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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 considered with the corporate. However I’m fortunately stunned to search out out it’s a pacesetter 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 identified if it was sensible PR work or simply by accident efficient and endearing. Individuals favor authenticity, honesty, and openness. Nonetheless, a lot of PR is cookie-cutter, manicured, and unconvincing. XPENG usually looks like a mother & pop store.
Anyway, this isn’t about how they do PR, however the information in some way linked to that for me. They only come throughout nearly as good individuals attempting to do top-tier work to advance good electrical automobiles.
The “AAA” score comes from MSCI. “MSCI ESG ratings assess companies across key sustainability dimensions, evaluating their impact on issues such as carbon footprint, employee management, and corporate governance. With its AAA rating, XPENG stands out for its advancements in clean technology and corporate governance, earning high marks from MSCI for its comprehensive ESG strategy and its focus on delivering sustainable value,” XPENG writes.
“Since its founding, XPENG has prioritized sustainable, low-carbon development. The Company’s 2023 ESG report underscores this commitment, detailing substantial carbon reductions — over 1.5 million tons in lifecycle emissions from its 2023 EV deliveries compared to traditional gasoline vehicles. The report also emphasizes product quality, ethical business practices, and customer satisfaction as core priorities. (…) XPENG remains dedicated to fostering a more sustainable future, integrating ESG values across its operations to create a better, greener mobility experience.”
Properly, 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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