Recently, TMT received an “AA” ESG rating from both China Securities Index (CSI) ESG Ratings and Wind ESG Ratings, reflecting the company’s remarkable achievements in green development, social responsibility, and corporate governance, and demonstrating its industry-leading sustainable development capability.
According to data from Wind, TMT ranks 2nd among 276 companies in the basic chemical industry, placing it in the top 1%. Across all A-share listed companies, only about 4% have achieved an “AA” rating, which signifies high management quality, low ESG risk, and strong sustainable development capacity.
Data from CSI ESG shows that TMT ranks 17th among 505 companies in the chemical products industry, placing it in the top 3.4%, with only 5.86% of A-share companies achieving an “AA” rating or above. Both ratings demonstrate TMT New Material’s continuous improvement in ESG management, with scores in environmental, social, and governance dimensions all significantly exceeding industry averages.
In recent years, under the strategic guidance and resource support of CRRC Group, TMT has made steady progress in the ESG field, building a comprehensive and mature sustainability framework that promotes synergistic growth of economic performance and social value, embodying the company’s strong sense of corporate responsibility.
Environmental Responsibility: TMT has taken multiple measures to reduce emissions, optimize resource use, and strengthen climate governance. The company implemented a carbon emission accountability system, with environmental investments totaling RMB 83.54 million in 2024. Its comprehensive energy consumption intensity was 1.81 tons of standard coal per RMB 1 million in revenue, with clean energy accounting for 11.66% of total energy use. The company’s solar power generation and green electricity consumption reached over 18,000 MWh and 40,000 MWh respectively, and it achieved water recycling of 335,736.80 tons.
Social Responsibility: TMT actively fulfills its social responsibilities, focuses on employee growth, and promotes shared value creation. In 2024, the company invested RMB 11 million in training, averaging 45 training hours per employee, with employee satisfaction reaching 100%. R&D investment accounted for 5.18% of revenue, with 1,766 valid patents and green procurement totaling RMB 251.36 million. TMT also organized numerous volunteer initiatives to engage with local communities.
Corporate Governance: TMT has established a diversified governance structure and a professional empowerment system, earning recognition for information disclosure excellence. TMT implemented a “three-tier linkage” sustainable governance framework, with independent directors accounting for 34% of the board and three female executives among its directors, supervisors, and senior management. Their expertise covers areas such as international operations and corporate strategy. From 2023 to 2024, TMT received an “A” rating for information disclosure from the Shanghai Stock Exchange.
In the future, TMT will continue to pursue high-quality ESG management and reporting, benchmark against domestic and international standards, strengthen top-level leadership, and enhance cross-departmental collaboration. By working closely with partners, the company will uphold its commitment to sustainable development and strive to achieve maximum integrated value across economic, social, and environmental dimensions.
