Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
Zhen Ding Achieved Top Ranking in 2024 S&P Global ESG Rating, Leading the PCB Industry
October 25, 2024 | Zhen Ding TechnologyEstimated reading time: 1 minute
Zhen Ding Technology (4958) has been dedicated to long-term corporate ESG sustainability, achieving an impressive overall score of 76 in the 2024 Corporate Sustainability Assessment (CSA) conducted by the international sustainability rating agency, S&P Global. Zhen Ding is ranked above 98% of its peers in the global ITC Electronic Equipment, Instruments & Components sector, and is recognized as the top company within the PCB industry, with strong performance in environmental, governance, and social dimensions.
In this year’s CSA, Zhen Ding excelled in areas such as "Climate Strategy," "Supply Chain Management," and "Product Stewardship." Regarding climate action, Zhen Ding successfully reduced carbon emissions by 600,000 tons in 2023 through process energy efficiency improvements, in-house solar energy installations, and the purchase of renewable electricity. In terms of supply chain management, the company enhanced its supply chain’s environmental performance by selecting green supply chain partners and organizing a Green Supply Chain Forum to launch eco-friendly initiatives. Additionally, Zhen Ding collaborated with suppliers and customers to promote the use of recycled metals and developed innovative green products and low-carbon solutions.
Zhen Ding regularly conducts human rights risk assessments, performs human rights due diligence, establishes mitigation and remediation measures, and carries out internal evaluations and external audits to safeguard and uphold employee rights. The company is also committed to fostering a diverse and inclusive workplace, prioritizing gender equality, human rights protection, and talent development. These efforts earned Zhen Ding a score of over 90 points in the human rights category.
The S&P Global Corporate Sustainability Assessment (CSA) evaluates the ESG performance of over 13,000 companies worldwide. The CSA helps companies identify their environmental and social impacts, promoting greater transparency and accountability. Outstanding performance in the CSA can attract investors and boost market competitiveness. As sustainability becomes increasingly vital, the CSA has emerged as a key benchmark for driving corporate sustainability efforts. As a company committed to sustainability, Zhen Ding will continue to advance comprehensive initiatives in environmental, social, and corporate governance areas.
Share on:
Suggested Items
Gartner Forecasts MENA IT Spending to Grow 7.4% in 2025
11/20/2024 | Gartner, Inc.IT spending in the Middle East and North Africa (MENA) region is projected to total $230.7 billion in 2025, an increase of 7.4% from 2024, according to the latest forecast by Gartner, Inc.
ASMPT: Highly Flexible Die and Flip-chip Bonder for Co-packaged Optics Production
11/20/2024 | ASMPTThe high-precision AMICRA NANO die and flip-chip bonder has been specially developed for the production of co-packaged optics where which optical and electronic components are integrated in a common housing. With its exceptional process stability and a placement accuracy of ±0.2 μm @ 3 σ, this innovative bonding system is ideally equipped for the communication technology of the future.
Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
11/21/2024 | Dan Beaulieu -- Column: Dan's Biz BookshelfIn Revenge of the Tipping Point: Overstories, Superspreaders, and the Rise of Social Engineering, Malcolm Gladwell takes readers to his familiar yet groundbreaking territory, examining the forces that shift trends, turn ideas viral, and make or break social phenomena. Gladwell's fresh perspective and sharp analysis will resonate with anyone who enjoyed his previous books, The Tipping Point and Outliers.
Orbex Welcomes Contract Extension and Additional Funding from ESA’s Boost! Programme
11/19/2024 | OrbexLeading orbital launch services company, Orbex has today welcomed the extension of its contract with the European Space Agency’s (ESA) Boost! Programme and additional funding of €5.6 million.
L3Harris Delivers Optical System to NASA for Nancy Grace Roman Space Telescope
11/19/2024 | L3Harris TechnologiesL3Harris Technologies has delivered the Optical Telescope Assembly (OTA) to NASA that serves as the critical “eye” for the Nancy Grace Roman Space Telescope by providing precise and stable imagery.