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Smart Innovation for a Sustainable Energy Future – ENN NG Unveils Upgraded ESG Vision

08 November 2024 Source: Browse volume:

Recently, ENN Natural Gas Co., Ltd. (referred to as "ENN NG" or "the Company," stock code: 600803.SH) formally released its sustainability vision, “WISE: With Wisdom, We Innovate Sustainable Energy.” Marking the company's 30th anniversary as a publicly listed entity, this ESG vision represents a new starting point for ENN NG’s journey toward sustainable development, reflecting the company’s deep commitment and thoughtful approach to environmental, social, and governance (ESG) responsibilities.

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Driving Factors: A Dual Push of Internal Motivation and External Demand

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ENN NG’s commitment to ESG arises from its core values of sustainability and a keen insight into customer needs. Strengthening ESG efforts not only meets regulatory requirements but also actively responds to customers’ needs for low-carbon development and aligns with the intrinsic needs of corporate responsibility and strategic growth. Through stable and efficient clean energy supply, ENN NG supports customers in achieving green, low-carbon growth. The company actively fulfills its social responsibilities, optimizes its governance structure, and continuously improves service quality, aiming to be a benchmark enterprise that earns customer satisfaction and societal trust.

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ESG Management Practices: System Building, Culture Development, and Operational Implementation

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To implement ESG practices, ENN NG has consistently improved its governance framework by linking ESG metrics to executive performance and establishing an internal coordination mechanism. This has created a comprehensive ESG metric system that enables refined ESG management. The company also fosters a strong ESG culture, promoting sustainable practices like low-carbon workplaces and green travel to enhance employees’ awareness of sustainability. Additionally, ENN NG has expanded ESG communication by publishing ESG reports, participating in industry forums, and enhancing its image as a sustainable development leader.

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ENN NG's highly efficient energy management system in the multi-energy sector optimizes energy structure and efficiency, significantly reducing carbon emissions. Its hydrogen energy EPC projects leverage proprietary technology to achieve end-to-end low-carbon solutions. The ENN Zhoushan LNG receiving terminal also contributes to ENN NG's Green Action 2030 goals by reducing greenhouse gas emissions through smart energy management, cold energy power generation, and renewable energy utilization.

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Remarkable Achievements: Recognition from Capital Markets and Social Responsibility

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ENN NG’s ESG management efforts have yielded outstanding results, earning broad recognition in the capital markets. The company's MSCI ESG rating rose from BBB to A, marking two consecutive years of rating improvements. ENN NG has been included in multiple ESG-themed indices and has received several prestigious awards, reflecting its leadership and commitment to sustainable development in the ESG field.

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Visionary Leadership: WISE Guiding Future Development

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The WISE vision (With Wisdom, We Innovate Sustainable Energy) is driven by customer needs, emphasizing the use of smart innovation to enhance the resilience and efficiency of the entire natural gas value chain, providing safe and clean energy solutions for a sustainable future. Built on four core pillars, WISE aims to foster a diverse and harmonious ecosystem, ensure safe energy supply, and create long-term value.

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W (Win-win): Creating a Diverse and Harmonious Ecosystem – Working with stakeholders to co-create a diverse and harmonious industry ecosystem that benefits all.

I (Integrity): Excellence in Governance for Long-Term Value – Elevating governance standards, promoting ethical practices, and fostering inclusive growth to build a transparent ecosystem.


S (Safety): Ensuring Safe Energy Supply to Support Social Development – Strengthening the safety and stability of energy supply to protect the well-being of all stakeholders.

E (Efficiency): Green Development for a Smart, Low-Carbon Framework – Committing to "green development and low-carbon operations," shaping a new framework for a low-carbon energy system in China.

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Implementation: Customer-Driven, Data-Intelligent Approach

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Driven by a deep understanding of customer needs and a commitment to customer success, ENN NG integrates sustainable development into all aspects of business operations through initiatives such as promotion, business alignment, goal setting, and performance feedback. Additionally, ENN NG has incorporated digital intelligence technology into ESG management, developing an ESG smart system that enables data-driven decision-making and enhances management efficiency.

The release of the WISE vision marks a new phase for ENN NG in advancing the energy transition and sustainable development. The company will use this vision as a guiding principle, deeply integrating digital innovation and clean energy to continuously refine its business model, providing more efficient, eco-friendly, and intelligent energy solutions to its customers.

Looking to the future, ENN NG is committed to working alongside all stakeholders, fully leveraging its role as a clean energy enterprise to drive sustainable development and actively contribute to the construction of a modern energy system in China. We firmly believe that the WISE vision will become a powerful engine for ENN NG’s journey toward a new era in the energy industry, working hand-in-hand with partners to create a beautiful, prosperous, and sustainable planet. "With Wisdom, We Innovate Sustainable Energy" – this is not only ENN NG’s vision but also our heartfelt commitment and concrete action toward a better future for our shared home!

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