., Ltd.
Investor Relations Dept.
Email:?IR.ENNNG@ENN.CN

PR Inquiries:
ENN Natural Gas Co., Ltd.
Brand Development and Communications Dept.
Email:?SUCHANG@ENN.CN