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Luen Mei Quantum is Selected into the "A-share 50 Best ESG Companies" Stock Pool of Shenwan Hongyuan Group Co., Ltd.
Publishing time:2022.01.13 Source:

Recently, Shenwan Hongyuan Group Co., Ltd selected "A-share 50 Best ESG Companies", and Luen Mei Quantum Co., Ltd (600167.SH) was included in the "50 Best ESG Companies" stock pool. 


ESG is the abbreviation of Environmental, Social and Governance in English. It is an investment philosophy and enterprise evaluation standard focusing on environmental, social and governance performance rather than financial performance. A good corporate governance structure and development strategy can be mutually beneficial with ESG. 
 
ESG: Focus on the green financial investment framework 
For chief participants such as capital market exchanges, listed companies, rating agencies and investment organizations, the most important thing to pay attention to is the mapping of ESG in the financial field: green finance. Driven by the goal of "carbon neutrality", the green finance is at the starting point of rapid development in China. 
 
Top rated: "50 Best ESG Companies" 
As the research report A-share ESG Series Report No.6: Disassembly of ESG Rating Results + Construction of Stock Pool of Shenwan Hongyuan Group Co., Ltd said that by the end of 2021, WIND had screened out 50 best ESG companies, including PetroChina, Luen Mei Quantum, Universal Scientific Industrial, China Unicom, Ping An Insurance, Vanke A, etc. 
 
Luen Mei Quantum: Incorporate "carbon neutrality" into the long-term development strategy 

According to the Environmental, Social and Governance (ESG) 2020 Report of Luen Mei Quantum, the company has incorporated the goal of "carbon neutrality" into its long-term development strategy. And it is continuously strengthening the research and development of decarburization technology in depth, actively make efforts to develop core renewable energy technologies such as hydrogen energy and heat pumps, in order to continuously reduce carbon emissions and pollutant emissions while efficiently satisfying the centralized clean thermal energy within the service area. 


For existing heating projects based on clean coal, Luen Mei Quantum has continued to carry out energy-saving and emission transformation of heat sources in a deep and multi-dimensional manner, so that heat sources have met the ultra-low emission standard; For the future new heating business, the company will adjust measures to local conditions to select new renewable energy technologies such as sewage source heat pump, air source heat pump, river water source heat pump, ground source heat pump and medium and deep geothermal energy, in order to accelerate the establishment of a clean and low-carbon clean and intelligent energy operation system and achieve the goal of energy conservation and carbon reduction. 


In the field of hydrogen energy, Luen Mei Quantum is focusing on the blue ocean market of hydrogen CHP. In December 2021, it officially invested in Cemt. Co., Ltd. through stock rights assigning, becoming one of its important shareholders. And it will work with Cemt. to establish technical standards and systems for hydrogen cogeneration, in order to promote and lead the maturity of relevant technologies and business models, continuously improve the layout of hydrogen energy industry, and explore diversified application methods of hydrogen energy. 


In the future, the company will continue to optimize the carbon asset structure, deeply integrate the sustainable development of enterprises with the national goal of "peak carbon emission and carbon neutrality", continuously assist the whole society form the industrial structure, production mode, lifestyle and spatial pattern with low-carbon and environmental protection, and deepen the enterprise steady development with ESG concept.


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