Core Viewpoint - China Hongqiao Group Limited has achieved an AA rating in the ESG field, reflecting its commitment to green transformation, innovative development, and social responsibility [1][3]. ESG Rating Summary - The company improved its ESG rating from A to AA, scoring 91.2, significantly higher than the median score of 78.7 for the metals and mining industry [3]. - China Hongqiao excelled in various categories, including disclosure quality, shareholder rights, social contribution, human capital, environmental management, and environmental friendliness, all rated as "excellent" [3]. - The low ESG risk rating indicates a robust risk management mechanism and effective implementation of ESG strategies [3]. Future Outlook - The company plans to leverage the improved rating to deepen its ESG strategy and green low-carbon development, establishing long-term mechanisms and enhancing disclosure quality [4]. - It aims to play a leading role in the industry chain, collaborating with upstream and downstream enterprises to fulfill social responsibilities and create long-term value for investors and society [4]. ESG Rating System Overview - The Huazheng ESG rating system is a comprehensive assessment framework for evaluating corporate ESG performance, categorized into nine levels from AAA to C, with AA indicating good overall performance [5]. - The index covers nearly 700 leading Hong Kong-listed companies, representing about 95% of the total market capitalization of Hong Kong stocks [5].

Core Insights - Cavitation Technologies, Inc. has completed an exclusive licensing agreement with its subsidiary XYRA Corp. for the application of its proprietary Cavitation Non-Thermal Plasma™ (CNTP) technology in cryptocurrency mining cooling systems [1][2] Group 1: Licensing Agreement and Technology - The licensing agreement grants XYRA Corp. exclusive rights to deploy CTi's CNTP technology, which is protected under U.S. Patent Application No. 18/653,760, specifically for submerged fluid cooling in cryptocurrency mining operations [2][4] - CNTP technology is designed to optimize the performance of crypto mining equipment by maintaining superior fluid quality and thermal management in immersion cooling systems [2][3] Group 2: Advantages of CNTP Technology - The technology provides a chemical-free competitive advantage in addressing fluid management challenges in modern crypto mining operations [3] - CNTP operates at 20 gallons per minute (GPM) with scalability to 50 GPM, ensuring optimal fluid performance, extended equipment life, and enhanced operational efficiency [3][8] - Key benefits include maintaining optimal dielectric properties for maximum heat transfer efficiency, reducing contamination and degradation of mining hardware, minimizing downtime and maintenance, and extending fluid replacement cycles [5][8] Group 3: Strategic Development and Market Position - XYRA Corp. is actively recruiting industry experts in cryptocurrency mining, blockchain technology, and digital asset management to support the deployment of CNTP technology [3][6] - The technology represents a strategic expansion for CTi beyond traditional water treatment into industrial fluid systems that support digital infrastructure [3][7]

Core Viewpoint - The China Alcohol Industry ESG Rating Platform 2.0 has expanded its coverage to include over ten categories of alcoholic beverages, enhancing its evaluation capabilities across the entire supply chain from production to consumption [1][2]. Group 1: Platform Overview - The platform was developed by the China Alcohol Industry Association in collaboration with the 21st Century Economic Research Institute, and it was upgraded to version 2.0 in March 2025 [1]. - The platform now includes traditional alcoholic beverages as well as emerging categories like fruit wine and whiskey, reflecting recent industry trends [1][2]. Group 2: Evaluation Standards - The platform is guided by regulatory documents and international ESG standards, including the China Securities Regulatory Commission's guidelines and various international frameworks [2]. - It features 179 indicators across three main areas: environmental impact, social responsibility, and corporate governance, with differentiated evaluation weights for various beverage types [2][3]. Group 3: Data and Technology - The platform incorporates a large data model, Deepseek, to assist in ESG ratings, allowing companies to self-assess their ESG performance through a questionnaire [3]. - It provides a comprehensive ESG ecosystem, offering services such as policy interpretation, case studies, and training to improve companies' ESG ratings [3][4]. Group 4: Rating Process and Security - The ESG ratings range from AAA to C, reflecting companies' exposure to ESG risks and their management capabilities, with annual updates and high-frequency score adjustments [4]. - All data management is conducted by the China Alcohol Industry Association, ensuring data security without third-party involvement [4][5].

