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That is an fascinating piece of stories. Electrical car producer XPENG shared this week that it has gotten a “AAA” designation for its environmental, social, and governance (ESG) insurance policies. I’m not going to lie — it’s not one thing I ever thought of with the corporate. However I’m fortunately stunned to search out out it’s a frontrunner on ESG in addition to good electrical car (EV) tech.
That stated, the corporate has lengthy been an fascinating and even particular one to speak with. They appear to do issues in a extra open, genuine, progressive approach. I’ve by no means recognized if it was good PR work or simply by chance efficient and endearing. Folks want authenticity, honesty, and openness. Nevertheless, a lot of PR is cookie-cutter, manicured, and unconvincing. XPENG usually seems like a mother & pop store.
Anyway, this isn’t about how they do PR, however the information by some means linked to that for me. They simply come throughout pretty much as good individuals attempting to do top-tier work to advance good electrical autos.
The “AAA” score comes from MSCI. “MSCI ESG scores assess corporations throughout key sustainability dimensions, evaluating their impression on points equivalent to carbon footprint, worker administration, and company governance. With its AAA score, XPENG stands out for its developments in clear expertise and company governance, incomes excessive marks from MSCI for its complete ESG technique and its concentrate on delivering sustainable worth,” XPENG writes.
“Since its founding, XPENG has prioritized sustainable, low-carbon improvement. The Firm’s 2023 ESG report underscores this dedication, detailing substantial carbon reductions — over 1.5 million tons in lifecycle emissions from its 2023 EV deliveries in comparison with conventional gasoline autos. The report additionally emphasizes product high quality, moral enterprise practices, and buyer satisfaction as core priorities. […] XPENG stays devoted to fostering a extra sustainable future, integrating ESG values throughout its operations to create a greater, greener mobility expertise.”
Effectively, kudos to XPENG and thanks for not solely being a inexperienced, clear, EV chief, but in addition caring about broader issues and working as a sustainable firm.
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