ZTE Achieves EcoVadis Gold Medal for Sustainability Excellence, Ranking in Top 4% Worldwide

ZTE Corporation Granted EcoVadis Gold Medal for Remarkable Sustainability

ZTE Corporation (0763.HK / 000063.SZ), a leading global provider of information and communication technology solutions, has recently received the prestigious EcoVadis Gold Medal for outstanding sustainability performance. This recognition places ZTE in the top 4% of companies evaluated by EcoVadis in the past year, making it a standout in the realm of corporate sustainability.

Setting the Benchmark in Sustainability

The EcoVadis assessment is a significant measure that evaluates companies based on their contributions towards environmental, social, and governance (ESG) factors. With ZTE ranking in the 96th percentile globally, this accolade highlights its significant compliance with sustainable practices across various sectors. Furthermore, ZTE stands out in the telecommunications equipment manufacturing sector, where it ranks in the top 2% of evaluated companies.

This recognition is attributed to ZTE's persistent efforts in several key areas:
1. Environmental Responsibility: ZTE ranks in the top 7% of companies in the telecommunications equipment manufacturing sector for minimizing environmental impact, illustrating its commitment to reducing its carbon footprint and promoting eco-friendly operations.
2. Labor and Human Rights: With its policies and practices ensuring fair labor standards, ZTE has been categorized in the top 3% among peers, reflecting its dedication to human rights and ethical labor standards.
3. Sustainable Procurement: ZTE's initiative for responsible sourcing has granted it a position in the top 3% of companies, showcasing its supply chain sustainability efforts.
4. Ethical Governance: The company's robust governance practices place it in the top 3%, highlighting its commitment to transparency, accountability, and ethical management practices.

A Celebration of Achievement

In recognition of its EcoVadis assessment, ZTE will be partnering with One Tree Planted to celebrate the completion of this review through tree planting initiatives, further demonstrating its pledge to environmental responsibility.

ZTE has been an active participant in the United Nations Global Compact (UNGC) since 2009 and has published its sustainability reports consistently for 16 years. The company is noted for its commitment to sustainable development goals and has received accolades such as inclusion in the FTSE4Good Index Series for the ninth year in a row and multiple recognitions from environmental and sustainability platforms.

Additionally, ZTE has also achieved approval for dual commitments from the Science Based Targets Initiative (SBTi) and earned a spot on the A-list of CDP (formerly known as the Carbon Disclosure Project). It has been acknowledged with two awards at the 6th BDO ESG Awards 2024, underscoring its innovation and excellence in ESG performance.

Conclusion: Paving the Way for a Sustainable Future

This Gold Medal from EcoVadis not only fortifies ZTE's reputation as an industry leader but also emphasizes its long-term vision of integrating sustainability into its business framework. As ZTE continues to innovate and push the boundaries of technology, its commitment to sustainability will remain a fundamental pillar in its operational strategy, ultimately leading the industry towards a greener and more sustainable future.

To learn more about ZTE and their initiatives, visit their official website at www.zte.com.cn/global.