在全球可持续发展需求日益迫切、企业社会责任实践不断深化的背景下，由《中国经营报》主办的"绿 色引领 重塑未来—2025中国企业可持续发展行动大会"，将于9月23-24日在北京隆重举办。本次大会 是"中国企业社会责任创新发展论坛"迎来第十届之际的全新升级，同期开展"数智赋能 绿色共享—2025 中国矿业可持续发展论坛"与"人工智能与未成年人健康成长——《青少年蓝皮书：中国未成年人互联网 运用报告（2025）》新书发布暨青少年科技创新可持续发展论坛"，将多维度聚焦可持续发展领域关键 议题，为推动中国经济高质量发展注入新动能。 在主论坛上，行业权威专家与企业代表将围绕可持续发展进行深度交流。中国社会科学院工业经济研究 所所长、党委副书记陈彦斌将致开幕辞；中国社会科学院工业经济研究所副所长，中国经营报社社长、 总编辑李鹏飞将做主办方致辞；中国社会科学院生态文明研究所所长、党委副书记张永生将带来题为 《践行"两山"理念推动可持续发展新征程》的主题演讲，解读"两山"理念下可持续发展新路径；中国乡 村发展基金会执行副理事长刘文奎将带来题为《凝聚企业力量 绘就乡村振兴新图景》的主题演讲，解 读新时代背景下乡村振兴的使命与未来 ...

赛力斯方面表示，在全球低碳转型加速的背景下，公司将ESG理念深度融入企业战略和运营全链条，构 建覆盖产品研发、生产制造、供应链管理和资源回收的全生命周期低碳运营管理体系。 中证报中证网讯（龚梦泽 熊永红）近日，福布斯中国发布2025中国ESG 50强榜单，赛力斯（601127） 集团凭借在ESG领域的系统化实践与创新成果成功入选，成为中国新能源汽车产业的代表力量。 据中国证券报记者了解，此次ESG 50榜单基于2025年福布斯全球2000强榜单，遴选出50家在合规与创 新、全球化与本土化方面实现显著突破的中国企业。榜单重点关注自然-社会系统整合、AI治理等关键 领域的先锋企业，旨在勾勒出中国可持续发展的新路径。赛力斯此次入选，体现了公司在ESG建设方面 的领先实力。 据统计，2024年赛力斯实现产品全生命周期碳足迹核算100%覆盖，累计减排二氧化碳82997吨，单位碳 排放强度同比下降16.9%。此外，企业整车制造可回收包装材料采购占比达100%，全年中水回用节约水 资源127440吨，零碳智慧物流港项目入选重庆市绿色低碳典型案例。财报显示，2025年上半年，赛力斯 研发投入51.98亿元，同比增长154.9 ...

Core Insights - Morningstar, Inc. published findings from its fourth annual Voice of the Asset Owner survey, indicating a shift in asset allocation strategies among investors [1] - The survey highlights increasing disparities in ESG (Environmental, Social, and Governance) approaches and environments globally [1] - There is notable progress and innovation in climate-related investing, reflecting a growing focus on sustainability [1] - The demand for more standardized and higher quality ESG indexes, data, and investment tools is on the rise [1]

格隆汇9月18日丨香港交易所宣布，已与阿联酋的阿布扎比证券交易所签署合作备忘录，探索两地资本 市场合作机遇并增强双方的联系。根据合作备忘录，香港交易所将与阿布扎比证券交易所探讨在市场推 广、交易所买卖基金、ESG（环境、社会及管治）相关产品、互挂上市及其他共同关注的领域上合作， 一同实践双方在建构更紧密融合的全球金融生态圈的承诺。 ...

