ZTE Earns EcoVadis Gold Medal for Sustainability Excellence, Recognized Among Top 4% Globally

ZTE's Gold Medal Success in Sustainability

ZTE Corporation has been honored with the prestigious EcoVadis Gold Medal for its exceptional commitment to sustainability. This recognition places ZTE among the top 4% of companies evaluated globally by EcoVadis over the past year, underscoring its continuing dedication to responsible business practices.

Founded in 1985 and headquartered in Shenzhen, China, ZTE is a global leader in integrated information and communication technology solutions. The award reflects ZTE's strong performance in various aspects of sustainability, including environmental management, labor and human rights, sustainable procurement, and business ethics.

Excellence in Sustainability Domains

In the EcoVadis assessment, ZTE achieved outstanding marks in several key categories:
1. Environmental: ZTE is ranked in the top 7% of companies in the communication equipment manufacturing sector, showcasing its efforts to minimize environmental impact and promote sustainable development practices.
2. Labor and Human Rights: The company has earned a place in the top 3% of firms assessed, demonstrating a commitment to fair labor practices and human rights standards across its operations.
3. Sustainable Procurement: ZTE's responsible sourcing initiatives have positioned it in the top 3% in this critical area, reflecting an unwavering dedication to ethical supply chains.
4. Ethics: ZTE has also excelled in business ethics, achieving a rank in the top 3% among evaluated companies, a testament to its strong governance practices and commitment to transparency.

EcoVadis awards medals based on a percentile ranking system. The Gold Medal is reserved for companies that rank within the top 5% (percentile 95+), making ZTE part of an elite group that emphasizes exceptional sustainability standards.

Celebratory Initiatives

To mark this success, EcoVadis will plant a tree on behalf of ZTE in collaboration with One Tree Planted, further highlighting ZTE's environmental commitment.

As an active member of the United Nations Global Compact (UNGC) and the Global Enabling Sustainability Initiative (GeSI), ZTE has published an annual sustainability report for 16 consecutive years since 2009. This can also be seen as evidence of the company's transparency and commitment to sustainability goals.

Recognition by Stakeholders

ZTE's accomplishments in sustainability have been recognized globally; it is the first major Chinese IT enterprise to receive dual approval from the Science Based Targets initiative (SBTi) and to appear on CDP’s A-list. Additionally, ZTE has consistently ranked in the FTSE4Good series of indices for nine years straight and has been included in the Hang Seng Corporate Sustainability indices for 13 consecutive years.

During the 6th BDO ESG Awards 2024, ZTE also won two awards: the 'Theme Award' and 'Outstanding ESG Performance of H-Share Companies', further highlighting its strong commitment to innovative sustainable practices and corporate responsibility.

The Path Forward

The EcoVadis Gold Medal further cements ZTE's position as an industry leader dedicated to innovation and sustainability. This commitment is crucial as technology continues to advance and the demand for sustainable practices grows across various sectors.

ZTE remains committed to connecting the world through continuous innovation for a better future. The company's portfolio encompasses all series of telecommunication services, catering to over a quarter of the global population. Supporting the creation of a digital ecosystem, ZTE is enhancing connectivity and trust worldwide.

For more information about ZTE and its commitment to sustainability, visit ZTE's official website.