ZTE Earns EcoVadis Gold Medal for Commitment to Sustainability
ZTE Earns EcoVadis Gold Medal for Sustainability Excellence
ZTE Corporation, a global leader in integrated information and communication technology solutions, has received the prestigious EcoVadis Gold Medal for its outstanding commitment to sustainability, positioning itself among the top 4% of assessed companies worldwide.
Recognition for Sustainable Practices
In a rigorous evaluation conducted over the past year, ZTE's commitment to sustainability and corporate responsibility has been recognized across various dimensions including environment, labor and human rights, sustainable procurement, and ethics. This award reflects ZTE's continuous efforts to maintain responsible governance and practices throughout its operations.
Outstanding Ranking in the Industry
ZTE's commitment to sustainability has placed it in an elite category within the Manufacture of Communication Equipment sector. With a ranking in the top 2% for sustainability performance within this industry, ZTE showcases its dedication to minimizing environmental impacts and enhancing social responsibility.
EcoVadis Assessment Highlights
EcoVadis evaluates companies based on their sustainability policies and practices. ZTE's stellar performance across various categories is noteworthy:
Environmental Initiatives
ZTE has been recognized in the top 7% of its industry for environmental sustainability, illustrating its proactive measures to reduce ecological footprints.
Commitment to Labor and Human Rights
In the area of labor and human rights, ZTE achieved a place in the top 3%, underscoring its focus on fair labor practices.
Responsible Procurement
The company's sustainable procurement practices are commendable, placing them within the top 3% of evaluated companies.
Ethical Business Practices
In terms of ethics, ZTE also stands out, ranking in the top 3% for its strong governance frameworks that promote transparency and integrity.
By receiving the EcoVadis Gold Medal, ZTE's commitment to sustainability is further exemplified, as the company has been an active participant in sustainability initiatives for over 16 years.
Celebrating Achievements with a Green Gesture
To commemorate this significant achievement, EcoVadis will plant a tree on behalf of ZTE, highlighting the company's dedication to environmental stewardship.
A Commitment to Global Standards
ZTE has long been involved in fostering sustainability practices and has been a proud member of the United Nations Global Compact. Its activities reflect a commitment to global sustainability goals and responsible corporate practices.
Recognitions and Accolades
For nine consecutive years, ZTE has been included in the FTSE4Good Index Series and has recently secured dual targets approvals from the Science Based Targets initiative (SBTi). These accomplishments, coupled with recognition in the Hang Seng Corporate Sustainability Index, highlight ZTE’s sustained efforts in promoting sustainability.
About ZTE Corporation
ZTE is dedicated to connecting the world through innovative technology and integrated solutions. The company’s offerings encompass a wide array of wireless and wireline services, devices, and professional telecommunications services that serve a significant portion of the global population. ZTE is listed on the Hong Kong and Shenzhen Stock Exchanges, reinforcing its presence in the technology sector.
Frequently Asked Questions
What is the EcoVadis Gold Medal?
The EcoVadis Gold Medal is awarded to companies with exceptional sustainability performance, ranking them in the top 5% of all assessed businesses.
How does ZTE promote sustainability?
ZTE promotes sustainability through various initiatives aimed at minimizing environmental impact and promoting ethical labor practices.
What categories did ZTE excel in?
ZTE excelled in environment, labor and human rights, sustainable procurement, and ethics, achieving top rankings in each area.
What does the recognition indicate for ZTE?
This recognition underscores ZTE's commitment to responsible corporate governance and its ongoing efforts in sustainable practices.
How long has ZTE been committed to sustainability?
ZTE has actively released sustainability reports for over 16 years, reflecting its continuous dedication to sustainable development.
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