Recently, the internationally renowned index provider MSCI released its latest ESG (Environmental, Social, and Governance) ratings. Thanks to its sustained commitment and outstanding achievements in the realm of sustainability, Rongsheng Petrochemical has seen its MSCI ESG rating climb from BBB to A—the highest rating ever achieved by the company, and currently the highest MSCI ESG rating held by any Chinese chemical enterprise. The company’s scores across all three core dimensions—Environmental, Social, and Governance—have shown steady improvement, placing it among the top performers in the global diversified chemicals industry and at the forefront of global petrochemical companies.

The MSCI ESG rating is one of the most influential sustainability assessment systems in the international capital market, serving as a key reference for institutional investors worldwide when making investment decisions. This upgrade is a significant milestone, reflecting Rongsheng Petrochemical’s long-term dedication to ESG management and its active pursuit of sustainable development. It signifies that the company’s comprehensive performance in the environmental, social, and governance spheres has reached a leading global standard within its sector, while also underscoring the international capital market’s strong recognition of the company’s sustainability capabilities and long-term investment value.

As a petrochemical enterprise designated as a benchmark for green development in China, Rongsheng Petrochemical has spent the past year driving industrial upgrading through technological innovation and fostering high-quality development via clean, low-carbon practices. Regarding greenhouse gas (GHG) emissions, the company achieved a 10% reduction in GHG emission intensity and a 12.5% ​​reduction in comprehensive energy consumption intensity in 2024. Notably, leveraging its 40-million-ton-per-annum integrated refining and chemical project—the largest single-site facility of its kind globally—the company has implemented a 240,000-ton-per-annum food-grade liquid carbon dioxide recovery unit. This initiative not only ensures "ultra-clean" pollutant emissions but also transforms waste into a valuable resource, creating synergistic benefits—saving energy, reducing pollution and carbon emissions, and enabling the high-value utilization of CO2—thereby consistently converting environmental benefits into economic gains. In terms of clean energy adoption, subsidiaries such as Yongsheng Technology, Shengyuan Chemical Fiber, and Zhongjin Petrochemical have successfully implemented photovoltaic power generation projects, injecting "green momentum" into their production and operations. In terms of water resource management, alternative water sources accounted for 73.66% of the company’s total water consumption in 2024, with a water recycling rate reaching 98%. Furthermore, over 70 million tons of fresh water were produced using waste heat. Several key products from Zhejiang Petrochemical—a subsidiary—consistently lead the nation in energy and water efficiency, establishing the company as a benchmark within the petrochemical industry.

For a long time, Rongsheng Petrochemical has actively fulfilled its social responsibilities, aligning its own development with national strategies. The company has supported poverty alleviation and rural revitalization initiatives, demonstrating its core commitment: "derived from society, giving back to society." Placing a high priority on chemical safety management, the company continuously elevates product safety standards to safeguard the health and well-being of its employees, customers, and the surrounding communities. Guided by a people-centric philosophy and a commitment to mutually beneficial cooperation, the company actively addresses the needs of both internal and external stakeholders, working alongside them to foster shared development. Regarding corporate governance, the company has consistently refined its governance structure, enhanced transparency, promoted board diversity and independence, and cultivated a more robust governance ecosystem. Simultaneously, it has optimized internal management systems and upheld high standards of business ethics, ensuring full legal and regulatory compliance. Through these rigorous standards and concrete actions, the company promotes the synergistic development of the enterprise, the environment, and society.

As a global benchmark for sustainability in the petrochemical industry, Rongsheng Petrochemical remains dedicated to its sustainable development philosophy. The company continues to strengthen its ESG management, actively fulfill its social responsibilities, and drive harmonious, mutually beneficial growth for both the enterprise and society—advancing with firm resolve toward a greener, low-carbon, and sustainable future!