Core Insights - EUROAPI's near-term science-based emission reduction targets have been approved by the Science Based Targets initiative (SBTi), aligning with the Paris Agreement to limit global warming to 1.5°C above pre-industrial levels [1][2] - The company commits to a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030 from a 2022 base year, and a 25% reduction in absolute Scope 3 GHG emissions in the same timeframe [1][5] Environmental Performance - EUROAPI has achieved measurable improvements in key environmental indicators between 2022 and 2024, including a 28% reduction in waste, a 14% reduction in solvent use, and a 12% reduction in energy consumption [2] - The company eliminated nearly 180,000 tons of CO2 equivalent during this period, equivalent to the annual GHG emissions of a city with approximately 20,000 inhabitants [2] - 100% of the electricity purchased by EUROAPI now comes from renewable sources, and the product carbon footprint is available for more than 70 active pharmaceutical ingredients (APIs) [2] Company Overview - EUROAPI focuses on reinventing active ingredient solutions to sustainably meet global customer and patient needs, with a portfolio of approximately 200 products [3] - The company operates five manufacturing sites in Europe and supplies customers in over 80 countries, emphasizing high-quality API manufacturing [4]

Core Viewpoint - Gao Xin Retail is undergoing significant changes in governance and operational efficiency, highlighted by recent internal corruption investigations and a shift in ownership to Dehong Capital, following Alibaba's exit [3][4]. Group 1: Governance and Compliance - A senior executive at Gao Xin Retail was taken away for investigation due to serious job-related crimes, which the company confirmed as an individual issue that would not affect overall operations [3]. - Gao Xin Retail has a robust anti-corruption mechanism involving multiple departments, with a focus on supplier integrity through mandatory signing of integrity commitments [3]. - The company reported two concluded corruption cases in its 2025 fiscal year, involving three individuals [3]. Group 2: Financial Performance - For the 2025 fiscal year, Gao Xin Retail reported revenue of 71.552 billion yuan, a decrease of 1.4% year-on-year, but a net profit of 386 million yuan, indicating a turnaround from a loss of 1.668 billion yuan in the previous year [5]. - The company achieved cost reductions, with operating expenses down by 16.2% to 15.232 billion yuan [5]. Group 3: Employment Trends - Gao Xin Retail's workforce has decreased for three consecutive years, with a total of 84,000 employees as of March 2025, reflecting a decline of 2.12%, 20%, and 11.66% over the past three years [6]. - The proportion of part-time employees increased by 35.23% in the 2025 fiscal year, while full-time employees decreased by 12.46% [6]. Group 4: Industry Context - The retail industry is facing challenges, with the top 100 supermarket companies in China reporting only a 0.3% increase in sales and a 9.8% decrease in total store numbers [5]. - Despite a general trend of workforce reduction in the industry, Gao Xin Retail's average salary decreased by 10.75% to 98,900 yuan, contrasting with the industry average increase of 7.54% [7][8]. Group 5: Customer Complaints and Quality Control - Gao Xin Retail has faced significant customer complaints, particularly regarding food safety, which accounted for over 50% of complaints received in the past month [9][10]. - The company has emphasized quality control and employee training but continues to face challenges in meeting customer expectations [9]. Group 6: ESG Performance - Gao Xin Retail received an AA rating in Wind ESG assessments, outperforming other domestic retail companies [12]. - The company has set clear carbon neutrality goals for 2030 and has made strides in environmental management, including the installation of solar power in new stores [14].

Group 1 - The user-side energy storage project in Yangpu District, Shanghai, with a capacity of 3.8MW/7.068MWh, is the largest commercial energy storage station in the city center [1] - The project aims to establish a pathway for building energy storage stations in urban areas, emphasizing safety with multiple layers of protection and real-time monitoring systems [1] - The economic viability of the project is validated, with an annual electricity consumption of approximately 43 million kWh in the technology park, and the project achieving over 90% operational efficiency, generating energy savings of about 21 million yuan over its lifecycle [1] Group 2 - The energy storage station integrates with distributed photovoltaics, charging piles, microgrid controllers, and carbon management systems, enhancing green electricity usage and reducing carbon footprints [2] - The project meets ESG requirements and participates in electricity market trading, showcasing its green value [2]