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DONGYANG, China, Jan. 31, 2024/PRNewswire/ -- Recently, Morgan Stanley Capital International (commonly known as "MSCI"), an authorized international rating agency, announced the latest ESG (environmental, social, and governance) rating results corporate) for DMEGC. With its ESG policies and practices continually optimized, DMEGC's MSCI ESG rating has been upgraded from BB to BBB, making it one of only two Chinese PV companies to achieve this rating.
The MSCI ESG rating is a globally recognized ESG assessment system and its ratings are widely used by international investors in their investment decisions. According to the latest ESG rating report, DMEGC has shown significant improvements in several ESG dimensions, leading the industry in areas such as opportunities in clean technology, labor management and corporate governance.
While continuously improving its governance structure, DMEGC is firmly committed to a green and low-carbon development path, increasing investment in the renewable energy sector and constantly improving the quality of development in the photovoltaic and lithium battery industries. In particular, DMEGC Solar focuses on differentiated products and markets and has become the main engine driving the company's performance growth, with PV module shipments among the industry's top 10 in both 2022 and 2023.
Meanwhile, DMEGC continues to improve its environmental protection system, implementing energy-saving and emission-reducing measures in all magnetic materials and renewable energy departments. Following the core values of "customer first, employee care, unity, pragmatism, tenacity and innovation", the company insists on innovation-driven strategies, accelerates digital transformation and increases investment in digital, smart, green factory projects and environmentally friendly in various industries. It has built a solid platform for employment and development, promoting high-quality community and industry development and creating significant economic and social value.
The constant improvement of ESG ratings reflects DMEGC Solar's high level of sustainable development and systematic ESG management. Looking ahead, DMEGC Solar will continue to fulfill its corporate social responsibilities, contributing more positively to sustainable, green and low-carbon social development.
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