（标普评分）cngr's significant improvement in esg ratings from these three major organizations reflects the company's ongoing efforts and advancements in esg practices, which have received professional recognition. these ratings will further guide cngr's esg development.
（明晟评级）cngr achieved a score of 38 points in the 2023 s&p global csa score, which is a 10-point increase compared to the previous year. notably, this score meets the threshold for inclusion in the "s&p global sustainability yearbook (china)," representing a benchmark level of sustainable development for chinese companies. simultaneously, cngr's msci esg rating has risen from a b grade in 2022 to a bb grade in 2023, positioning it at an intermediate level compared to relevant industry peers. in ftse russell's esg rating, cngr achieved an impressive score of 2.6, significantly higher than the industry average.
（富时罗素评分）behind these rating improvements in 2023 is the relentless effort of all cngr employees in the past year towards sustainable development. by establishing a top-down and closely coordinated sustainability governance structure to ensure that the company's sustainability strategy can be implemented and effective. the company has formulated the "esg policy of cngr" to guide and regulate the actions of companies, directors, management personnel and employees within the scope of its global operations. the company leverages its influence to encourage collaboration with partners in the supply chain, striving to achieve sustainable development.
simultaneously, cngr listens to the voices of various stakeholders, delving into their core expectations and needs. it emphasizes the use of clean energy, sets and discloses the “carbon target of cngr”, and launches low-carbon special actions of cngr to increase the proportion of green electricity usage at its various facilities. cngr commits to reaching 100% clean energy electricity by 2025 and operational carbon neutrality by 2040.
currently, the importance of esg in practice is increasingly evident, with more and more companies focusing on their esg governance levels. cngr's steady improvement in the three major international authoritative esg ratings reflects recognition from the capital market for its esg management performance and affirmation of the company's long-term investment value. it also reflects cngr's proactive sustainable development measures and significant improvements in environmental, social, and governance aspects, demonstrating excellent results.