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ENN Energy Receives S&P CSA Rating Upgrade, Ranks Among Global Leaders in Gas Utilities

08 November 2024 Source: Browse volume:

Recently, S&P Global, a leading international rating agency, released the latest scores for its Corporate Sustainability Assessment (CSA), awarding ENN NG an impressive 67 points. This marks a 9-point increase from the previous year and places ENN NG 23 points above the global industry average. ENN NG now ranks among the top Chinese gas companies and within the top 25% of global gas utility companies. The company achieved full marks in 31 subcategories, including climate governance, human resource management, occupational health and safety, corporate governance, business ethics, sustainability disclosure, and market opportunities. This significant improvement highlights ENN NG's dedicated efforts and exceptional achievements in sustainable development management practices.

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Guided by the WISE Vision, ESG Practices Bear Fruit

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Under the “WISE: With Wisdom, We Innovate Sustainable Energy” vision, ENN NG has embedded ESG practices into its strategic planning and daily operations. Driven by customer needs, ENN NG leverages smart innovation to strengthen the resilience of the entire natural gas value chain, providing safe and clean energy solutions across all scenarios and working toward a sustainable future.

In environmental efforts, ENN NG actively supports China’s low-carbon energy transition strategy, delivering stable and efficient clean energy to help customers achieve green and low-carbon growth and accelerate the shift toward a greener energy structure in China. On the social front, ENN NG strictly enforces a first-responsibility safety system, enhances employee safety awareness, and promotes intelligent safety technologies, such as a smart safety risk mapping system, to strengthen its foundation for sustainable growth. In governance, ENN NG has established a comprehensive ESG performance management system, linking executive compensation to ESG metrics and fostering a culture of sustainability throughout the company.

Moving forward, ENN NG will continue to uphold its WISE vision, drawing on its strengths in the natural gas sector and digital intelligence. Focusing on customer needs, ENN NG will innovate green development models for natural gas, offering smart capabilities and low-carbon products and services to customers and ecosystem partners, driving high-quality development across the energy industry.

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About the S&P Corporate Sustainability Assessment (CSA)


The S&P Corporate Sustainability Assessment (CSA) is one of the world’s largest annual assessments of corporate sustainability practices, established by S&P Global in 1999. The CSA evaluates companies based on their information disclosure and performance across environmental, social, and governance (ESG) dimensions, providing a comprehensive reflection of their sustainability management level. The CSA rating plays a significant role in shaping corporate image and reputation within the global capital markets, with clients using this rating spanning 49 countries and managing over USD 38.4 trillion in assets. These clients use CSA scores and underlying data points to assess corporate performance, manage portfolios, allocate capital, and formulate engagement strategies.

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